Trust Administration 101: What Happens After Someone Passes Away

Episode Summary:

In this episode of Protecting Your Legacy with Estate Planning, Adam Grant discusses the crucial steps involved in trust administration after a loved one passes away. From understanding the trustee's responsibilities to resolving disputes and winding down the trust, Adam provides valuable insights for families navigating this process.

Key Timestamps:

00:00 – Introduction

01:30 – First steps after a loved one's passing

03:45 – Responsibilities of the trustee

06:10 – Initiating trust administration in California

08:25 – Transferring assets during administration

10:15 – Involvement of beneficiaries

12:00 – Resolving disputes or confusion

14:20 – Avoiding personal liability as a trustee

16:05 – Preventing delays in trust administration

18:30 – Winding down the trust

About the Show:

*Protecting Your Legacy with Estate Planning* is a podcast dedicated to guiding Southern California families through the intricacies of estate planning, probate, conservatorships, and more. Join Adam Grant, a seasoned attorney at Stonewood Law Group PC, as he shares his expertise in protecting your assets and securing your family's future.