Do you need trust administration from an experienced Lexington attorney? Find out how the right law firm can help families avoid the cost and hassle of going through the probate process.

Trust administration from a qualified Lexington estate attorney can help beneficiaries and heirs avoid the cost and hassle of an estate going through the probate process. Depending on when a family seeks trust administration services, the role of the attorney will vary. However, having expert legal services to manage the tasks of trust administration is the most effective strategy for meeting the intended objectives of the settlor—the person who originally placed the assets in the trust.

A trust involves three parties—the settlor, the beneficiaries, and the trustee who will distribute the trust assets. If the settlor is still living, he or she can also serve as the trustee, but because the trust administration will not take place during the settlor’s lifetime, it’s prudent to choose a separate trustee. To simplify the process, a settlor or trustee can turn to an attorney for professional trust administration to implement the estate plan when the time comes.

What Is Trust Administration?

The tasks of trust administration do not officially begin until after the settlor has died. At that time, the trustee will carry out the terms of the trust, distributing the property to the named beneficiaries. Because trust administration is a complicated matter, there are many potential pitfalls a trustee may encounter, including family disputes and legalities regarding taxes and asset distributions.

A Lexington attorney can provide reliable counsel and assistance with all tasks related to trust administration, such as:

  • Serving as executor and/or trustee or appointing these roles
  • Identifying trust assets and any liabilities
  • Coordinating asset appraisals
  • Supervising trust creation and distribution, including asset sales or liquidation, debt payments, and fees
  • Managing all tax filing and payments
  • Distributing property according to the settlor’s wishes
  • Providing trust litigation services if necessary

Call a Lexington Attorney for Trust Administration Today

By leveraging the knowledge and expertise of a Lexington attorney, a settlor or trustee can ensure a trust is protected and distributions carried out as the settlor intended. If you need trust administration, McCutchen McLean, LLC can provide the professional services you need to honor the settlor and best serve the beneficiaries’ needs. Call our Lexington office at 803-785-4529.

Reviews

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James McCutchen drafted our estate planning documents and he did a fantastic job. The entire process was easy and affordable. I highly recommend James for any of your estate planning or probate needs.

Angela

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James McCutchen helped me with my business contract for my new business venture. He was able to offer helpful and informative suggestions and recommendations for my contract. It is reassuring to have someone like James look over my contract to know that I will be covered. His service was outstanding and I highly recommend him for your legal needs!!

Travis

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I recently had a tax issue with the IRS. I called McCutchen McClean law firm and they were able to fit me in quickly. They sat down with me, reviewed all the documents, listened to my concerns, and gave me wonderful advice as to how to fix the issue. They were friendly and understanding. Now, my tax issue is resolved, taking a HUGE weight off my mind. I would recommend them for any tax issue you may have! The service, hospitality, knowledge, and professionalism was outstanding!

Alasen

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We recently used James McCutchen and we could not be any happier! He was very kind, thorough when answering all of our questions and the best part of all we got everything completed pretty quickly. We highly recommend James. Thanks again for everything!

Abby

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I have referred several clients to them. My clients are very happy with the outstanding, timely service they receive. James and Robin are extremely smart and professional, yet speak in "plain english" so everyone walks away educated regarding their tax, estate or family law issue.

Gayle

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Smart people that do great work.

Charles

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I used Robin McLean as an attorney to secure a divorce about 20 months ago. I found her to be efficient, reasonably priced, and very well skilled. I was completely happy with her work. She did what she said. Since that time, I needed additional help with paperwork and she responded promptly and to my complete satisfaction. I highly recommend Robin as an attorney.

Howard

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