Acting as the executor, administrator or trustee of an estate or trust is a significant responsibility. The estate or trust administration process can be complicated and time-consuming. Even when the documents appear straightforward, there may be no readily apparent local rule that if not followed can have serious negative consequences. The Law Offices of Yacoba Ann Feldman has over 35 years of experience guiding California individuals and families through all aspects of estate and trust administration. An estate administration attorney at our firm is ready to provide quality legal services.
Estate Administration Attorney in the San Fernando Valley
We understand that these are difficult times and our compassionate firm is here to guide you and protect your rights and those of the beneficiaries –or heirs to whom you as the representative have a heightened duty. If you are undertaking to be the personal representative, executor, administrator, or trustee you should first consult with legal counsel. If you need to schedule a consultation, contact The Law Offices of Yacoba Ann Feldman.
There are times when probate cannot be avoided. If your loved one dies without a will or trust, their estate may have to be handled by a probate court in accordance with California probate law. At the Law Offices of Yacoba Ann Feldman, we represent executors, administrators, beneficiaries, and other interested parties in probate matters. We handle probate matters in all counties throughout California.
Developing a comprehensive estate plan often includes the execution of trusts. Administration of the trust becomes necessary after the death of a loved one. If assets were inadvertently or purposefully not transferred to a trust before death, a probate or estate administration may also be required after the death. Some form of administration is almost always required even if the other spouse is still alive. Trust administration like estate administration is needed to assure debts and taxes are paid, title to assets is cleared, and ongoing arrangements for the spouse, children or other beneficiaries are affected.
The executor of an estate is an important position involving responsibility and trust. The executor has significant obligations not only to the testator and the family but also to creditors. Affecting the written instructions of the deceased may conflict with what the personal representative feels the decedent would have, or should have, done. Being an executor is an honor but it is one that is coupled with great responsibility and the process of working through the administration of an estate can be quite complicated.
In many situations, a person will develop an estate plan that leaves money and belongings to a loved one. Others may choose to leave assets to an organization in hopes of supporting a cause posthumously. The person or entity that inherits under the provisions of a will or a trust is called a beneficiary.