Utah Probate and Trust & Estate Administration
Utah Estate and Trust Administration
A properly drafted and funded trust will generally avoid probate. The trust need not be filed with the probate court. Nonetheless, there are still steps necessary to administer the trust: beneficiaries must be contacted; assets must be gathered, valued and managed; potential creditors must be notified; debts, taxes and final expenses must be paid; and, ultimately, any remaining income and assets must be distributed in compliance with the trust terms. Successor trustees often lack the time, resources or knowledge to personally administer the trust, and therefore may call upon legal, accounting and investment professionals for assistance. Oftentimes, a corporate fiduciary (e.g., a trust company) is an excellent alternative to relying solely on busy family members or friends to serve as trustee. We can help your successor trustee(s) deal with the complexities of administering your trust. Please call our office and we will be happy to schedule a consultation, whether or not our office has drafted the original trust.
Salt Lake, Davis, and Weber County Estate Planning, Tax, Business and Real Estate Attorney Jason Hunter assists clients with Estate Planning, Wills, Trusts, Revocable Living Trusts, Charitable Planning, Utah Probate and Estate Administration, Asset Protection, Business Succession Planning, Elder Law and Long-Term Care Planning, Special Needs, Tax and Corporate Planning, and Real Estate in the greater Salt Lake County, Davis County, and Weber County areas, including Salt Lake City, Centerville, Bountiful, Farmington, Fruit Heights, Kaysville, Layton, Syracuse, Clearfield, West Point, West Haven, Roy, Hooper, Ogden, Pleasant View, Farr West, and Brigham City, with additional reach to serve clients in St. George, Cedar City, Kanab, Park City, Provo, Orem, and Logan.
Copyright © Jason C. Hunter. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. Some artwork provided under license agreement.
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