Rich, Fuidge, Bordsen & Galyean

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Trust Administration Lawyer in Yuba City

Trust administration begins after the trustor’s death, when certain steps must be taken to comply with California state law, preserve federal estate tax exclusions, and properly change title to trust assets. Whether you’re managing a trust in Yuba City, Marysville, or throughout the Yuba-Sutter area, expert guidance is essential.

What is Trust Administration?

Trust administration is the process of settling a trustor’s affairs after death according to the terms of their trust. The complexity depends on several factors:

  • Number and type of assets held in trust
  • Total value of the estate
  • Whether the trust includes tax planning provisions
  • Whether beneficiaries are contentious or cooperative

Key Steps in Trust Administration

Asset Appraisal & Inventory: Major assets must be professionally appraised, and a complete inventory is prepared.

Tax Returns: Income tax returns must be filed for the decedent and the trust. A federal estate tax return may be required depending on the estate’s value.

Beneficiary Notification: If the trust became irrevocable upon the trustor’s death, heirs and beneficiaries must be properly notified.

Will Filing: The decedent’s will (if any) must be filed with the Superior Court.

The Critical Tax Exemption Issue

Many trusts include exemption trust provisions for tax planning. However, if proper trust administration does not take place, the exemption trust may not exist at all. This oversight can result in significantly higher federal estate taxes for your heirs—potentially costing thousands or more.

Why Professional Trust Administration Matters

Our Yuba City and Yuba-Sutter trust administration attorneys ensure all legal requirements are met and your loved ones receive the full benefit of your estate planning. We protect tax benefits and prevent costly mistakes.

Get Expert Help with Trust Administration

Contact Rich, Fuidge, Bordsen & Galyean, Inc. at (530) 742-7371 for professional trust administration services in Yuba City and Marysville.