Once a grantor establishes a trust, either they or a trustworthy fiduciary must act as trustee for the trust assets. When the grantor dies, a trustee named in the trust documents must act as administrator, seeing to necessary tasks according to state law and the terms of the trust. Trust administration requires careful attention to each detail of the grantor’s wishes, as well as sound legal advice to avoid missteps for which a trustee can be held personally liable. NM Trust and Probate Law Firm, LLC provides reliable legal guidance to trust administrators. We have ample experience in both rolls on a wide variety of trusts, including:
NM Trust and Probate Law Firm, LLC provides highly ethical and reliable administration advisement to a variety of trusts, maintaining the fiscal strength of these entities to serve beneficiaries through the intended life of the trust.
A trustee can be personally liable for mistakes or omissions that result in losses for the trust. We offer sound advice to trustees to ensure accurate and complete compliance with all aspects of trust administration. If you have been named a trustee, We strongly recommend that you retain professional assistance from a trustworthy source.