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Los Angeles, California Probate & Trust Administration Attorneys

Once a trust is established by a grantor, its operation must be overseen by a qualified administrator. This trustee manages the investment of funds and distribution of assets according to the grantor’s design contained in the trust’s documents. Trust administration requires careful attention to each detail of the grantor’s wishes. A conscientious trustee must have comprehensive knowledge of the law and be scrupulous regarding client service. For more than 60 years, trust administration attorneys at Gifford, Dearing & Abernathy, LLP have provided highly ethical and reliable administration to a variety of trusts, maintaining the fiscal strength of these entities to serve beneficiaries through the intended life of the trust. They are available to provide administration services to new clients on a wide variety of trusts, including:

  • Credit shelter trusts (CST)
  • Incentive trusts
  • Living trusts
  • Generation-skipping trusts
  • QTIP trusts
  • Charitable remainder trusts
  • Irrevocable life insurance trusts

Meticulous administrative services
Gifford, Dearing & Abernathy, LLP in Los Angeles has extensive experience in all duties expected of a trust administrator, including:

  • Investment of assets
  • Management of assets
  • Preparation of accountings
  • Preparation of tax returns
  • Distributions to beneficiaries

Advice to trustees
A trustee can be personally liable for mistakes or omissions that result in losses for the trust. Gifford, Dearing & Abernathy, LLP offers sound advice to trustees to ensure accurate and complete compliance with all aspects of trust administration. If you have been named a trustee, the firm strongly recommends that you retain professional assistance from a trustworthy source.  As an established law firm with a long record of success in trust administration in California, Gifford, Dearing & Abernathy, LLP can help.

Probate
The firm’s attorneys apply their extensive knowledge about California probate court to guide you through the complex process of probating a will. They assist executors in all steps of the process, including:

  • Creating a plan of action to probate the estate fairly and expeditiously
  • Filing the will with the probate court in California
  • Closing and opening bank accounts
  • Transferring assets from the deceased to the estate
  • Valuating the estate
  • Managing and liquidating assets as appropriate
  • Paying taxes and other debts
  • Locating beneficiaries
  • Hiring professionals and experts when necessary

Contact a reliable source for probate & trust administration legal services
To schedule an appointment with Gifford, Dearing & Abernathy, LLP, call 213-626-4481 or contact the firm online to schedule your free consultation.