Kocher Law Firm offers a stress-free and; professional, approach to trust administration. Our firm will ensure that the decedent’s wishes are carried out while advising the trustee on the various requirements of trust administration under Florida law.
While there are many different types of trusts, trusts are generally categorized as “revocable” or “irrevocable”. A revocable trust becomes irrevocable upon the death of the “settlor”, sometimes referred to as the “grantor” (i.e. the person who created the trust). In many cases, the settlor is named as the trustee or as a co-trustee of the revocable trust during his or her lifetime. The trust document will typically name a successor trustee to act upon the settlor’s death.
Upon the trust becoming irrevocable, the trustee must meet certain fiduciary obligations required by Florida law. A few of these duties include:
At Kocher Law Firm, we’ve seen it all. Our years of experience allow us to provide our clients with the most cost-effective and deliberate solutions available. Contact our experienced team for a reliable trust administration attorney in Boca Raton.