Antelope Valley Trust Administration - Successor Trustees
If you have questions about the management or administration of assets in a living trust, or if you have been named as the successor trustee under the terms of a revocable living trust, A/B bypass trust, special needs trust, or other estate planning document, you likely will need experienced professional advice about the proper discharge of your duties as trustee during a period of incapacity or for postmortem administration. Contact the Southern California trust administration attorneys at Thompson Von Tungeln, A P.C., in Lancaster for reliable guidance about your duties.
Our trust administration lawyers Mark E. Thompson and Kevin L. Von Tungeln are both Board Certified Specialists in Estate Planning, Trust, and Probate Law by the State Bar of California Board of Legal Specialization. Their experience and familiarity with the legal and practical considerations of California trust administration can save you stress, confusion, and the risk of expensive mistakes. Among the duties of a successor trustee following the death of the trustor under a revocable living trust are the following:
In a situation where the successor trustee's duties are activated upon the trustor's incapacity, the functions are roughly similar, with the important additional responsibility of supervising the medical treatment or long-term care of the trustor. Additional duties will involve contacting banks and financial advisors, appointing a guardian of minor children if necessary, and applying for insurance or disability benefits.