Legal Assistance To Trustees For The Trust Administration Process
When you name someone as a trustee, it is both an honor and a responsibility. When you name someone to be the trustee, this indicates you have a great deal of trust and faith in that person’s abilities to manage your trust assets. However, for some people, administering the trust as trustee can often feel like a burden. As a trustee, you have many responsibilities and hold fiduciary duties to both the creators of the trust, known as the grantors, and to trust beneficiaries. Failure to meet your duties may expose you to personal liability.
At the McMahon Law Firm, we can help. Our lawyers have been assisting trustees with trust administration for more than 20 years. We understand the process involved and the legal duties you must fulfill. We act as trusted counselors during every stage of the administration process, offering support and advice to clients as they act as trustees.
Located in Camillus, a suburb of Syracuse, McMahon Law Firm, Attorneys and Counselors at Law, helps clients throughout upstate New York navigate the trust administration process.
Trustee Representation: Ensuring Your Duties As Trustee Are Met
At the McMahon Law Firm, our attorneys help clients throughout the trust administration process. From the initial funding of the trust to ongoing trust asset management, distributions and dissolving the trust, we will provide a helping hand every step of the way.