If your loved one created a Trust, it outlines how their assets should be managed and distributed after their passing. We work closely with the trustee to ensure:
- Proper Trust administration: We ensure the Trust’s terms are followed and all legal requirements are met.
- Minimized conflict: We help navigate potential disputes and ensure beneficiaries receive their fair share.
- Efficient asset transfer: We handle the legal and financial aspects to transfer assets smoothly.
If there is no Trust, or some assets weren’t properly titled in the Trust’s name, Probate Court is required to oversee the distribution of assets. This process can be lengthy and complex, but we can help:
- Navigate the probate process: We handle all legal aspects, including filing paperwork and representing you in court.
- Pay debts and taxes: We ensure all financial obligations are met efficiently.
- Distribute assets to beneficiaries: We follow your loved one’s wishes or the court’s order for distributing assets.
- Identification, collection, and determination of values of assets
- Payment of all debts, expenses, and taxes from estate and trust assets, with submission of regular accountings
- Advice as to the disposition of jointly held assets, life insurance, and retirement benefits that pass outside a will or trust
- Preparation of state and federal, gift, generation-skipping transfer, and gift tax returns
- Notifying all heirs and beneficiaries of the trust or estate
- Communicating with beneficiaries
- Minimize court involvement: We strive to resolve matters efficiently, minimizing the need for court appearances.
- Respectful communication: We understand this is a sensitive time, and we treat you and your family with respect and compassion.
- Clear communication: We keep you informed throughout the process and answer your questions promptly.
No matter how complex the Trust or Estate Administration process may be, Krugler Law will guide you every step of the way. We’ll work closely with personal representatives, executors, beneficiaries, and other fiduciaries to ensure the terms of the Trust are carried out properly. At the same time, we’ll make the process as understandable and stress-free as possible for the trustee.
4959 Delhi Rd, Cincinnati, OH 45238
(513) 916-1600
[email protected]