Being named as a Trustee is an honor. It exemplifies the trust that your loved one had in your judgment, your sincerity, and your ability to manage assets in a way to best benefit any intended beneficiary.
However, that honor also comes with great responsibility. There are requirements under Arizona law regarding the collection, management, and distribution of an estate -- regardless of if it is passing through the Probate Court.
Legally sufficient, timely, and ongoing notifications need to be given to beneficiaries to ensure their rights are protected. Creditors of the deceased also need to be notified; however, if done correctly, their claims to the monies in an estate can be greatly limited, if not barred, thereby allowing for the largest potential inheritance to be distributed.
Let us take some of the burden off your shoulders. Let us help you manage the Trust and its administration so you can spend less time on the paperwork and truly focus on what matters -- your loved one and their legacy.
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