Trust Administration Lawyers in Salem
Managing Trusts for Clients in Albany & Keizer
At Johnson & Taylor, our trust administration attorneys take the duties of trustees very seriously and always look after the best interests of our clients. Helping families and individuals make sense of how a trust works can cut down on conflict and ensure that the beneficiaries’ rights and trust assets are protected.
Trusts are often created for minor children, beneficiaries with disabilities, spouses, or charities as part of estate tax planning. When someone who has a trust dies — often the settlor or the person who created the trust — the process of trust administration process can ensure the management of the trust is handled correctly.
If you are the successor trustee and the initial trustee has died or is no longer able to serve, many things must be done to ensure proper trust administration. Working with a trust administration attorney can help you understand the process and make it run more smoothly.
Request your free initial consultation by calling us at (971) 318-5516 today. Se habla español.
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“I had no idea how to handle my father's insolvent estate after his death and I was in distress. The staff at Johnson &Taylor were compassionate to my situation and set up a consultation when no other firm would give me the time of day. It was the best money well spent.”- Leah D.
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“She was knowledgeable, professional, & prompt in her responses...while also being personable & friendly. She made a complicated process easy to navigate. Thx Debbie!”- Kathy L.
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“My experience was exceptional. Interacting with Ryan and Mayra was professional, yet very personal. They expertly guided me through the complex process of preparing a Revocable Living Trust and Power of Attorney, and more, ensuring that every detail was meticulously handled. Ryan’s deep knowledge and clear explanations made me feel confident and informed at every step. Mayra’s attention to detail and friendly demeanor made the entire experience smooth and stress-free.”- Deb S.
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“My wife & I, recently completed our Estate Planning to protect our family and everything we have built this far. The attorneys were very professional and walked us through the process of doing the right kind of estate planning that was best for our family. I highly recommend them for your estate planning needs. Also, his assistant Debbie was Amazing. Thank you again!”- Joaquin B.
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“Debbie was respectful and prompt in all of our discussion. Recommend them to anyone needing help with probate.”- Ruben G.
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“Johnson and Taylor have been an incredible help to my wife and mother-in-law as they navigated the process of setting up a Special Needs Trust. Ryan, in particular, has been outstanding—patient, understanding, and always willing to take the time to explain every step clearly. He’s made what could have been a complicated and stressful process feel smooth and manageable. We truly appreciate the care and attention they’ve given our family, and we’re grateful to have had such a dedicated and compassionate legal team on our side.”- Casey W.
What Is a Trustee?
A trustee is the person appointed in a trust whose responsibility is to account for, hold, and administer trust assets as the trust directs. Revocable living trusts usually name the settlor as the first trustee and appoint a successor trustee to take control after the settlor dies or becomes incapable of administering the trust. A trustworthy family member, friend, attorney, bank, or trust company are often named as trustees.
What Are the Duties of a Trustee?
The duties and responsibilities of a trustee include providing legal notices to beneficiaries, controlling estate assets, and following the instructions of the trust document.
A trustee may also:
- Invest and reinvest trust assets
- Open bank accounts
- Pay bills and taxes
- Lease, buy, sell, and repair property owned by the trust
- Hire and provide reasonable compensation to the trustee, attorneys, and accountants who advise or assist in trust administration
A trustee is required to keep current, accurate accounting records of the trust assets and manage them for the benefit of the recipients of the trust. Challenges often arise for trustees when there are conflicts between two or more beneficiaries or the language in the trust document is unclear.
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