The trust administration process has similarities to the probate process, except without court oversight.
The successor trustee, who serves as fiduciary, accepts appointment and makes proper notice to trust beneficiaries. The successor trustee must carry out actions and manage the trust as specified in the trust instrument. Assets must be
marshaled, protected & inventoried. Debts and taxes must be paid. Accountings & distributions must be completed as required.
Ohio trust administration must comply with the trust instrument and statutory requirements. Attorney Durbin can assist you with carrying out your fiduciary duties as Successor Trustee to comply with all necessary requirements.
Call 330-472-2083 for a free initial consultation.
Attorney Deanna Durbin of the Akron, Ohio, law firm of Durbin Law Office, LLC, provides probate, estate planning, and trust and estate administration legal services in the cities of Akron, Bath, Richfield, Fairlawn, Copley, Norton, Wadsworth, Medina, Doylestown, Cuyahoga Falls, Stow, Tallmadge, Munroe Falls, Hudson, and surrounding Summit, Stark & Medina County areas.
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