New Podcast Walnut Creek: What Every Trustee & Beneficiary Needs to Know

Walnut Creek CA

25 May, 2022

11:54 PM

Description

Kirsten was thrilled to be a part of Jennifer Fink’s podcast, Fading Memories. Avid Absolute Trust Talk fans may recognize Jennifer from a recent episode, where Kirsten and Jen talked about all things Alzheimer’s. This time, Kirsten and Jennifer sat down to get into the nitty-gritty details of trust administration. In the midst of a death, there are seemingly a million tasks to complete to ensure the decedent’s wishes are fulfilled. This process, especially for a grieving family member who is also the trustee, can be overwhelming. Kirsten details the nuanced steps a trustee must take, discussing obligations, how to navigate conflicts with co-trustees or beneficiaries, and ensuring all legalities are met. Some questions that Kirsten and Jennifer answer include:Watch Now!>> Where to get started? How to protect yourself as a trustee, especially among feuding family members?What process and procedures are legally required? And more! Trust administration can be a difficult task. There’s no sugar-coating it. And it’s a lot of work. If you feel like you’re in a tornado of paperwork and question marks, you are not alone and don’t have to complete the process alone. We hope this episode will guide you in the right direction, and if you have any questions or want to learn more about our Trust Administration Roadmapping, please don’t hesitate to get in touch. Big Three from the Podcast: A trustee is legally bound to put the beneficiary’s interest before their own.It’s okay to ask for help, and it’s recommended to meet with an attorney before you administer a trust to make sure you’re on the right path and legal procedures are completed correctly.There must always be a paper trail of the money and assets to show what was left after the death – what was spent to actualize the trust and what is left to distribute to the beneficiaries. Transparency is key! Tune In Now! >> [Ad] Do you need help with your estate planning now? We can help. Together our Absolute Trust Counsel team will take a look at your situation and your specific needs and develop a strategic plan that will protect you and your loved ones, regardless of what may come. Here’s a link to schedule your free discovery today at https://absolutetrustcounsel.com/scheduling/If you have any other questions, please feel free to contact us by calling 925.943.2740 or sending an email to [email protected].