Trust Administration

Trust administration refers to the entire administration of a trust and trust assets by the trustee of the trust for the benefit of a trust beneficiary. Trust administration generally involves the fiduciary duty of a trustee to: carry out the terms of the trust as set forth in the trust document; fund the trust and safeguard the trust assets; invest the assets according to the Prudent Investor Rule; and to providing accountings to the trust beneficiaries for a certain accounting period (usually January – December of a calendar year) which show the actions of a trustee, the receipts of income and principal to the trust, the gains and losses on the sale of trust assets, the disbursements and distribution of trust assets, and the property on hand at the beginning and end of an accounting period.

The Law Offices of Melvin K. Rube provides representation to trustees and to beneficiaries in trust administration cases.

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