Trust Administration

After the passing of the creator of a revocable trust, the trustee must begin the process of trust administration.  Our office can assist the trustee with the following:

  • Providing notifications compliant with the California Probate Code that serves to limit the time to contest the trust or to bring claim against the trust estate;
  • Taking necessary steps to enable the successor trustee to gather, safeguard and manage trust assets;
  • Inventory and valuation of assets;
  • Assisting the trustee in proper record-keeping procedures for the trust and in the preparation of reports and accountings;
  • Fulfillment of the trustee's fiduciary duties to the beneficiaries of the trust while limiting the trustee's liability; 
  • Paying debts and trust expenses and dealing with creditors;
  • Preparing Estate Tax Return (Form 706) if necessary;
  • Preparing necessary notifications to county assessor's offices if the trust estate includes real property;
  • Applying for the parent-child exclusion for an increase in property taxes for California real property being distributed to children;
  • Distribution of trust assets to beneficiaries; and
  • Representing the trustee in disputes with creditors or beneficiaries in connection with the administration of the trust.

Call (805) 267-1125 to schedule a consultation today.

Law Offices of Mary P. Kulvinskas located in Westlake Village, CA serves clients in southern CA including Agoura, Calabasas, Camarillo, Los Angeles, Malibu, Oxnard, Simi Valley, Thousand Oaks, San Fernando Valley, and Ventura.

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2625 Townsgate Road, Suite 330, Westlake Village, CA 91361
| Phone: 805-267-1125

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