A properly created trust can offer a streamlined way to pass on assets and avoid probate. But even though a trust avoids court, it still needs to be administered. That’s where our team at Petrelli Previtera, LLC can help.
Whether you’re a trustee managing a loved one’s trust or a family member seeking legal guidance after a loss, our Philadelphia trust administration lawyers are here to ensure everything is handled smoothly, legally, and in accordance with the grantor’s wishes.
What Is Trust Administration?
Trust administration is the process of managing and distributing the assets in a trust according to the terms outlined in the trust document. The person responsible for this process is called the trustee. In some cases, a family member or close friend is named. In others, a law firm is chosen to provide professional trust administration.
Unlike wills, which go through the probate process, trusts are administered privately. Still, the responsibilities placed on a trustee are serious. They include:
- Managing and protecting trust assets
- Maintaining accurate records
- Paying outstanding debts and taxes
- Filing the decedent’s final income tax return
- Filing fiduciary income tax and, if applicable, estate tax returns
- Communicating with beneficiaries
- Making final distributions
These duties must be carried out with honesty, accuracy, and in good faith. Mistakes or oversights can lead to legal disputes, delays, or tax issues.
What Happens After the Grantor Passes Away?
Once the creator of the trust (the grantor) passes away, the trustee steps into an active role. The trust administrator must:
- Notify beneficiaries of their interests
- Determine the full scope of trust assets
- Ensure debts, expenses, and taxes are paid
- Carry out the terms of the trust as written
In some cases, the trust may continue for many years. In others, it may be distributed in full shortly after the grantor’s death. Each trust is different, which is why legal support is so important.
How Our Philadelphia Trust Administration Lawyers Help
Trust administration is about more than just paperwork. It’s about protecting a legacy, respecting the wishes of the person who created the trust, and minimizing confusion or conflict among beneficiaries.
Our attorneys can:
- Provide guidance for individual trustees who need legal help
- Serve as professional trustees or co-trustees to ensure impartiality and efficiency
- Help prevent mismanagement, misunderstandings, and legal disputes
- Prepare legal filings and fiduciary tax documents
- Establish and manage reserve funds to cover expenses
- Maintain transparency and provide timely reports to beneficiaries
Whether the trust is simple or complex, our team delivers proactive guidance and comprehensive support at every stage of the administration process.
We approach trust administration with the same care and clarity we bring to every estate planning matter. Our goal is to make the process smooth, transparent, and stress-free for everyone involved. Our goal is to make the process smooth and stress-free for everyone involved.
Why Choose Petrelli Previtera, LLC?
Trust administration requires more than just knowledge of the law. It demands integrity, attention to detail, and clear communication with all parties involved.
Clients choose our firm because:
- We bring years of experience in Pennsylvania trust and estate law
- We support both full-service trust administration and individual trustee assistance
- We help avoid tax issues, delays, and conflicts
- We are proactive in addressing potential litigation or administrative hurdles
- We are responsive, compassionate, and committed to protecting your peace of mind
Whether you need help carrying out your duties as a trustee or want a trusted legal partner to administer a loved one’s trust, we are ready to support you.
Talk to a Philadelphia Trust Administration Attorney
If you’re managing a trust or have questions about the process, Petrelli Previtera, LLC is here to help. Our experienced team is available to answer your questions and provide trustworthy guidance.
Contact us today to schedule a consultation with a Philadelphia trust administration lawyer.