12/3/22 Trust Administration Seminar with Kanani Makaimoku
Date: December 3
Time: 09:00 AM - 10:30 AM
Venue: Ala Moana Hotel (Carnation Room), 410 Atkinson Drive, Honolulu, HI United States
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VENUE:Ala Moana Hotel (Carnation Room)
DESCRIPTION:A trust is often used to distribute estate assets instead of a Will because a trust bypasses the probate process. Trusts are also frequently found in other areas of an estate plan where they help achieve a wide variety of estate planning goals. Regardless of the reason for the trust, all trusts have a Trustee whose primary function is to oversee the administration of the trust agreement. If you have never before served as a Trustee, it can be an intimidating prospect given the various duties and responsibilities for which you will be responsible, including: Understanding and administering the trust terms, Managing and investing the trust assets, Distributing the trust assets according to the terms of the trust, Communicating with beneficiaries, Resolving conflicts, Ensuring that trust taxes are paid, Keeping detailed records of trust business, and Making discretionary decisions if given that authority. To perform your job as Trustee well, you must first understand the trust terms and then have the legal and/or financial background necessary to execute those terms. The best way to ensure that you will execute your role as Trustee successfully is to retain a Trust Administration attorney to assist you.
ADDRESS:410 Atkinson Drive
SUMMARY:12/3/22 Trust Administration Seminar with Kanani Makaimoku
LOCATION:Ala Moana Hotel (Carnation Room), 410 Atkinson Drive, Honolulu, HI United States
12/3/22 Trust Administration Seminar with Kanani Makaimoku.ics
When a loved one passes, family members and close friends typically go through a period of grief following the loss. If you recently lost someone close to you, the last thing you likely want to focus on are the practical and legal ramifications of your loved one’s death. If the decedent named you as the Personal Representative of his or her estate, or the Trustee of a trust agreement, you will need to find the strength to carry out your duties and responsibilities even though you are still grieving the loss of your loved one. Seeking the assistance of an experienced Trust Administration attorney will ensure that you do not make costly mistakes during the probate of the estate or administration of the trust.
At Sterling & Tucker, LLP we understand how difficult it can be to focus on your duties and responsibilities as a Personal Representative or Trustee so soon after losing someone close to you. We are committed to helping you through administration of the trust agreement.
This event is over and registration has been closed.