South Dakota Trust & Estate Administration Attorney
Helping Clients Manage Their Trusts & Estates for 25+ years
One thing many people overlook in the process of planning their estate is the question of who will actually carry out their wishes after they pass away. As the trustee, this person will have significant control over how smoothly the whole process goes. It is important to get the help of an estate and trust administration lawyer who is experienced and competent. At Aspen Legacy Planning, Attorney Stephen J. Wesolick brings more than two decades of experience to help you plan effectively for your future.
Dial (605) 610-4016 now or contact our firm online to schedule your free consultation with Aspen Legacy Planning.
Unwavering Commitment to Your Wishes
Making your trust fit your family’s needs is tough enough as it is, and having the wrong trustee can complicate the process further. With a knowledgeable South Dakota estate planning lawyer helping to manage the trust, you can enjoy more peace of mind.
A trustee should be:
- Organized
- Determined, as the process can be quite long
- Loyal
- In good health, as they ideally need to be alive when you pass on
Trust administration includes:
- Collecting and storing documents
- Investing principal
- Paying expenses
- Organizing tax documents
- Defending the trust in court
- Making sure the appropriate beneficiaries receive their income
What Distinguishes an Estate from a Trust?
Whereas an estate is guided by the specific wishes of a will or the legal rules of that state, a trust is administered according to the trust agreement. An estate can take a few years to settle completely but the trust administration process is an endeavor that can last for many years. There are benefits to each of these arrangements that warrant careful consideration.
If you enlist an intelligent lawyer such as our attorney, Stephen J. Wesolick, you can structure your trust or estate proactively.
Contact the Aspen Legacy Planning office today at (605) 610-4016 to explore your options in trusts and estates.