South Dakota Estate Administration Attorneys

Trust Administration Lawyers in South Dakota

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, Principal Attorney Stephen J. Wesolick helping clients manage their trusts and estates for 30 years.

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 Principal Attorney, Stephen J. Wesolick, you can structure your trust or estate proactively.