Administering a trust or estate can be a complex process. As a trustee (who administers the trust) or a personal representative (who administers the estate in the probate process), you are subject to numerous legal requirements and fiduciary duties. Missteps can lead to serious consequences. In some cases, you may be subject to personal liability or even criminal liability for a breach of fiduciary duty.
Additionally, your role is integral to wrapping up your loved one's affairs. Among other duties, you must:
Many of these duties are extremely time-sensitive. It is important to track the many important deadlines for each step of the process.
I invite you to contact an Adams County trust and estate administration attorney to obtain individualized legal guidance. Please call 303-500-7706 to arrange a consultation.
At Tolison & Williams, Attorneys at Law, LLC, I provide experienced legal guidance for trustees, personal representatives and other fiduciaries handling trust or estate administration. I have extensive firsthand experience navigating legal hurdles and avoiding pitfalls. I serve as deputy public administrator for the 17th Judicial District in Colorado. The court appoints me to act as the personal representative or trustee in cases where no one else is available or fit to serve. Thus, I have in-depth and firsthand knowledge of the many duties and deadlines accompanying such a role.
I am passionate about guiding clients through complex legal processes. You can expect to work directly with our attorney at each step of the way. Additionally, you can reach out to me at any time with questions or concerns. I always strive to be accessible to clients and promptly address their questions.
Accomplishing proper distribution of your loved one's assets requires interpreting legal documents — such as a will or trust — and ensuring that the legal disposition is made. Although certain trusts do not require court approval, they may still end up in court if a beneficiary disputes their validity, alleges breach of fiduciary duty or claims that the terms are subject to multiple interpretations.
With an experienced attorney as your adviser, you can rest assured that you have taken the right steps and protect yourself as the fiduciary.
Please call me at 303-500-7706 to arrange a consultation.
203 Telluride Street, #400 Brighton, CO 80601 Phone: 303-500-7706
Fax: 720-247-9032
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