What is Probate?
Probate administration is the legal process in which the assets, debts, and other financial affairs of a deceased individual are resolved and distributed according to their wishes or applicable laws. It is a crucial step in settling an estate and ensuring that all debts are properly paid and assets are distributed to the appropriate beneficiaries. […]
What is Trust Administration?
Trust administration refers to the process of managing and distributing assets held in a trust according to the terms set out in the trust agreement. It is an essential aspect of estate planning and ensures that the wishes of the trust’s creator, also known as the settlor or grantor, are carried out efficiently and effectively. […]
What is a Will?
A will, also known as a last will and testament, is a legal document that outlines the wishes and instructions of an individual regarding the distribution of their assets and estate after their death. It serves as a vital component of estate planning and provides guidance on the administration of one’s estate. A will allows […]
What is a Trust?
A trust is a legal arrangement that allows an individual or entity, known as the settlor or grantor, to transfer assets to another person or entity, known as the trustee. The trustee is then responsible for managing and holding these assets for the benefit of one or more individuals, known as the beneficiaries. The creation of a […]