The Importance of an Independent Trust Administrator After a Loved One Passes
When a loved one passes away, the emotional toll on the family can be overwhelming. Amidst the grief and the flurry of immediate arrangements that need to be made, there’s also the critical matter of managing the deceased’s estate. One key component of this process is the administration of any trusts that were set up as part of the estate plan. This is where the role of an independent trust administrator becomes vital. In Michigan, as in many states, appointing an independent trust administrator can make a significant difference in how smoothly and fairly the estate is managed and distributed.
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