The loss of a loved one is a traumatic event, filled with sadness, stress and anxiety about the future. To make matters worse, it is also a time when critically important financial and legal decisions must be made. At Dyer Bregman & Ferris Law, we understand the powerful emotions families experience during a time of loss, and will use our years of experience as estate administration attorneys to make the process go as smoothly as possible.
Another important matter to consider upon losing a loved one is the issue of who will serve as trustee for the estate. It is a position that should not be taken lightly, because there are a number of duties and responsibilities that go along with assuming the role of trustee, as well as personal liability risks. These include statutory notice requirements, payment of expenses, beneficiary distributions, income and estate tax issues, and many more. If you have agreed to act as trustee, we can guide you through the process and make sure you avoid the risks that accompany it.