A trust – whether revocable, irrevocable, testamentary or other – is created by a trust agreement, which dictates when, how and to whom an individual’s assets are distributed either after their death or at some other chosen time. The trust agreement also appoints a trustee to manage and distribute the assets held within the trust pursuant to the terms of the trust agreement.
At Davis Law Firm, P.A., we often represent trustees throughout the administration or distribution of the trust assets. We have worked extensively with the administration of various trusts, including:
- Revocable trusts (or living trusts)
- Irrevocable trusts
- Testamentary trusts
- Supplemental needs or special needs trusts