Upon the death of the Grantor, the successor trustee can administer the trust estate without the need for probate administration. To start the trust administration process, the Trustee is responsible to file a Notice of Trust with the Court. Even though probate is avoided, the Successor Trustee is still responsible to handle many responsibilities before the assets of the trust can be distributed to the beneficiaries, including consideration of possible tax liabilities, potential creditors’ claims, and fulfillment of the Grantor’s trust instructions.

If you need help with a Florida Trust administration, please call Spinner Law Firm at (813) 991-5099.