Estate & Trust Administration
Estate Administration in Oakland County
Losing a loved one is difficult and administering the
estate while you are still grieving is even more challenging. Once the court
has appointed a personal representative, usually based on a selection
in the will or an interested party requesting proceedings, the administration
The first step is collecting and maintaining the decedent's assets.
Not all property goes through the probate process, and
our firm can assist you in sorting probate property from nonprobate assets. The personal representative must then pay charges, including:
- funeral expenses
If the decedent left a valid will, the personal representative will then
distribute property according to the will. If there was no valid will,
the decedent will distribute assets according to intestate laws.
Administering a Trust
If you have been selected as a trustee, our Oakland County estate attorney
can help you administer a trust. The trust you are administering probably
has terms that you will need to honor. You may also have broad control
of the assets and may face difficult choices in regards to how you should
invest the property in the trust.
If you do not properly manage the property, you may face charges of trust
mismanagement that can lead to serious repercussions. Our firm can interpret the document, explain the legal rules to you and
provide counsel as you serve as a trustee.
Seek Assistance from an Oakland County Estate Planning Lawyer
Honoring a loved one's wishes is difficult, and attempting to understand
what they wanted can be even more challenging.
With more than 20 years of experience, our firm is well-equipped to walk you through the administration process.
Attorney Stuart Lee Sherman holds a bachelor's degree in accounting,
a Juris Doctorate, and an LL.M. in taxation, which means that he fully
understands the scope and financial implications of estates and trusts.
Contact The Law Offices of Stuart Lee Sherman, PC to learn about our client-centered approach to the law and take advantage of our
free case evaluat
ion for more information about your administration duties.
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