Common Trust Administration Misunderstandings

We frequently see one of the same handful of trust administration misunderstandings. From the length of time required, to the tax effect, to the court’s involvement, there are a batch of common misunderstandings. Do we have to go to court? Can we do anything to cut off creditors’ claims? How long does it take? Can the trustee make distributions right away? These are some of the issues we discuss in this week’s podcast episode.