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Trust administration is when there’s an event that triggers a change in the trust administration such as the death of one of the ____ so that’s there a funding, for example, of two sub trusts within that trust governing trust agreement. So with respect to trust administration, we will work with the client on identifying all the assets and helping them transfer or retitle them in the name of this appropriate sub trust particularly with respect to certain estate tax planning needs.
Phoenix, AZ estate planning attorney Chikk Myers talks about how you can administer and change an existing trust.