When a trust is established, the trust’s founder (the “trustor”) defines how the trust’s assets will be dispersed. A trust can be created in a variety of ways, including an irrevocable trust. The trust will also name a trustee, who will be a family member or close friend, to carry out the trustor’s desires. The trustee will oversee numerous things after the trustor passes away. To comply with inheritance tax rules, trust administration covers the transfer of non-probate assets such as Trust assets, life insurance, and annuities. Our trust administration attorneys regularly assist with these issues and more.