What is Trust Administration?
Trust administration involves managing and distributing the assets held in a trust according to its terms. Trustees have a fiduciary duty to act in the best interests of beneficiaries, often requiring detailed record-keeping, legal compliance, and asset management.
How Hadeed Legal Can Help:
Guidance for Trustees: We assist trustees in understanding and fulfilling their fiduciary responsibilities.
Legal and Tax Compliance: Our team ensures the trust complies with all relevant laws and handles necessary tax filings.
Conflict Resolution: We help mediate disputes between trustees and beneficiaries to maintain trust integrity.
Asset Distribution: Overseeing the proper transfer of assets to beneficiaries according to the trustโs terms.
Why Choose Hadeed Legal?
We provide clarity and confidence to trustees, ensuring the trust administration process is seamless and executed faithfully.