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A trust administration is NOT a court-supervised process,yet its ultimate goal is also the transfer of property from an individual who has died (the �decedent”) to that individual�s beneficiaries who are identified in the living trust Roseville Estate Law Living Trusts It is usually a good idea to set up an estate account for paying the estate’s final bills and expenses.
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You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate Roseville Estate Law (916) 258-6215 Trust Attorney With all claims,debts and expenses paid,you’ll give the remaining property to the rightful heirs and/or as the will directs.