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North Carolina Trust Administration

Successful trust administration requires an understanding of the trust instrument as well as North Carolina trust law. Altogether, they subject the trustee to multiple duties and requirements. Without counsel, serving as trustee can be confusing and stressful. It doesn’t have to be.

At Starrett Law Firm, we will review the trust instrument and the law applicable to North Carolina trusts and trustees with you in detail, upfront, so you know all that’s required of you. We then counsel you as needed throughout the term of your service as trustee, so you can administer the trust efficiently and without costly mistakes. With our guidance, serving as trustee can be uniquely gratifying as you work to fulfill the trust maker’s intentions and legacy.

Trust Resources:

Common Considerations

  • Trust Purpose
  • Trust Terms
  • Distributional Requirements
  • Trustee Standard
  • Expenses
  • Trustee Powers
  • Control Over Trust Property
  • Duty to Administer in Good Faith
  • Duty of Loyalty
  • Prudent Investor Rule
Let us make trusteeship gratifying.
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