At the Law Offices of Eric S.T. Young we have the knowledge and experience necessary to handle the administration of even the largest and most complicated estates. We provide efficient and cost-effective trust and probate administration services, as well as experienced representation in conservatorship matters.
In addition to providing representation and assistance with post-mortem trust administration after the death of a trustor, we also provide assistance with trust administration during the lifetime of the trustor.
We advise our clients regarding any issue arising during the administration of a trust, including:
- The duties, powers, and standards of a trustee
- Trustee accounting and recordkeeping
- Investing and managing trust assets
- Modification, revocation, or termination of a trust
- Resignation or removal of a trustee
- Creditor’s rights against the trust or beneficiaries
- Arranging appraisals and business valuations
- Use of disclaimers and other post-death estate and income savings techniques
- Subtrust funding
- Trustee compensation and attorneys’ fees
- Trust litigation
Probate refers to the process whereby a court oversees the administration of a deceased person’s estate. The purpose of probate administration is to ensure that any final bills and expenses of the decedent are paid, including any taxes owed, and any claims by creditors settled. Remaining assets are distributed to the beneficiaries named in the decedent’s will, or if the decedent died without a will, or “intestate,” the decedent’s estate will be distributed to his or her heirs as defined by Hawaii’s laws governing intestate succession.
We have a wealth of experience in probate administration matters, and have handled estates of all sizes, ranging from modest estates to estates involving substantial wealth and complex tax issues. We work closely with the estate fiduciary to marshall and value the assets of the estate, settle claims against the estate, swiftly and efficiently administer the estate through the probate process, and transfer title to assets to the heirs and other beneficiaries of the decedent. We strive to administer every estate with a minimum of expense and delay. In the event a dispute arises during the probate administration of an estate, we are experienced litigators, and are prepared to advocate for the rights and interests of our clients. For further information, see the trust and estate litigation page.
In the event a person becomes incapacitated, and does not have estate planning documents in place designating who will manage their financial affairs or make decisions regarding their care, we can assist in having a conservator of the person and/or the estate appointed and can advise the conservator of their fiduciary duties and obligations.
Experienced Estate Administration in Hawaii
Serving as the personal representative of a decedent’s estate involves many fiduciary duties and responsibilities. It is important to seek the guidance and representation of an experienced Hawaii trust administration and probate attorney. Contact the Law Offices of Eric S.T. Young to schedule a complimentary consultation.