Probate and Trust Administration
The Firm is experienced in both the probate of assets upon the death of individuals, and the administration of living trusts upon the death of each spouse and/or settler of the trust. The Firm’s attention to the funding of assets during the lifetime of the settler of the trust results in significantly reducing or eliminating the delay and costs attendant to probate proceedings.
Further, considerable planning can be accomplished to eliminate or mitigate estate taxes through trust administration after the first spouse's death. The Busch Firm has substantial experience in this area, and by implementing estate and gift tax valuation strategies and sub-trust funding strategies, significantly more assets can be passed to the ultimate beneficiaries of the trust.