How long does a trust administration take?
One of the purposes of a properly drafted and funded trust is to prevent the need for a probate proceeding, so that your loved ones can return to their everyday lives as soon as possible. Even so, the length of time it will take to properly administer your trust will vary depending on several factors. These factors include the size of the estate, whether the trust was fully funded, the type of assets that exist, and any requirement to pay taxes. It will be your family, and not the courts, who will be able to settle the estate on their terms and at a time of their choosing. Most trust administrations will take a fraction of the time needed to probate an estate.
