You've gone through the extensive process of creating a revocable living trust, ensuring that your estate and assets avoid the costly probate process. That's only the start, though. But, what happens after you pass:

 

1. Who opens the estate with the IRS & State agencies?

2. Who locates the assets and completes all the asset transfer documents?

3. Who files the estate taxes and pays any outstanding debts?

4. Who registers the fiduciary with the IRS?

 

These are just a handful of questions that we regularly get from trust & estate clients. And these questions are the reason we launched trustify!

 

The majority of the population with living trusts don't even know these questions exist until after a loved one passes. That's because the law firms that form living trusts don't generally discuss this aspect. They are generally only focused on the "now."

 

What trustify does is focus on the "then," meaning what happens after the passing. This is done through the implementation of an estate d if you don't have an estate administration policy in place during your life, then your family has to foot the bill to administer your estate, and those fees can run in the tens of thousands of dollars. That's money that is taken from their inheritance. But that doesn't have to happen.

 

With an estate administration policy from trustify, we handle the entire process outlined below. An estate administration policy works just like a life insurance policy does. You pay the monthly policy fee and upon your passing, the policy pays out by covering the estate administration fees needed to open and close the estate.