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There are strict rules about who can be an administrator How can the ILIT aid fix these issues? Probate Attorney Is Probate a Public Proceeding?.

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Gather assets (often called “marshalling assets Probate Attorney Probate Attorney If the Beneficiary is a spouse: If you inherit your spouse’s Individual Retirement Account,you can deal with the IRA as your own.
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The title document must clearly indicate that ownership is held as joint tenants with rights of survivorship,as tenants by the entireties,or as community property

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Upon death,a person you appoint as your successor trustee assures that the property is transferred to those you designate as trust beneficiaries.
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