Settlement Administration

Settlement administration refers to the process of managing and distributing the assets and financial obligations of a trust or estate after someone passes away, or when a settlement is reached in a legal case. This involves gathering all relevant information, ensuring debts and taxes are paid, and allocating remaining assets to beneficiaries according to the wishes of the deceased or the terms of the settlement. Effective settlement administration ensures that the process is carried out efficiently, transparently, and in compliance with legal requirements, providing closure and support to those affected.