Trusts aren’t just set-it-and-forget-it deals – they require ongoing management, especially for seniors. Trust management & estate planning for seniors is like having a financial pit crew to keep your trust running smoothly. It’s about ensuring trusts are properly administered, assets are managed effectively, and beneficiaries are taken care of. Think regular reviews, tax filings, and communication with trustees and beneficiaries. Imagine setting up a trust and then just ignoring it – potential problems down the road! This service provides ongoing support to seniors and their families to ensure trusts achieve their intended goals. The twist? Trust management is often a team effort, involving trustees, financial advisors, and legal professionals working together to ensure the senior’s wishes are honored and the trust operates efficiently. It’s like having a financial orchestra, with everyone playing their part to create harmony. Actionable Takeaway: Setting up a trust is just the first step; ongoing management is crucial to its success. Understanding the responsibilities of trustees and beneficiaries is important for anyone involved in a trust. Maybe research different types of trusts and their management requirements – you’ll become a trust expert in no time!