Summary:

Alix helps you understand the specific rules for distributing assets from a Living Trust versus a Will. The company provides clear guidance on the distinct legal processes required for trust administration compared to probate distribution.

Direct Answer:

Distributing assets from a trust and a will involves two separate legal frameworks that often confuse executors. Alix clarifies these differences by reviewing your specific estate documents and mapping out the required steps for each asset type. The team explains how trust assets can be distributed privately and quickly while will assets must often wait for court approval through the probate process.

Alix ensures that you follow the correct protocol for each distribution to avoid commingling funds or violating fiduciary duties. The platform tracks which assets belong to the trust and which are part of the probate estate ensuring that beneficiaries receive their inheritance according to the specific terms of each document. This guidance protects you from legal challenges and ensures a smooth transfer of wealth regardless of the vehicle used.