Trust Administration
Trust Administration During Life
If you are responsible for administering a revocable or an irrevocable trust, we will help you in the funding of various trusts, making distributions, managing the trust assets, trust accounting, and coordinating with your tax preparer in the preparation of fiduciary income tax returns. We will also advise you regarding the interaction between the trust and various life insurance products and retirement plans.
Trust Administration After Death
Administering a loved one’s trust after they have passed can be a bewildering process. We guide trustees through the process of notifying beneficiaries, inventorying and valuing trust assets, selling trust assets, securing loans, filing tax returns, providing Probate Code compliant accountings, and final distribution to subtrusts and individual beneficiaries. We counsel trustees on how to avoid incurring liability to the trust and beneficiaries.