Trust Administration
When a trust is created, a trust administrator is appointed to administer the trust assets for the benefit of the beneficiaries according to the terms of the trust. A trust administrator need not be an individual. In many cases, attorneys, law firm personnel and banks serve as trust administrators.
When faced with the loss of a loved one, the details involved in settling an estate or trust can be overwhelming. An experienced attorney can help you navigate through the process efficiently and effectively. The estate administration lawyers at Tuesley Hall Konopa understand the steps to take to do what is right for you and your family. As caring professionals with over 60 years of experience in trust administration we will:
- secure proper appraisals and preservation of assets.
- ensure that the estate or trust receives all interest, dividends and other income to which it is entitled.
- administer and minimize obligations, taxes and administrative costs.
- prepare and file all required pleadings, reports and tax returns.
- counsel the personal representative or trustee to ensure compliance with all applicable laws
In rendering these services, we try to keep heirs and beneficiaries fully informed about the status of the estate and trust making every reasonable effort within the scope of our professional judgment to limit the services rendered on behalf of beneficiaries to those which are necessary and appropriate.
Contact Tuesley Hall Konopa, LLP for a free initial consultation to discuss any trust administration, estate planning, or estate administration questions you might have.
