Individuals serving as trustees engage our firm for assistance with trust administration, including monthly monitoring of the investments held in the trust, preparation of the annual accounting for the trust, and preparation and filing of the annual tax returns required for the trust. We can also assist trustees with the evaluation of distributions requests by beneficiaries, and can help resolve disputes with beneficiaries. When a trustee is managing an irrevocable trust (such as a life insurance trust), the trust is often structured to require an annual gift from the grantor, which in turn requires a notice to the beneficiaries informing them of the gift. We assist many trustee clients with this annual gifting and notice process.
I concentrate my law practice on planning for the transfer of family wealth and the design and implementation of tax-advantaged asset transfers. I also help clients establish and administer closely-held business and real estate entities, such as corporations and limited liability companies.