Trust Administration
At Christenson & Fiederlein, PC we have experience in handling all aspects of trust administration. We believe in the use of experts, such as CPA’s, to assist in handling the accounting and tax filings to save our client's costs. We assist the successor trustee named in the Trust in settling the affairs of the decedent. A trust is s generally easier to administer without going through probate than a Will. However, when the person who establishes a trust dies, the job of the successor trustee can become complicated.
Transference to the successor trustee does not happen automatically, and our trust administration lawyer helps clients handle the transference and other duties, including:
- Notice to Beneficiaries
- Acceptance of Trust
- Accounting
- Inventory and Appraisal
- Income and estate taxes
It is important to seek legal advise in properly handling Trust Administration.