Guidance When Preparing Trusts
Farr Law Firm’s trust administration attorneys guide clients and trustees through all aspects of trust administration. Our lawyers counsel clients in preparing trusts in order to avoid or minimize probate, reduce estate taxes, and decrease the cost and time for administering their assets upon death.
A trustee is tasked with many obligations such as, managing the assets of the trust, paying off the decedent’s debts and taxes, preparing accountings and estate tax returns, and making the proper distributions to beneficiaries. The process can become overwhelming for one person. Our attorneys assist trustees in fulfilling their fiduciary duties as well as complying with all federal, state and local laws.
Our trust administration attorneys recognize that during the course of administering an estate, controversies and disputes may arise. On those occasions, our trust litigation attorneys are prepared to resolve trust disputes – before or after a lawsuit is filed – inside or out of court.