Estate Planning & Administration

A. Estate Planning

We feel that we plan better on the “front end” because we know what the “back end” (the implementation/administration of a plan) looks like in practice, not just theory.  

Powers of Attorney, Living Wills, & Advanced Health Care Directives

• Sub-Trusts for Minors and Beneficiaries with limited Financial Skills

• Trust & Wills

• Special Needs Trusts

• Federal Estate, Gift & Generation Skipping Tax Planning

B. Estate Administration

Many Attorneys do not emphasize that a Fiduciary should do the things that keep everyone adequately informed and keep the Fiduciary’s liability to a minimum.  This generally includes “administrative” items that are not just mere legally required formalities, but a means of heading off problems before they develop.  We do emphasize this because one of our “gold-standards” is to keep the Fiduciary out of litigation.

• Decedent’s Trust Administration

Tax ID #s

Proof of Authority, Collecting Assets and Proper Timing of Payment of Claims

Beneficiary Distributions, Communications & Management

Accountings

Estate Tax Return Preparation

Working with Accountant for Fiduciary Income Tax Returns

• Probate Administration

Tax ID #s

Court Required Paperwork

Proof of Authority, Collecting Assets and Proper Timing of Payment of Claims

Beneficiary Distributions, Communications & Management

Accountings

Estate Tax Return Preparation

Working with Accountant for Fiduciary Income Tax Returns

• Guardian & Conservatorships

Court Required Paperwork

Annual Guardian’s Reports

Party Communications & Management

Accountings

Working with Accountant for any Individual Income Tax Returns

• Ongoing Trust Administration for Incapacitated Grantors & Sub-Trusts

Tax ID #s

Court Required Paperwork

Beneficiary Distributions, Communications & Management

Accountings

Counseling Income Distributions & Income Tax Consequences

Working with Accountant for Fiduciary Income Tax Returns

• Attorney in Fact Administration

Physician’s Statements Declaring Disability

Proof of Authority, Collecting Assets and Payment of Claims

Beneficiary Distributions, Communications & Management

Accountings

Working with Accountant for Individual Income Tax Returns