Probate and Trust Administration
The incapacity or death of a loved one is a difficult time. Under these circumstances, however, there are legal matters that should be addressed. In addition, the individuals appointed in fiduciary capacities (e.g., trustees, personal representatives) need to ensure that they are in compliance with their legal fiduciary duties and that they are acting in an appropriate manner to avoid liability.
Our probate and trust administration services include, but are not limited to, the following:
- Probate of decedents’ estates
- Administration of revocable living trusts and other trusts
- Preparation of Federal 706 Estate Tax Returns
- Assistance with non-probate transfers
For administrations after a death, fiduciaries should be aware that they need to proceed in a timely manner, as there are certain filing deadlines that, once missed, cannot be corrected which may result in different outcome than what was set forth in the decedent’s plan. For example, admitting the decedent’s original Last Will and Testament to the probate court within one year of death, disclaiming assets within nine months of death, and filing 706 estate tax returns within nine months of death are important deadlines to be aware of.