New Trustees & Executors-Information We Will Need

The following is information that we will need from you to assist you with your trustee or executor administration duties. Due to the different types of trusts and variations in their complexity, not all areas listed will apply to you.  There will most likely be other items not listed that we will identify through the discovery process.  Please note: the facts and circumstances are different
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Categories: TRUSTS, ESTATES & FIDUCIARIES.

Integrating Your Estate Plan to the Larger Perspective

Estate planning will help you pass more of your assets to your loved ones rather than to the government and the legal system, thereby helping ease the strain on your family with as few legal hurdles as possible. Your family can avoid the time and costs associated with the probate process A well drafted estate plan can minimize or eliminate estate taxes and will keep
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Categories: TRUSTS, ESTATES & FIDUCIARIES.

Trust and Estate Tax Returns

Tax Returns Even When You Die?  As Executor or Successor Trustee you may be responsible for filing tax returns for the decedent and the estate or trust. Income Tax Returns Often a final 1040 personal income tax return, and a State version, is required to report income and expenses up to the date of death. A 1041 Fiduciary Income Tax Return, along with the State
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Categories: TRUSTS, ESTATES & FIDUCIARIES.

Advisory Services to Trustees and Executors

Have you been named a Successor Trustee or Executor for a loved one who has recently passed on?  If so, it is important that you understand your role and the responsibilities that you have. California law requires you, as successor trustee or executor, to take specific legal steps in carrying out your fiduciary duties.  If the estate contains items of substantial value, such as a
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Categories: TRUSTS, ESTATES & FIDUCIARIES.

Trust and Estate Tax Returns

Tax Returns Even When You Die?  As Executor or Successor Trustee you may be responsible for filing tax returns for the decedent and the estate or trust. Income Tax Returns Often a final 1040 personal income tax return, and a State version, is required to report income and expenses up to the date of death. A 1041 Fiduciary Income Tax Return, along with the State
Read More

Categories: TRUSTS, ESTATES & FIDUCIARIES.