Trust Administration

OVERVIEW

 

Our attorneys have extensive experience necessary to advise clients in the administration of Revocable and Irrevocable Trusts.

Services

  • Trust administration
  • Trust accounting
  • Preparation of federal estate tax returns, including to elect spousal portability
  • Preparation of Iowa inheritance tax returns
  • Assistance with fiduciary income tax returns
  • Court approved trust amendments and modifications
  • Advice and assistance regarding:
    • effect of title to real estate and other assets, including joint tenancy;
    • effect of payable on death or transfer on death clauses and beneficiary designations;
    • qualified disclaimers; and,
    • post-mortem estate tax planning.

Representative Client

  • Individuals and families with who have lost a loved one and need assistance through the trust administrative process, including;
    • High net worth individuals with federal estate tax liability;
    • Individuals with Iowa inheritance tax liability;
    • "Typical" or "Blended" family issues; and,
    • Individuals claiming to have been treated unfairly or improperly by a trustee of a trust.
  • Cases and Transactions
  • We have developed trusts designed to save hundreds of thousands of dollars in federal estate tax.