Trust Planning & Administration

Trust Planning

Attorneys that Practice in this Area:

Revocable living trusts are an increasingly popular tool for families to implement for preservation of wealth for their children and grandchildren, the protection of family members with special needs, protection of family wealth from spendthrift heirs, or the completion of various charitable intentions. Skillful legal advice is also needed to coordinate the trust with the client’s last will and the appropriate titling of assets in and to the trust. Clients with higher accumulations of wealth may have a need for an irrevocable trust agreement that will not only guarantee the preservation and distribution of assets, but will also work to minimize the cost of federal estate taxes and state inheritance taxes to relieve that burden from your estate and ultimately your family. Fine & Hatfield attorneys will also provide for the proper and efficient administration of trusts during lifetime or after death. In order to have the peace of mind and confidence one’s trust should bring, expect the best legal guidance from Fine & Hatfield to secure your family’s future.

Trust Planning Services include:

  • Revocable Living Trusts including credit shelter trust planning
  • Spousal protection QTIP trusts
  • Special Needs Trusts for incapacitated minors or adults
  • Qualified Personal Residence Trusts (“QPRTs”)
  • Irrevocable Life Insurance Trusts (“ILITs”)
  • Conduit Trusts for qualified retirement plans
  • Charitable Trust Planning
  • Charitable Remainder and Lead Trusts
  • Qualified Subchapter S Trusts

Trust Administration Services include:

  • Investigation, identification and marshaling of assets
  • Identification and management of debts
  • Docketing of trust and court orders when needed
  • Verification of transfer and titling of assets
  • Appraisal and inventory of assets
  • Management of trust obligations and family support
  • Preparation and submission of all inheritance and death tax returns
  • Coordination of all income tax returns