The Denver trust administration lawyer at Donald Glenn Peterson Attorney at Law has extensive experience helping clients manage all aspects of different types of trusts.
When a loved one has set up one or more trusts as part an estate plan governing his final wishes, the task of administering the terms of the trust will be granted to a trusted loved one (or a group of individuals) known as the trustee(s). In such cases, trust administration can be a complex responsibility, and failing to abide by the specific terms of the trust can lead to litigation against the named trustees – particularly if individuals involved in the trust allege that a trustee has breached his fiduciary responsibilities or otherwise acted unethically.
At Donald Glenn Peterson Attorney at Law, our Denver trust administration lawyer has extensive experience helping our clients administer various types of simple and complex trusts in order to help them avoid potential trust disputes and associated costly litigation. Some of the specific elements of trust administration that we can be vital to facilitating include (but are not limited to):
- Analyzing and interpreting the terms of trusts
- Ensuring that the terms of the trust are complied with as specified
- Paying off any debts and/or estate taxes associated with the trust
- Drafting and enacting amendments to revocable trusts
- Distributing the assets of the trust to the specified beneficiaries (according to the specified schedule)
- Maintaining accurate accounting books for the trust in the event of a future dispute.
Consulting with an Experienced Denver Trust Administration Lawyer
If you are the founder, trustee or beneficiary of any type of trust and need assistance with the complexities of trust administration, the Denver trust administration lawyer at Donald Glenn Peterson Attorney at Law is here to help you at every step of the process. Regardless of whether the trust is a living or testamentary trust, our full-service law firm can help develop, draft, thoroughly review and ultimately manage the trust so that all parties involved can avoid having to deal with lengthy and contentious probate proceedings, expensive estate taxes and other emotional and financial headaches down the line.
For more information regarding our services, as well as professional legal advice regarding the best manner in which to move forward with your trust administration needs, contact the experienced Denver trust administration lawyer at Donald Glenn Peterson Attorney at Law by emailing us or calling (303) 758-0999.