Serving as a Trustee
Trust and Estate Planning lawyers are particularly trained in the nuances of trust and estate law and the many fiduciary duties that must be adhered to. These nuances, referred to as "fiduciary obligations" which courts strictly construe, include the duty of loyalty, full disclosure, fair dealing, good faith and impartiality. Having read and drafted numerous trusts and wills, a lawyer understands when discretion may be exercised, the obligation to invest money prudently, and the importance of communication with the beneficiaries. We bring to this area a skill set that has been honed over the years to make sure that the terms of the trust are clear and are adhered to, that the beneficiaries receive what they are due, that income tax returns and required accountings for the trust are filed on time and are accurate and, most importantly, that your intent in creating the trust is achieved.