A legal document with a required form, not a spreadsheet. It is the first thing a court reads.
An accounting sets out what the trust held, what came in, what went out and what remains, in the form the Probate Code requires. Beneficiaries can demand one, and a trustee who cannot produce one is in a weak position regardless of how honestly they have acted.
We prepare them from the records, and where the records were never kept we reconstruct them from bank and title history. That is the single most expensive thing in most administrations, and the most avoidable.
What this involves
- Accountings in the statutory form
- Reconstruction where records were not kept
- Responding to a beneficiary's demand
- Waivers, where every beneficiary agrees
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Also in trust administration
- Successor trustee representation
- Notices and trust certifications
- Distributions and closing a trust
- Beneficiary representation
Who does this work
