The Flanigan Law Group, A Professional Corporation
Call Our Irvine Office Today
Click Here To Call Now
Local: 949-450-0041
Toll Free: 800-732-2413

Changes in Life and Law Dictate Trust Review

Changes in your life, and the law, dictate that a thorough review of your trust is imperative to ensure it still complies with your original intent.

One of the many things you should review is your choice for trustee. Many people agree to become an executor or trustee of a parent or close friend's trust or estate without really considering what that job entails. Then the parent or friend dies, and the executors have no idea what to do to fulfill their duties.

Some of the duties of an executor or trustee can include:

· Identifying and valuing assets and debts

· Paying off debts prior to making distributions 
to heirs and beneficiaries

· Tracking any medical expenses for estate 
income tax purposes

· Filing a final income tax return for the 

· Filing an income tax return for the estate

· Filing any necessary gift tax returns for the 
decedent and/or estate

The duties of an estate executor or trustee are significant, and unless someone in your family has prior experience in estate and trust administration, it would be wise to consult with an attorney for the help they will need.

The Flanigan Law Group provides Southern California residents with personal attention for estate planning, administration and litigation legal services. When disputes between families, arise, we are very successful in resolving legal estate issues quickly and efficiently while preserving financial and emotional resources. Contact the Flanigan Law Group at 949-450-0041.

No Comments

Leave a comment
Comment Information

Learn How We Can
Help You

Send Us An Email

How May We Help You?Send Us An Email

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

15615 Alton Parkway
Suite 450
Irvine, CA 92618

Toll Free: 800-732-2413
Fax: 949-271-6346
Map & Directions