A fiduciary is the person who has been named in a will to settle an estate. If no fiduciary has been identified, or there is no will, the probate court will appoint a fiduciary to manage and administer an estate.
MendenFreiman attorneys have significant experience serving as legal counsel to fiduciaries including executors, administrators and trustees, and advising them on the intricacies and complexities of trust and estate administration. In addition to the complicated legal responsibilities of fiduciaries, we are sensitive to family and beneficiary dynamics that often play a significant role in trust and estate administration.
If you need guidance with fiduciary duties, we can help:
- Identify and gather assets
- Notify heirs and beneficiaries of the estate
- Handle claims / pay outstanding debts
- Manage estate contests and claims
- Prepare estate tax returns and filings
- Distribute assets according to the will
Committed to Efficiently Administering Trusts and Estates
Acting as fiduciary is a serious responsibility. A fiduciary has a duty to provide estate beneficiaries with complete, accurate and timely information and could potentially be exposed to liability during the process of performing duties. MendenFreiman can provide representation and guidance to individuals who do not have the time or risk tolerance to handle their fiduciary duties.