Lynnwood, Bellevue, Seattle-Area Trust Administration Lawyers
A trustee occupies a position of trust. The trustee must manage assets that belong to another, who is called the beneficiary. The trustee owes a duty to the beneficiary, and to any residual beneficiaries who may be entitled to trust funds upon the death of the principal beneficiary.
A trustee's position is not without its potential liabilities. There may be disgruntled relatives who are jealous of the trustee's authority, or the beneficiary's wealth. A residual beneficiary may be convinced that no one could handle so much money for another without putting some of it in their pocket. These trust administration situations can result in litigation.
A trustee needs the advice of a good lawyer. Contact us to discuss your trust administration matter.
At Hickman Menashe, P.S., Bill and Jacob can assist you in your trust administration. This will include:
- Adhering to the terms of the trust
- Complying with the laws of the state of Washington
- Working with accountants regarding accountings and federal and state tax returns
We have particular experience in dealing with special needs trusts.
Some trusts provide for life care for the beneficiary. Some, like testamentary trusts, provide for payouts to children at intervals upon reaching their majority. Whatever the terms of your trust, we can provide you with solid trust administration counsel based on more than 25 years of experience.
Concerns regarding the management of trusts
If you are a beneficiary or residual beneficiary, or a concerned relative, and you have reasonable grounds to suspect that a trustee is not acting properly, or fulfilling his role diligently, you may want to come in to discuss the matter with us. If you feel that a trustee is not upholding the highest standards, we can help you. We know what to look for and what questions to ask and, if litigation becomes necessary, we will help pursue it.
Contact us today to discuss any trust matters that concern you.
Hickman Menashe, P.S.Phone: 425-744-5658 | Fax: 425-744-6078 | |
Main Office:4211 Alderwood Mall Boulevard | Satellite Office: |
The law firm of Hickman Menashe, P.S., provides representation with regard to estate and incapacity planning, long-term care and Medicaid planning, special needs trusts, probate and estate administration, and guardianships and trust administration. We serve clients from Snohomish, King, and Skagit counties and elsewhere from across Washington from a main office in Lynnwood, which is close to Seattle, Shoreline, Lake Stevens, Edmonds, Bothell, Mill Creek, Everett, Monroe, Snohomish, and Marysville, and a satellite office in Bellevue, which is close to Mercer Island, Kirkland, Redmond, Woodinville, Renton, and Tukwila. | |