Rogers Trust Administration Lawyers
Assisting You With Your Trust Administration Concerns
Are you the Trustee of a Trust? Are you unsure of what your duties are throughout the trust administration process?
At Martin & Wagner, P.A., our Rogers trust administration attorneys provide experienced sound legal counsel during the ongoing administration of a trust estate. We help you perform your duties correctly and represent your rights in any disputes that may arise.
Your Trust Administration Duties
As a trustee, you are required to follow Minnesota state rules and guidelines to properly administer a Trust. You are also required to follow all terms and conditions laid out within the Trust document itself. Among your various duties, you could be required to:
- Invest trust assets as necessary
- Make proper disbursements to the trust's beneficiaries
- File income taxes for the Trust every year
- Make an accounting to the beneficiaries
If these steps sound confusing to you, rest assured that you do not have to do this alone. One of our knowledgeable and dedicated lawyers can assist you. We will review the Trust document and all laws relating to trust administration to ensure you understand all of your responsibilities. We can also advise you as to what steps you should take or avoid throughout the life of the Trust.
Addressing Trust Administration Disputes
It is not uncommon for beneficiaries or other parties to question the actions of a trustee. Disputes may arise and can lead to litigation relating to:
- Breach of fiduciary duties
- Improper accounting
- Misappropriation of Trust funds
- Mismanagement of the Trust
We will strive to resolve your trust administration dispute outside of the courtroom. If we cannot reach an agreement that protects your interests, we will advocate on your behalf in court.
Contact Our Minnesota Estate Planning Attorneys
To learn how you can avoid probate through the use of Trusts, or to obtain assistance with trust administration responsibilities, contact Martin & Wagner, P.A., by e-mail or call 763.515.8619 to schedule a free ½ hour consultation.
From our office in Rogers, Minnesota, we provide legal representation to clients throughout the Greater Metropolitan area, including Maple Grove, Albertville, Buffalo, St. Michael and other communities North and West of Minneapolis.
