Fiduciary Litigation

Disputes and Claims

When interested parties of a trust or estate enter into disputes, cost and complexity result.

Administration Issues

Multi-Jurisdiction Administration

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Administering trusts and estates across state or national boundaries creates complexity in both filing ancillary probates and taxation issues.

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Illiquid Trust and Estates & Ceditor Disputes

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When a trust or estate has liquidity problems, it may be necessary to disallow claims, negotiate work-outs, or even solve the issues with Bankruptcy.

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Spousal and Family Claims

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Estate and Trust laws allow spouses and families of deceased persons to assert claims and take a portion of the estate in some instances.

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Estate and Trust Tax Issues

Estate and Gift Transfer Taxes

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For larger estates with values in the millions, tax filings are necessary and post-mortem tax planning can make a tremendous difference to the estate.  Planning ahead of time with trusts and gifts is the most effective way to address taxes, though a number of options are available after death as well.

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Business Transfer and Taxes

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Closely held businesses might need to be sold or liquidated to cover estate taxes unless careful planning is put into place ahead of time.  While some post-mortem planning and tax elections can be helpful in transitioning businesses, the rules are complex and the consequences considerable.

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Trust and Estate Income Taxes

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The taxation of trusts and estates, addressed in Subchapter J of the Internal Revenue Code, is a complicated and important set of rules.  Understanding how trust and estate income and distributions can impact tax attribution and tax rates is critical to efficiently managing trusts and estates.

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