Reliable Legal Guidance For Trustees
Administering a trust is a weighty responsibility. As fiduciaries – that is, someone legally obligated to act in another’s best interests – trustees are held to high standards. Missteps can result in costly litigation and personal liability. For that reason, it’s critical to work with an experienced attorney who can advise you and guide you through the process.
Why Work With Us
You will find the guidance you can trust at Brown Borkowski & Morrow in Farmington Hills, Michigan. Our trust and estate lawyers have more than two decades of legal experience. We leverage that experience to represent trustees and successor trustees in all aspects of trust administration. One of our lawyers, Thomas J. Borkowski, Jr., also draws on his background as a certified public accountant (CPA) to provide valuable insight on trust accounting and tax implications of trust administration.
When you work with us, you will get personal guidance tailored to the unique situation of the trust you’re administering. You can expect honest, upfront guidance and responsive service.
Navigating All Aspects Of Trust Administration
There are many facets to trust administration. Our firm provides comprehensive guidance for trustees. We can help you navigate duties such as:
- Interpreting and applying trust terms
- Preparing accountings and tax returns
- Managing and investing trust assets
- Reporting to beneficiaries
- Making distributions in accordance with the trust terms
- Avoiding and resolving trust disputes
We are familiar with the inner workings of all kinds of trusts, from living trusts and special needs trusts to more niche trusts such as generation-skipping trusts, qualified terminable interest property (QTIP) trusts and more.