Las Vegas Trust Administration Lawyers
Skilled Trust Administration Attorneys in Las Vegas, NV
A trustee has substantial responsibilities when managing a trust on behalf of a beneficiary. To navigate these duties effectively, seeking guidance from an experienced lawyer is often essential. At our Nevada law firm, we provide expert legal advice for all matters related to estate and trust administration. Our team of Las Vegas Trust Administration Lawyers is here to assist with these complex issues.
At Solomon Dwiggins Freer & Steadman, LTD., we pride ourselves on delivering personalized and competent legal services. Our firm has a proven track record of successfully representing a diverse range of clients in areas such as trust and estate litigation, probate, estate planning, asset protection, and business litigation.
Trusted Legal Guidance for Trustees
A trustee is required to act with a high level of care and diligence when carrying out their responsibilities. This includes being loyal, fully transparent, and ensuring that assets are diversified, wisely invested, and managed fairly for all beneficiaries. By consulting with an experienced lawyer, you can gain a clear understanding of your fiduciary duties and how to comply with Nevada law.
At Solomon Dwiggins Freer & Steadman, LTD., we support trustees in handling a variety of important tasks, including:
- Inventorying assets
- Seeking court approval for interpreting and enforcing trust provisions
- Valuing and distributing assets after the death of a settlor or grantor
- Preparing fiduciary and estate tax returns
- Providing accountings to beneficiaries
- Addressing creditor claims
- Distributing assets to beneficiaries
- Resolving Tax Controversies
- Modifying or reforming trusts
Our tax attorneys collaborate with accountants and appraisers to ensure the accurate filing of fiduciary income and estate tax returns, while also providing thorough accountings to beneficiaries.
Latest Legislative Updates
Under Nevada law, the Notice of Proposed Action now allows trustees to seek consent from beneficiaries on specific actions, offering protection for fiduciaries and potentially lowering trust administration costs. Our attorneys can advise you on the benefits of this recent legislative change and how it may impact your role as a trustee.
Contact Our Las Vegas Trust Administration Lawyers Today
Please contact us to schedule an initial consultation. We can be reached by phone at (702) 853-5483. Our Las Vegas trust administration lawyers can also be reached online via e-mail.