Trust Administration in New York

Serving Clients in the New York Capital District, Albany County and the Surrounding Area

Trust administration occurs in many different situations, including during the life of the grantor of the trust (person who creates the trust) as well as at the death of the grantor. It can be challenging for the trustee of the trust to balance the competing interests of the beneficiaries of the trust along with handling the complex duties associated with managing a trust. Often, there are tax reporting requirements, record keeping issues and decisions with respect to distributions of income and principal. As a result, it is extremely important for trustees to have access to sound legal advice from an attorney experienced in trust administration issues. We have significant experience assisting trustees in meeting their fiduciary responsibilities with respect to trusts and can help you handle your duties as a trustee.