Trust Administration

Trust administration involves responsibilities associated with maintaining a trust's assets, disbursements, and filings. The duties are often tricky and time-sensitive. Depending on the requirements, the process of operating a trust may include requesting legal, financial, and other administrative assistance. Making necessary filings following the settlor's death and paying off the trust's financial liabilities are additional aspects of trust management.

At Hughes Legacy Law PLLC, we implement effective plans to address your trust administration obligations and demands, putting clients at peace knowing they are dealing with a trusted advisor with a reputation for quality.

Our trust administration services include but are not limited to:

• Managing complicated personal and charitable trusts
• Advising on the appointment of trustees and trust protectors
• Accounting for trust activity
• Advising fiduciaries on the investment and distribution of trust assets
• Ensuring compliance with state and federal law, including tax filings

Federal Estate Tax & Gift Tax Planning

Estate and gift planning allows you to safeguard your money and pass it on to your designated beneficiaries. There are several financial and nonfinancial goals to consider during the planning process and, because goals and tax laws change over time, it’s a good idea to revisit your strategy periodically.

Hughes Legacy Law PLLC attorneys provide estate and gift tax planning guidance to clients in order to help them accomplish their family and financial goals.

Our attorneys are committed to helping our clients develop and reach their goals. We understand the specific tax issues confronting our clientele, which ranges from entrepreneurs and Fortune 500 executives to retirees. Whatever your personal circumstances, our estate planning professionals use a collaborative approach to create custom strategies that minimize taxes and probate costs.