Trust Administration

Overview

Our attorneys have extensive experience necessary to advise clients in the administration of Revocable and Irrevocable Trusts. 

Services

  • Trust administration
  • Preparation of federal estate tax returns, including to elect spousal portability
  • Preparation of Iowa inheritance tax returns
  • Preparation of fiduciary income tax returns
  • Advice and assistance regarding:
    • joint tenancy, payable on death or transfer on death clauses, and beneficiary designations;
    • title to real estate; and,
    • disclaimers.
  • Business formation of closely held corporations, limited liability companies and family limited partnerships.
  • Business succession planning in the form of buy-sell agreements, shareholder/stockholder agreements and stock redemption agreements.

Representative Client

  • Individuals and families with "ordinary" needs (e.g. with children)
  • High net worth individuals
  • Individuals with assets owned in several different states
  • Closely held corporations of any size

Cases and Transactions

  • We have developed estate plans designed to save hundreds of thousands of dollars in federal estate tax.