Estate Administration Lawyer
Navigating the complicated administrative duties associated with managing an estate can be overwhelming for those that are not trained in the estate and gift area of law. At the Tax Law Offices of David W. Klasing, we offer guidance to ensure a successful and smooth transition for those that assume the duty of Executor or Trustee of an estate. We make it our priority to protect both the assets and family relationships of my clients. Several considerations go in to planning and managing an estate and it is my job as your estate administration lawyer to help find the optimal balance between the personal and tax related matters that arise.
Unique Experience as a Practicing Probate Attorney and CPA
As a Certified Public Accountant with over 20 years experience I am uniquely qualified to tackle the often perplexing and seemingly endless forms, files, and deadlines that accompany the effective management and closing of an estate. I earned my Master’s degree in taxation with an emphasis in estate and gift taxation. During my years in practice as a CPA I regularly prepared Form 706 Estate tax returns as well as Form 709 Gift tax returns.
While pursuing my law degree, I concentrated on such courses as California Community Property, Trusts and Estates, and Property law, which compliments my professional background and enables me to provide a variety of services under one roof. This makes it convenient for clients that may seek answers for questions occurring at all phases of the estate administration process.
Additionally, engaging the Tax Law Offices of David W. Klasing is cost effective because having knowledge of both the legal and financial sides cuts down the added expense of having to spend time communicating and coordinating with other professionals working on the estate. The natural result is savings to the clients that preserves more of the estate for beneficiaries and heirs.
Questions and Answers About Estate Executer and Trustee
- Role of executor/trustee in distribution of estate?
- What generally are the basic duties of a trustee?
- How does someone inventory assets?
- What is involved in paying debts and taxes?
- What fiduciary duties does a trustee need to fulfill?
- What is duty to account and how a trustee complies
- Tax returns, critical dates, deadlines trustees should know
- What is a step up in tax basis and am I eligible?
- Provisions to know in decedent’s testamentary instrument
- Parent-child and/or grandparent-grandchild exclusion
- How should a trustee document his or her actions?
Estate Administration Dedication
My impeccable work ethic and advocacy has earned my practice accreditation from the Better Business Bureau, which makes a commitment to ensure client satisfaction. Further, I have earned a superb 10.0 rating from the attorney rating website Avvo that measures among other things, experience, industry recognition, and professional conduct.
As an experienced estate administration lawyer, I have the knowledge and experience needed to effectively explain estate ax issues to my clients. A working knowledge of the process ensures client satisfaction and eliminates confusion. By keeping clients reasonably informed I am guaranteeing my diligence and follow through