Palm Beach Lawyers Providing Fiduciary Services

Every trustee has a fiduciary duty to faithfully fulfill a number of important responsibilities. These duties include distributing trust assets to the beneficiaries and ensuring that trust assets are invested in a prudent fashion. Further, trustees have certain administrative duties, such as keeping accurate accounting records, filing tax returns and making regular reports to beneficiaries. These various duties are complicated, in part because a trustee's failure to adequately perform these tasks can be liable for breaching his or her fiduciary duty. In many instances a skilled, savvy lawyer is the best person to serve as trustee, having the requisite skill and knowledge to successfully and efficiently carry out the fiduciary duties.

At The Law Office of Nicole C. Morris, P.A., our attorneys serve as trustees, co-trustees, successor trustees or in an advisory capacity. We can perform these services on a temporary or permanent basis, depending on the needs of our clients.

An Alternative to Trustee Services

In Florida, there are numerous trustee services that claim to aid trustees in fulfilling their duties. In our experience, these services are often far too deferential to banks and are not as concerned with adhering to the grantor's wishes. When serving in the capacity as a trustee or when advising a trustee, our sole objective is to manage the trust according to the terms set out by the grantor. We can intervene in all types of challenging estate disputes, including disputes among beneficiaries.

Talk to an Attorney About Fiduciary Services in Palm Beach

Call our Palm Beach Gardens law firm at 561-855-0348 or email us to schedule a free initial consultation to discuss your specific needs.