Probate & Trust Administration

Many clients have a variety of questions pertaining to how estate planning works in the State of Florida. Certain aspects that involve financial manners frequently require people to make emotionally difficult decisions that involve loved ones.

The Process Of Probate

Most executors have rarely if ever probated a will and know little about the process. Michael A. Lampert, P.A. can guide you through all aspects of probate, including:

• Filing the will with the Florida probate court
• Developing the best strategy for fairly and expeditiously probating the estate
• Finding and collecting assets
• Closing and opening bank accounts
• Transferring assets from the deceased to the estate
• Paying estate taxes
• Valuing, managing, preserving and liquidating the estate
• Locating beneficiaries
• Hiring experts, when appropriate
• Valuing and managing the estate

We assist executors with the arduous process of collecting, managing, valuing, protecting and liquidating the assets of the estate. Michael A. Lampert, P.A. has a team of experts available to assist in every aspect of estate probate. When appropriate, the firm calls upon accountants, financial advisors, real estate agents, property managers and other professionals to assist with executor duties. We can access expert opinions about unique assets such as antiques, rare books, automobiles and other collectables for accurate valuation, management and possible sale.

Managing Trusts

Once a trust is established, its operation must be overseen by a qualified administrator. This trustee manages the investment of funds and distribution of assets according to the grantor’s design contained in the trust’s documents. Trust administration requires careful attention to each detail of the grantor’s wishes. A conscientious trustee must have comprehensive knowledge of the law and be scrupulous regarding client service. For 30 years, Michael A. Lampert, P.A. has provided highly ethical and reliable administration to a variety of trusts, maintaining the fiscal strength of these entities to serve beneficiaries through the intended life of the trust. We provide administration services to clients on a wide variety of trusts, including:

• Incentive trusts
• Living trusts
• Generation-skipping trusts
• QTIP trusts
• Charitable remainder trusts
• Irrevocable life insurance trusts

 

Meticulous Administrative Services

Michael A. Lampert, P.A. in West Palm Beach has extensive experience in all duties expected of a trust administrator, including:

• Investment of assets
• Management of assets
• Preparation of accountings
• Preparation of tax returns
• Distributions to beneficiaries

 

Call Today For A Consultation