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Trust and Estate Administration

New York Trust and Estate Administration Attorney Advises Trustees

New York lawyer assists with the probate process

Fryer & Ross LLP provides guidance to individuals named as trustees or as executors of estates. I help ensure that you successfully uphold your fiduciary duties.

Trust administration

Trust administration requires careful attention to each detail of the grantor’s wishes. I assist clients with the administration of a wide variety of trusts, including:

  • Credit shelter trusts (CST)
  • Incentive trusts
  • Living trusts
  • Generation-skipping trusts
  • QTIP trusts
  • Charitable remainder trusts
  • Irrevocable life insurance trusts

Meticulous administrative services

I have the 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

A trustee can be personally liable for mistakes or omissions that result in losses for the trust. I offer sound advice to trustees to ensure accurate and complete compliance with all aspects of trust administration. If you have been named a trustee, I strongly recommend that you retain professional assistance from a trustworthy source.

Estate administration

I can guide you through all aspects of probate and estate administration, including:

  • Filing the will with the New York 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

I assist executors with the arduous process of collecting, managing, valuing, protecting and liquidating the assets of the estate. When appropriate, I call upon accountants, financial advisors, real estate agents, property managers and other professionals to assist with executor duties. I can access expert opinions about unique assets such as antiques, rare books, automobiles and other collectibles for accurate valuation, management and possible sale.

Contact a thorough estate and trust administration lawyer

Fryer & Ross LLP serves clients in New York and throughout New York. Call 917-410-3428 or contact me online to schedule a consultation.

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Our Office
  • New York Office
    551 Fifth Avenue
    RM 422
    New York, New York 10176
    Phone: 212-286-0099
    Fax: 212-286-0495