Advanced Topics on Probate Accountings

The impact of the COVID-19 pandemic on the firm’s clients and work.

What questions should an attorney ask before hiring someone to prepare a client’s fiduciary accounting? What are the indicia of a poorly prepared accounting? Are waivers of account ever a good idea? Should the trust document routinely waive accountings?  Ever? Is there anything a trustee’s attorney can do to shorten the statute of limitations on breaches of trust disclosed in an accounting?

Trustees should anticipate that beneficiaries’ inquiries and demands will intensify.