Trust Administration 

Services

Prepare IRS Form 8282 for contributions

• Prepare annual IRS Schedule K-1(s) for reporting to the income beneficiaries
• Prepare annual IRS Form 1041-A and supplemental schedules
• Prepare annual IRS Form 5227 and supplemental schedules
• Report all transactions the trust completed for any year of the trust
• Prepare summary report of trust activity including receipts (by character of income), disbursements attributable to the trust amounts, expenses, capital losses, and the unrealized appreciation/depreciation in the market value of assets
• Prepare trust valuation report
• Review transactions to determine if any improper or jeopardizing investments or taxable expenditures are being made.
• CRT four-tier accounting rules. Determine allocation of trust earnings to principal income
• Ascertain tax character of each transaction
• Request and coordinate the receipt of distribution amounts (from the trust's asset managers) to be paid to trust income beneficiaries
• Monitor cash position of trust for pay out purposes
• Transmit trust distributions to income beneficiaries
• Secure all accounting records pertaining to the trust
• Charitable Trusts
• Living Trusts

If you have any questions, or would like to find out more information about what we can do for you, please call us at (407)339-9090 or send us an e-mail. Alternatively, you may locate a financial advisor in your area. The first meeting is free.