Consulting
William J. Fries Accountancy Corporation will consult with individual trustees or conservators to set up appropriate and complete financial records.
We assist with:
- Guiding trustees / conservators on the proper allocation of trust expenses
- Maintaining proper financial records
- Gathering and sorting of financial information to prepare court accountings
Accountings are generally recommended for the following:
- A Conservatorship or Probate Estate
- A Trust or Estate which has significant assets
- A Trust or Estate which is complex, maintains business operations or unusual expenses or payments
- A Trust or Estate with pending legal action or mediation
- A Trustee who wants to reduce the trustee's liability exposure
- Upon the request of a trust or estate beneficiary
- Upon the termination or change in Trustee or Executor
- When there is potential dispute among beneficiaries
