Once an estate plan is created, it needs to be implemented.  At Momkus LLP, our trust and estate administration attorneys can help you and your loved ones carry out an estate plan when the time arises.​

Guidance Through the Complex Web of Administration
Being named as an executor, administrator or a trustee comes with many responsibilities.  Your job includes to collect the assets, pay outstanding debts, settle any claims, invest the assets prudently, file necessary tax returns and adhere to the terms of the will, trust agreement and state law.  We at Momkus LLP will counsel you through the various aspects of the administration process.

Trust and Estate Administration Services We Provide Include:
  • Probate Administration:  We will guide an executor or administrator through a probate proceeding, including preparation of all court forms, appearing in court on behalf of the executor or administrator, arranging for any required publication, and interfacing and settling any outstanding claims. We ensure that your estate is administered and distributed according to your final wishes.
  • Trust Administration:  Implementing a trust can sometimes be confusing and complex.  The trustee is required to send out notices and accountings, invest the trust’s assets appropriately, make distributions in accordance with the terms of the trust, pay expenses and outstanding claims, file tax returns, etc.  Our team will help you navigate through all of these challenges. 
  • Trust Modification:  Sometimes an irrevocable trust needs to be “updated” to comply with current law, clarify an ambiguity, and/or changes in circumstances. We can utilize and prepare various trust modification tools to update irrevocable trusts as needed, including:  nonjudicial settlement agreements, decanting, and court-approved trust construction and/or reformation.
  • Guardianships: Disable adults who are no longer able to make decisions regarding their health or finances may require a court-appointed guardian to provide for their care and manage the estate. Similarly, minor children require additional legal effort to make sure they are taken care of in the event of a worst-case scenario. 
  • Trust and Estate Litigation: Issues involving estates and trusts can become quite contentious when one (or more) of the beneficiaries believes they are being treated unfairly. When trust and estate disputes arise, it is important to have experienced legal counsel in your corner to guide you toward a positive resolution.  
1001 Warrenville Road, Suite 500                                                       235 Montgomery Street, Suite 704
Lisle, IL 60532                                                                                         San Francisco, CA 94104
Phone: (630) 434-0400                                                                         Phone: (415) 496-4866
Fax: (630) 434-0444

Privacy Policy
Disclaimer
© 2021 Momkus LLP
​Designed by Buddingh & Associates​​