Being appointed as the executor of a trust or estate comes with weighty fiduciary responsibilities. This role requires specialized fiduciary accounting to track incoming and outgoing transactions as well as reporting for beneficiaries. The assistance of a CPA or accountant that is experienced in fiduciary accounting and estate tax planning is essential. We are a specialized accounting firm, partnering with individual trustees, attorneys, private professional fiduciaries, and financial institutions to document the activities of a Trust, Estate, or Conservatorship.
Our firm has built a strong reputation in California as an extremely knowledgeable and reliable team. We focus on helping our clients present a quality accounting, reflective of responsible administration, while significantly reducing the time and effort to produce the accounting.
We understand the value of accurate and timely reporting. Our process transforms numerous individual transactions into a simple, straightforward report – providing our clients with actionable information to meet their fiduciary accounting needs.
Fiduciary accounting services include:
- Prepare fiduciary accountings for estates, trusts, and conservatorships
- Tax planning for estates, trusts, and beneficiaries
- Allocate assets and transactions for beneficiaries and prepare schedules
- Record and classify receipts and disbursements for tax and accounting purposes
- Allocate transactions between principal and income
- Ensure guidelines outlined in governing document are being met
- Calculate distribution amounts to beneficiaries