Areas of Practice

Trusts & Trust Administration

Trusts, whether revocable or irrevocable, simple or complex, should be considered in your estate plan. Our practice group is knowledgeable and can guide you in determining whether a trust is right for you. If you have young children; you are widowed; yours is a second marriage; you face current or anticipate future spending, incapacity or disability concerns with a family member; you have business succession concerns; you have charitable intent now or later; you wish to preserve assets for grandchildren or future generations; or you have concerns with estate taxes or probate court involvement, we can help.

Our trained professionals can walk you through your options and opportunities. When the right plan has been determined, we assist with appropriate coordination of funding of your trust and other asset beneficial interests to reduce or eliminate involvement with the probate court process upon your passing. If, before your death, you no longer have the ability or wish to manage your trust, we work with the successor trustee to provide a seamless transition in following your intent.

Should any trustee have trust administration concerns or face litigation, we are qualified and ready to assist. Our team works with the firm’s Business Service and Litigation Group to insure comprehensive and thorough adherence to your plan’s wishes, including:

  • Simple to complex revocable and irrevocable trusts
  • Business succession planning
  • Incapacity, disability and elder planning
  • Trust administration and litigation
  • Private Settlement Agreements
  • Trust reformation, termination and distribution
  • Compliance with requirements of the new Ohio Trust Code
  • Trust taxation, returns and audits
  • Making tax-efficient gifts with grantor-retained annuity trusts and personal residence trusts
  • Providing liquidity with life insurance trusts

Have you scheduled a meeting with your estate planning atttorney but you are not sure what to bring with you? Please click here for a list of documents that will help us in preparing your will, trust and other estate planning documents.

Stark & Knoll Co., L.P.A. 3475 Ridgewood Road Akron, Ohio 44333-3163
Phone: 330-376-3300 Fax: 330-376-6237

Stark & Knoll LinkedIn Page Stark & Knoll Twitter Page Stark & Knoll Facebook Page

All Rights Reserved. © Stark & Knoll Co., LPA