Once a trust is funded, it must be managed and administered in accordance with the terms of the trust instrument.  Accountings must be prepared and distributed to the appropriate beneficiaries.  Tax returns must be filed, with K-1s being distributed to the beneficiaries.  Often competing interests must be managed to follow the intent of the trust’s creator.  Sometimes the timing and manner of distributions to beneficiaries can have positive or adverse consequences.  Avoiding unintended consequences can be critical.  The firm advises and provides legal counsel to trustees and beneficiaries of all types of trusts.