OUR SERVICES

Estate Administrative Services, LLC (EAS) provides trust and estate administration services. EAS offers expertise in navigating the complexities of the legal system and tax laws. We ensure that all appropriate fiduciary responsibilities are fulfilled, and assets are distributed in accordance with a decedent’s estate plan. EAS can serve as Trustee or Successor Trustee, managing a variety of trusts including Revocable Living Trusts (RLTs) and Marital and Family Trusts, whether continuing or terminating, Irrevocable Life Insurance Trusts (ILITs) and Special Needs Trusts (SNTs).  For the philanthropical-minded, we provide services for Split-interest Charitable Remainder Trusts (CRTs), and Pooled Income Funds and Private Foundations.  We have strong relationships with many estate planning attorneys and wealth management companies in Hawaii, and can also work with clients’ independent investment advisors. Services we provide include, but are not limited to:


Estate Administration

  • Work with experienced probate and trust attorneys to file court documents and administer probate
  • Identify, inventory, and value assets
  • Prepare accountings, including forensic services as needed
  • Notify creditors or other interested parties of estate proceedings
  • Arrange for payment of a decedent’s debts and outstanding obligations
  • Prepare federal and state estate and income tax returns
  • Complete transfer of decedent’s assets to beneficiaries

 

Conservatorships, Living Trusts, Special Needs Trusts

As Conservator or Trustee for a person that is living and is unable to manage his/her financial affairs:

  • Establish a budget and assist with long-term planning according to the client’s needs
  • Provide household management services, including coordinating caregivers and case workers
  • Collect income
  • Handle bill payment and account reconciliation
  • Maintain real property and/or rental property

 

Irrevocable Trusts

As Trustee, Successor Trustee or Agent for Trustee:

  • Prepare Trust Accounting for Principal and Income
  • Make required distributions timely
  • Oversee asset preservation and growth
  • Manage discretionary distributions according to priority of current, vested, and contingent beneficiaries

 

ILITs

  • Collect gifts to trust
  • Ensure regular premium payments are made
  • Send Crummey Letters to beneficiaries
  • Prepare trust income tax returns as needed

Charitable Trusts, Private Foundations, Pooled Income Funds

  • Prepare Annual Accounting
  • Calculate and monitor payment of Unitrust, Annuity, or 5% annual distribution requirements
  • Prepare tax reporting