probate accounting Archives - O&S CPAs & Business Advisors

FIDUCIARY ACCOUNTING RECORD MUST HAVES

When requested to prepare fiduciary accountings, I would first ask the following basic questions: What will the fiduciary accountings be used for? Are they going to be filed in court? What is the time period of account? The answer to questions 1 and 2, would determine the level of detail required of the accountings. There [...]

WHAT IS THE PURPOSE OF FIDUCIARY ACCOUNTINGS AND WHY IS ONE NEEDED?

A fiduciary is an individual in whom another has placed the utmost trust and confidence to manage and protect their property and/or money. The relationship is where one person has an obligation to act for another's benefit and a way for the fiduciary to report the activities of the property they are managing is through [...]

By Natalie Keam|2024-02-19T22:56:08-08:00June 11th, 2018|General Tax And Accounting Information, fiduciary accounting, probate accounting|0 Comments