In addition to preparing federal tax returns related to estates and trusts (see the IRS/ Tax Matters page under “Services”), the firm prepares formal accountings under the Florida Uniform Fiduciary Income and Principal Act (until 2024, the Florida Uniform Principal and Income Act). Many times the firm is engaged by other estate attorneys to serve the accounting function in their estate and trust administration engagements. The firm is also frequently engaged by non-fiduciary beneficiaries to determine whether formal accountings and accounting records have been correctly prepared. Good accounting records can be the key to avoiding expensive litigation. Good accounting knowledge can be the key to determining whether a beneficiary has received the correct amount of money and assets.