RECEIVERSHIPS & TRUSTS
As a result of disputing partners, potential insolvency, government seizure, or creditor default, receivers can be appointed by state and federal courts to act as a fiduciary and are granted custodial responsibility over the property and assets of the entities or individuals involved.
GT has extensive expertise as receivers and working with receivers in the following areas:
- Tax preparation, compliance, and controversy
- Forensic accounting
- Litigation support
- Wind-down of operations
- Liquidation and asset monetization
- Expert witness testimony
GT’s professionals regularly take on the roles of receiver, provisional director, partition referee, financial advisor to the receiver, or financial advisor to an outside party related to the receivership.
GT has been employed as the liquidating trustee, estate trustee, disbursing agent and financial advisors to trustees. In addition, GT has extensive experience preparing liquidating trust tax returns and all related filings.
GT offers its receivership and trust clients guidance on:
- Tax implications
- Trust formation
- Financial accounting support
- Distribution calculations