Asbestos Trust Accounting & Tax Service
Morrison & Morrison, Ltd. has developed particular expertise in the representation of asbestos qualified settlement trusts created out of the bankruptcy process. The firm currently represents nine asbestos trusts with original assets that ranged from $2 million to in excess of $1 billion.
We provide a variety of administrative, accounting, financial statement preparation and tax services.
Our tax services include representation before various governmental agencies including the Internal Revenue Service.
Our firm personnel work closely with many key figures at the center of the asbestos trust environment, including Trustees, Trust general counsel, auditors, investment advisors, the claims processor and the claims forecaster.