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What the Account Has to Contain

  • Trust property at beginning of the period.
  • Receipts, including sales of trust property.
  • Disbursements, income and principal shown separately.
  • Trustee compensation, source and amount.
  • Distributions to beneficiaries.
  • Trust property at end of the period, listing with market values.
  • Liabilities.
  • Reconciliation.

Sample Trustee Accounting

Figures are fictitious and illustrative. This is a sample of the deliverable, not legal advice.

IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR

[COUNTY] COUNTY

In the Matter of The Sample Family Revocable Trust dated March 15, 2011

TRUSTEE'S ANNUAL REPORT AND ACCOUNTING

Accounting Period: January 1, 2025 through December 31, 2025

Format: ORS 130.710(3) (Uniform Trust Code §813 duty to inform and report: report of trust property, liabilities, receipts and disbursements, including the source and amount of the trustee's compensation, and a listing of trust assets with market values if feasible). Where a court has ordered an accounting, additional detail tracks the order. Amounts are illustrative sample data.

I. TRUST PROPERTY: Beginning of Period

Description of AssetCarry ValueMarket Value 01/01/2025
Checking – First Sample Bank (…4417)$48,250.00$48,250.00
Brokerage – Sample Securities (…8821)$312,400.00$341,900.00
Residence – 123 Sample Lane, Anytown$650,000.00$715,000.00
Total$1,010,650.00$1,105,150.00

II. RECEIPTS

DateSourceNature / PurposeAmount
01/01/2025Tenant – 123 Sample LnRent – January$2,000.00
01/15/2025Sample SecuritiesDividends – Q4 2024 (various)$2,460.00
02/01/2025Tenant – 123 Sample LnRent – February$2,000.00
03/01/2025Tenant – 123 Sample LnRent – March$2,000.00
04/01/2025Tenant – 123 Sample LnRent – April$2,000.00
04/15/2025Sample SecuritiesDividends – Q1 2025 (various)$2,460.00
05/01/2025Tenant – 123 Sample LnRent – May$2,000.00
06/01/2025Tenant – 123 Sample LnRent – June$2,000.00
06/30/2025First Sample BankInterest – Jan–Jun$607.75
07/01/2025Tenant – 123 Sample LnRent – July$2,000.00
07/15/2025Sample SecuritiesDividends – Q2 2025 (various)$2,460.00
08/01/2025Tenant – 123 Sample LnRent – August$2,000.00
09/01/2025Tenant – 123 Sample LnRent – September$2,000.00
10/01/2025Tenant – 123 Sample LnRent – October$2,000.00
10/15/2025Sample SecuritiesDividends – Q3 2025 (various)$2,460.00
11/01/2025Tenant – 123 Sample LnRent – November$2,000.00
12/01/2025Tenant – 123 Sample LnRent – December$2,000.00
12/31/2025First Sample BankInterest – Jul–Dec$607.75
Total Receipts$35,055.50

II-A. SALES OF TRUST PROPERTY

DateAsset SoldCarry ValueProceedsGain / (Loss)
09/12/2025200 sh XYZ Corp$8,400.00$9,650.00$1,250.00
Net Gain on Sale$1,250.00

III. DISBURSEMENTS

DatePayeeNature / PurposeAmount
INCOME DISBURSEMENTS
03/10/2025Anytown Property MgmtRepairs – roof leak, 123 Sample Ln$3,675.00
04/15/2025Franchise Tax / IRSFiduciary income tax – 2024$1,950.00
06/30/2025Jane Q. SampleTrustee compensation – 1st half (per trust §7.2)$3,000.00
12/31/2025Jane Q. SampleTrustee compensation – 2nd half (per trust §7.2)$3,000.00
Subtotal – Income$11,625.00
PRINCIPAL DISBURSEMENTS
04/10/2025Anytown County Tax CollectorProperty tax – 1st installment$3,910.00
05/20/2025Sample Mutual InsuranceHomeowner's insurance – annual$2,140.00
08/05/2025Doe & Roe LLPAttorney fees – trust administration$4,500.00
11/15/2025Autonomi BooksAccounting & bookkeeping services$2,800.00
12/10/2025Anytown County Tax CollectorProperty tax – 2nd installment$3,910.00
Subtotal – Principal$17,260.00
Total Disbursements$28,885.00

IV. TRUSTEE COMPENSATION: Source and Amount

DatePaid ToBasis / SourceAmount
06/30/2025Jane Q. SampleTrustee compensation – 1st half (per trust §7.2): charged to income$3,000.00
12/31/2025Jane Q. SampleTrustee compensation – 2nd half (per trust §7.2): charged to income$3,000.00
Total Trustee Compensation$6,000.00

V. DISTRIBUTIONS TO BENEFICIARIES

DateBeneficiaryDescriptionAmount (at carry value)
06/30/2025Beneficiary A (Sample, Robert)Discretionary distribution – cash$15,000.00
06/30/2025Beneficiary B (Sample, Maria)Discretionary distribution – cash$15,000.00
Total Distributions$30,000.00

VI. TRUST PROPERTY: End of Period (listing with market values)

Description of AssetCarry ValueMarket Value 12/31/2025
Checking – First Sample Bank (…4417)$34,070.50$34,070.50
Brokerage – Sample Securities (…8821)$304,000.00$338,750.00
Residence – 123 Sample Lane, Anytown$650,000.00$728,000.00
Total$988,070.50$1,100,820.50

VII. LIABILITIES

CreditorDescriptionAmount
Anytown County Tax CollectorProperty tax accrued (due 04/2026)$3,910.00

VIII. RECONCILIATION

Amount
Beginning trust property (carry)$1,010,650.00
Add: receipts$35,055.50
Add: gain on sale$1,250.00
Less: disbursements($28,885.00)
Less: distributions($30,000.00)
Ending trust property (carry)$988,070.50

Verification

I, Jane Q. Sample, declare under penalty of perjury that I am the Trustee of The Sample Family Revocable Trust dated March 15, 2011; that I have read the foregoing account and the schedules attached; and that the same is true and correct to the best of my knowledge.

Dated: ____________________ ______________________________________

Jane Q. Sample, Successor Trustee

Reviewed and signed off by Jade Wang, CPA.

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