Wills & Trusts Administration

Our firm has several ways you can help with wills and trusts administration. Here are some key areas where our firm can provide assistance:

1. Estate Planning: Help clients develop comprehensive estate plans that include wills and trusts. This involves understanding their goals, assets, and beneficiaries, and creating legal documents that reflect their wishes. You can offer guidance on the different types of trusts available, such as revocable living trusts, irrevocable trusts, and special needs trusts, depending on the client’s needs.
2. Drafting and Reviewing Documents: Prepare wills, trust agreements, powers of attorney, and other relevant legal documents necessary for estate planning and administration. Ensure that these documents are accurately drafted, clearly express the client’s intentions, and comply with applicable laws and regulations.
3. Estate Administration: Assist with the administration of estates and trusts after the individual has passed away. This includes guiding the executor or trustee through the process, explaining their fiduciary duties, and ensuring compliance with legal requirements. Tasks may include asset valuation, debt settlement, distribution of assets to beneficiaries, and filing necessary tax returns.
4. Trustee Services: Act as a trustee on behalf of clients who wish to establish trusts but prefer a professional to manage the administration. This involves managing trust assets, making distributions according to the trust’s terms, and fulfilling fiduciary responsibilities in the best interests of the beneficiaries.
5. Probate Assistance: Provide guidance on navigating the probate process, which is required for the settlement of certain estates. Help clients with filing necessary court documents, gathering and valuing assets, addressing creditor claims, and facilitating the distribution of assets to heirs.
6. Estate and Trust Litigation: Offer representation in case of disputes related to wills, trusts, or the administration of estates. This may involve resolving conflicts among beneficiaries, challenging the validity of a will, defending the interests of beneficiaries, or representing fiduciaries in legal proceedings.
7. Tax Planning: Advise clients on tax-efficient strategies to minimize estate taxes, gift taxes, and other applicable taxes. This can involve structuring trusts to take advantage of tax benefits, ensuring proper gifting strategies, and providing guidance on estate tax planning.