Publications: Estate and Trust Administration

Estate and Trust Administration Articles

What it Means to be a Trustee – A Guide for Clients
A trustee stands in a special relationship of fiduciary responsibility to the grantor of the trust and to the beneficiaries. In carrying out his or her fiduciary duties, the trustee must be mindful of that unique relationship. MORE »

A Guide to the Administration of Decedent’s Estates
This manual is intended to assist persons who are involved in the administration of a decedent’s estate in Virginia. It is particularly directed to those persons who desire to know in a general way what is involved before agreeing to serve as a personal representative of a decedent’s estate and to those persons for whom the time has come to assume the responsibilities of administering an estate who need additional information. MORE »

What is Probate?
Probate is the process by which a deceased person’s property, known as the “estate,” is passed to his or her heirs and legatees (people named in the will). In Virginia, the entire process is supervised by the Circuit Court and usually takes about a year, however, substantial distributions from the estate can be made in the interim. MORE »

Trust and Estate Administration Acts

Some Problems With Dying Intestates
There is no one will or set of will forms that is appropriate for everyone. An experienced elder law attorney can craft a will that disposes of your estate as you see fit. This will minimize the expense and time involved in estate administration and the potential for disagreements among your family. MORE »

Duties Of An Executor
In the absence of a Will, known as an intestate estate, an administrator is appointed, however, regardless of title, the personal representative of the estate is legally responsible to ensure that all necessary steps are taken to comply with the laws regarding creditors, taxation, and distribution of assets to beneficiaries. MORE »

Types Of Trusts
Depending on your situation, there can be several advantages to establishing a trust. Most well known is the advantage of avoiding probate. MORE »

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Estate and Long-Term Care Planning – Suffolk – Nov. 13

2019-11-13 at 10:00am
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2019-11-07 at 10:00am
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