The Law Office of
David G. Brisendine, III
While no one wants to think about what happens to their property after they die, estate planning can be essential. While there are many websites out there that claim they can help you do your will alone, the fact is, getting well-rounded legal advice when you are coming up with an estate plan is the best way to make sure that your estate is divided up how you would like. With an attorney on your side, you can be more secure in the fact that issues such as estate taxes, creditors or possible will disputes can be dealt with, all as part of your estate plan.
Don't put your loved ones in the position where they will possibly have to deal with litigation over your estate. Deal with issues before they ever have to come up at probate by hiring one of our estate lawyers. You spent a lifetime earning your estate, don't let a bad estate plan ruin it for those you will be leaving behind. Contact our estate attorneys to schedule a time to make your estate plan.
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Trusts can be difficult for many to understand, yet it is one of the most valuable ways you can pass on wealth to your loved ones. A basic definition of a trust is that an owner of wealth, puts some or all of their assets in the hands of a third party, called a trustee, to be dispersed to beneficiaries according to the wishes of the person who funded the trust. Trusts have the advantage of going outside of an estate that has to go through probate, meaning that the beneficiaries can get their inheritance sooner. It also could lower estate taxes on an estate.
Trust planning is ultimately part of a total estate plan that you should speak to an estate lawyer about. Trust planning can be difficult and complex, meaning that having skilled and experienced estate lawyers on your side can be an investment in the future of your loved ones. Call and set up a time to discuss your trust planning today.
An executor is a person who takes on settling an estate by gathering up estate assets and dividing them up between creditors and beneficiaries. Executors have a lot of responsibility because they have to be sure that everything is paid in the right order and that no one is left out when it comes to settling or closing an estate.
Executors have to be sure that any creditors of the estate are paid first, including state and federal governments when it comes to estate taxes. After the creditors are paid, those named in the will would be given their inheritance. Executors also have the responsibility of defending the estate against any claims made such as challenges to the will.
When someone is named executor, the wisest course of action is to hire a probate attorney to assist in settling the estate. If you have been named executor, you are not required to use the same counsel who wrote the will. Call and see what we can do for you today.
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