Northern Virginia Trust Administration Lawyers
Northern Virginia Attorneys
Many people use trusts as a means of passing along a legacy and caring for their family’s financial welfare after they have passed away. Trusts can be created during a person’s life or by their last will and testament. Sometimes, people might want to even create a pet trust. In either case, being named a trustee is both an honor and a serious responsibility. Trust administration may involve complex duties and confusing legal and reporting requirements. The proper administration of a trust is vital in order to avoid running afoul of a trustee’s fiduciary duties to the trust beneficiaries.
Are you searching for an experienced trust administration attorney to help you with trust administration in northern Virginia? HALE BALL MURPHY, PLC Carlson Baumgartner Murphy, PLC offers knowledgeable legal guidance and caring support to individuals in Northern Virginia and suburban Maryland in the administration of trusts.
Our trust administration lawyers take a comprehensive, fact-based approach to trust administration advice, including:
- Helping trustees understand what they can and cannot do
- Advising trustees regarding the obligation to report to beneficiaries
- Assisting trustees in dealing with troublesome beneficiaries
- Minimizing exposure to liability by ensuring that tax filings are done right the first time
- Educating clients in proper record keeping and reporting procedures
Few people can be expected to understand the full implications of trust administration duties without the help of an experienced lawyer who can help you translate the terms of the trust into concrete actions and duties. Our attorneys can handle traditional trusts like spendthrift trusts, as well as other trusts like resulting and constructive trusts. Make sure your affairs are not left unattended, and contact an attorney today.
DISPUTES OVER A TRUSTEE’S PERFORMANCE
Disagreements can arise over the management of a trust by the trustee. A trustee may not share information with the beneficiaries or may not be making distributions in accordance with the terms of the trusts. Circumstances can change and the original purpose of the trust may no longer be met; these are legal issues that may require court intervention.
Contact us today for the legal support you need to effectively handle your duties as a trustee.
Since 1980 the AV-rated law firm of HALE BALL MURPHY, PLC has served the legal needs of individuals and businesses. Our team of attorneys include lawyers named to Super Lawyer and Rising Star lists, as well as attorneys with advanced legal degrees, specialty certifications and lawyers who teach their areas of practice to other lawyers.
Use the contact form on this page to schedule a consultation, or call 703-591-4900.
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