Lexington Trust Administration Attorney
Once a trust has been created there is a requirement that the trust be funded, that legally the trust needs to contain property or assets to be a valid trust. A trust is different from a will, in that a trust is effective when it is signed but a will does not go into effect until the death of the testator. The trustee of a trust has the duty to effectively manage the property in the trust and comply with any requirements related to tax reporting.
We provide full service legal advice to trustees to help them effectively carry out the fiduciary duties and legal obligations that are inherent in their appointment as trustees. Our services include the full range of estate planning through trust litigation. A strong focus of our practice is the administration of trusts. The formation of a trust is a valuable way to avoid probate and minimize the taxes owed.
A great advantage of trusts is the tremendous flexibility they offer as an estate planning device. Your unique circumstances and family situation determine what trust options are most advantageous for you.
Belmont Asset Distribution Attorney
It is important to consult with an attorney who has the expertise in estate planning, durable powers of attorney, and wills and trusts administration to outline the numerous options available to you. You need an attorney who will not recommend a course of action until you clearly understand all of your options and their future consequences.
Joel Bernstein will employ a unique format for your consultation where he will diagram your options in a clear and easily understood format. Joel has the compassion and desire to help dependent spouses and trustees, and executors who are overwhelmed or unclear on their responsibilities to understand their options and responsibilities, and how to comply with the law to prevent problems in the future.
Contact Our Firm
If you have questions regarding estate planning and post-death administration of trusts and wills call lawyer Joel Bernstein in Lexington, Massachusetts, at 781-325-1921, toll free at 888-811-7692 or fill out the online form on this website for a free, initial phone consultation. We will review your case and your options with their respective benefits and drawbacks, and any alternatives to the legal process that you may have. We look forward to assisting you and will provide the individual attention and personalized service that you deserve.
