Trust and Estate Administration Services

When a person passes away, his or her estate must be administered, including locating his/her assets, paying taxes owed, inventory and appraisal, filing the will, and often providing accounting to estate beneficiaries. The process of managing a decedent’s estate is known as estate administration. This is a process people find themselves in unexpectedly, following the death of a loved one. Estate administration can be a complicated process, especially when it involves asset location and complex procedures. Everything from ensuring the necessary estate taxes are filed to taking an inventory of the property to distributing the remaining assets can be extremely overwhelming. Even worse, this process comes at a time when people are emotionally drained due to the loss of a loved one. With all the complexities associated with trust and estate administration, it’s a good idea to work with an experienced personal family lawyer to minimize conflict and ensure the deceased’s assets get to the right beneficiaries in the smoothest way possible. At Leydorf Law Firm, PLLC, our personal family lawyers can provide legal counsel regarding estate administration and help you in resolving issues to do with trust assets, debts, and disputes. Our Lansing, Michigan personal family lawyers have decades of hands-on experience guiding trust and estate administrators through probate litigation and other necessary processes.

If the deceased created a trust to hold their assets, the named trustee must ensure the trust’s terms are adhered to. The trustee has many responsibilities, and they must follow the law and the trust agreement when making decisions. At Leydorf Law Firm, PLLC, we are ready to make the process of trust administration as seamless and painless as possible. If the deceased left behind a will and no other estate planning documents, probate will be required. Probate is simply a court process where the validity of a will is determined. Probate is a complicated legal process that requires executors of the estate or the next of kin to prepare forms, submit filings in court, meet deadlines, and notify heirs, creditors, and any involved parties. Serving as an executor of an estate entails a massive level of responsibility, especially when you don’t have a legal background and experience. Our trust administration lawyers at Leydorf Law Firm, PLLC, will work with the trustee to ensure proper trust administration. As knowledgeable and experienced probate practitioners in Lansing, Michigan, we understand probate procedures inside out. Our trust administration attorneys appear before the probate court regularly, assisting executors in all aspects of probate law.

Some of the benefits of hiring Lansing, Michigan trust administration lawyers at Leydorf Law Firm, PLLC include:

Save Time

The probate process will be completed more quickly with our Lansing, Michigan trust administration attorneys. The process can take years if handled by an executor without legal background or experience. Having to learn state laws regarding trust and estate administration and at the same time, submit court documents may be an overwhelming task.

Minimize Stress

The net effect of completing the court process and other procedures associated with trust and estate administration on time is reducing the amount of time the trustee or executor dedicate to the case. A trust administration attorney will ensure the process is handled professionally to avoid disputes and minimize the stress associated with court processes. Potential for disputes are significantly diminished if trust and estate administration is handled efficiently by an experienced Lansing, Michigan personal family lawyer.

Our Lansing, Michigan trust administration lawyers will have appraisals completed for estate tax purposes. Hiring a personal family lawyer at Leydorf Law Firm, PLLC places a professional legal expert between a trustee or executor and the beneficiaries allowing for a smooth transition of assets to the right heirs. If you are a trustee, an executor, or beneficiary of an estate, contact Leydorf Law Firm, PLLC for guidance and legal advice in handling the transition of your loved ones’ assets.

When you hire our professional personal family lawyer, you can rest assured that the trust and estate administration process will be handled with utmost efficiency. Our Lansing, Michigan trust administration attorneys will work closely with all the interested parties to ensure the decedent?s assets are collected, the necessary estate taxes are filed, and every beneficiary gets their rightful share of the estate. If the deceased held his or her assets in a trust and the named beneficiaries are 18 years or older, the assets may be distributed outright to the beneficiaries. But if the beneficiaries are minors, the assets may be held in trust to support the needs of the children until they are 18 years. If the deceased did not create a trust, the court might appoint a person to manage the estate until the heir reaches 18 years. Handling these processes without a legal background or experience can be an insurmountable task, not to mention the costly mistakes you can make. A personal family lawyer will help you navigate these processes by providing legal counsel to avoid disputes or personal liability for trustees and executors.

Leydorf Law Firm, PLLC provides a wide range of professional trust and estate administration services in Lansing, Michigan. No matter the size of the deceased’s estate, our Lansing, Michigan trust administration lawyers will identify and determine the value of assets. With decades of experience in guiding clients through estate and trust administration, no task is too complicated for our attorneys. When you hire us, we will ensure estate taxes and debts are paid, often provide accounting to estate or trust beneficiaries. Most trustees and executors may not know how to handle jointly held assets, retirement benefits, life insurance, and other assets that pass outside a will or trust. Our personal family lawyers will guide clients on how such assets should be handled. We will also help in the preparation of the necessary tax returns. At Leydorf Law Firm, PLLC, our goal is to make the process of transferring assets stress-free, help our clients to avoid costly court proceedings, and ensure our clients have peace of mind. No matter how complicated your situation seems, our trust and estate administration lawyers at Leydorf Law Firm, PLLC will guide you from the beginning to the end, making the process as understandable and stress-free as possible.

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