Virginia Beach Probate & Estate Administration Attorneys
When Will Power is Not Enough
If you have an estate plan that includes a will or a trust, then you need to appoint a person you trust to manage your affairs after you pass away. The person you choose for the will is called the executor, while the person you select for a trust is called a trustee. Both have a legal responsibility to administer your estate following both the terms of your legal document and the laws of the state. Although administration can differ between a will and a trust, both generally involve:
- Paying Off the Decedent’s Final Bills
- Preparing Accountings
- Filing Tax Returns
- Distributing Assets to the Decedent’s Beneficiaries
Even when an estate doesn't need to go through probate, handling a loved one's estate or trust can be a daunting task. That is why you should consult with a skilled attorney at TrustBuilders Law Group to review all of the fiduciary duties executors and trustees are responsible for, as well as breaches of duty that can lead to personal liability, family disharmony, or even civil and criminal penalties.
Estate Administration & Probate Services at our Firm
We offer the following probate and estate administration services to clients throughout Virginia Beach:
- Preparing State & Federal Fiduciary Tax Returns
- Preparing & Filing Fiduciary Income Tax Returns
- Maintaining Records & Reporting to Beneficiaries
- Collection of Debts Owed to the Estate
- Filing Accountings with the Commissioner of Accounts
- Appraising and Valuing Estate Assets
- Paying a Decedent’s Final Debts & Expenses
- Probate of the Last Will & Testament
- Qualifying as Executor or Administrator
- Preparing & Filing Trust Accountings
- Fund Family, Marital, & GST Trusts
- Distributing Trust Assets to Named Beneficiaries
- Preparing & Filing Federal Estate & Gift Tax Returns
When clients choose TrustBuilders Law Group, they get a team of dedicated and reliable legal professionals that they can count on to represent their best interests. We take great pride in our ability to combine a holistic, client-centered approach with the latest in drafting and analytics to generate a comprehensive planning experience. Our needs-based philosophy combined with our proven six-step planning process ensures that our clients receive the tailored legal solutions they need to feel confident about the future.
A Family Name That You Can Trust
The Buxton Family has been serving greater Hampton Roads in law or medicine for over 100 years. We are a 5th generation family committed to supporting the local community. Let our family legacy help build your family legacy.
A Price You Can Afford
TrustBuilders Law Group takes pride in offering modern estate planning at affordable prices. Our plans are prepared at a competitive, value-based flat-fee so you will never have to worry about hourly rates surprise bills.
A Staff With Experience and Credentials
TrustBuilders Law Group has one of the most experienced legal teams in the area. In addition to over 100 years of combined experience, we are the only firm in Hampton Roads with both a Master of Laws in estate planning and Certified Elder Law Attorney on staff.
A Plan With Your Goals in Mind
TrustBuilders Law Group specializes in creating custom estate plans that focus on your wealth preservations goals. Unlike many boilerplates seen in the marketplace, our documents are state specific, tailored to your needs and contain cutting-edge solutions.