Carrying Out Your Plans and Wishes
Thorough estate planning includes more than a set of documents. It includes a plan for how your estate will be managed — who will play important roles in representing the interests of children or at-risk adults, who will be assigned to handle the financial accounting, etc.
Ensuring that your estate is administered efficiently can be a tremendous gift to your executor, heirs and beneficiaries. At Parker, Pollard, Wilton & Peaden, P.C., our attorneys regularly oversee the administration of estates by serving directly as executors, administrators and trustees.
In addition, we routinely represent executors, trustees or the family of deceased persons in connection with the administration of trusts and estates. There are many duties and responsibilities imposed on executors, administrators and trustees, including requirements to file accountings and tax returns, as well as obligations to collect and sell various assets of the estate. Failure to properly comply with such obligations can have serious repercussions, both for the estate and for the individual serving as a the personal representative. Many times, clients serving as personal representatives do not have the background to be able to handle such complicated matters easily. At Parker, Pollard, Wilton & Peaden, P.C., we have abundant experience and expertise in such areas, and we can help you faithfully perform your duties as a trustee, executor or administrator.
In addition to representing trustees, administrators and executors, we also represent beneficiaries of trusts and estates in the event of a dispute regarding the proper management and distribution of such trusts and estates. Our representation of beneficiaries helps to insure that the appointed fiduciary complies with the wishes of the testator or decedent, and helps to limit the chances that the personal representative (intentionally or unintentionally) will favor certain beneficiaries over others.
Comprehensive Services in Complex Situations
Parker, Pollard, Wilton & Peaden is a multidisciplinary law firm in Richmond that serves the often complex legal needs of individual and business clients throughout Virginia. Our broad knowledge base and extensive experience in matters of tax law, business succession, probate, real estate and family law enables us to provide comprehensive and sophisticated representation in trust and estate administration matters.
We invite you to call our offices at 804-262-3600 or contact us by e-mail to schedule an appointment for an informative initial consultation with a lawyer who can answer your questions regarding our trust and estate administration services.
Please click here for a copy of our "Estate Administration Data Form." It may be very helpful if you print and complete our Estate Administration Data Form prior to your appointment at Parker, Pollard, Wilton & Peaden. If you have any questions, please contact Emily at 804-261-7332.
