Virginia Trusts & Estates Lawyers
Helping Individuals Prevent, Administer, and Resolve Estate Issues due to Death or Incapacity
As people acquire and maintain assets during their lifetimes, including investment accounts, real property, and business interests, planning for someone’s death or incapacity is an issue often overlooked and which may result in very serious consequences.
Whether it is planning for you, your family, or your business, Carroll & Nuttall, PLLC offers years of experience in identifying potential issues and developing comprehensive solutions to resolve problems before they happen.
The most effective way to prevent estate issues is to develop and execute an estate plan for yourself individually and/or for your business.
The foundational individual estate planning include:
- Last Will and Testament – only effective at death, this document mainly (1) appoints an agent, called an “Executor,” to administer your estate after death, and (2) directs the Executor in his or her administration, including distribution of assets to specific beneficiaries.
- Durable General Power of Attorney – only effective during lifetime, this document mainly appoints an agent to assist and make financial decisions concerning the person executing the document.
- Advance Medical Directive – only effective during lifetime, this document mainly (1) appoints an agent to assist and make health care decisions concerning the person executing the document, and (2) instructs those in charge of the person’s care to take certain actions in specific circumstances, including end-of-life instructions.
- Revocable Living Trust – effective both during and after the person’s lifetime, this document appoints a person, called a “Trustee,” to privately administer trust assets during and after someone’s death.
Each person’s situation varies in scope and objectives, which is why an experienced attorney is most effective in analyzing the issues and making recommendations as to which documents to utilize and the contents therein.
Trust and Estate Administration
When the creator of an estate plan dies or becomes incapacitated, another person, called a “fiduciary,” is often appointed to administer the trust or estate. In many cases, the person appointed is not a professional in this field, which is when contacting an experienced estates attorney and other professionals is essential for administrating an estate or trust.
We have experience in assisting fiduciaries in the administration of estates and trusts throughout the state of Virginia, including:
- Fairfax County
- Prince William County
- Loudoun County
- Stafford County
- Spotsylvania County
- Albemarle County
- City of Alexandria
- City of Arlington
- City of Virginia Beach
- City of Chesapeake
If you have recently been appointed as an executor, trustee, or agent, or are in the process of being appointed, it is often wise to reach out to an estate attorney to give you an honest assessment of the situation and what it will take to effectively perform your fiduciary duties.
Trust and Estate Dispute Resolution and Litigation
Since emotions often run high with a death of a loved one, disputes concerning the recently departed’s estate documents can often emerge that cannot be resolved right away. If you suspect that something is off about the way an individual’s estate plan was changed and you are not getting the answers you are looking for, it is recommended that you consult with an estate attorney immediately who has experience dealing with, fighting for, and ultimately resolving these issues both inside and outside the courtroom.
Call Carroll & Nuttall, PLLC Today
Our attorneys at Carroll & Nuttall, PLLC are ready to protect your hard-earned assets and interests, whether by drafting an estate plan, assisting you in the performance of your duties, or resolving disputes arising from questionable documents. Contact us to schedule a consultation with our experienced team.