Raleigh Probate & Trust Lawyer
McNeil Law Firm has guided families through trust and estate administration for two decades. We know the complexities of trust administration and ensure estates are managed and transferred properly.
We administer of trusts and estates of all sizes. Every estate requires diligent and thorough attention, no matter its value or complexity. We compassionately address the needs of surviving family members, executors and trustees. Be assured that we are careful to obtain the best results with regard to the management and disposition of trust and estate assets.
Our Raleigh probate & trust lawyers have experience serving as both executors and trustees, as well as counseling and supporting executors and trustees with their duties.
McNeil Law Firm’s Trust and Estate Administration practice sectors include:
Trust and Estate Administration
McNeil Law Firm has the depth and breadth of experience to provide assistance in all aspects of trust and estate administration, whether administering in accordance with the terms of a valid will or trust, or in accordance with state intestacy laws. Our lawyers are experienced and adept with estate administration, including representation of heirs, beneficiaries, trustees and executors.
Trustees or estate administrators often have to manage trust or estate property for the benefit of heirs and beneficiaries prior to the property’s distribution. Maximizing the return for the beneficiaries may involve making prudent investments or selling property. McNeil Law Firm has extensive commercial real estate transaction experience and has represented families across generations. We ensure that property is managed appropriately and can assist in any real estate matters related to trust and estate administration.
Many things must be accomplished before gifts and bequests in a will can be distributed to heirs. Marshalling the assets of the estate, taking possession of property, managing or selling the interests of the estate occur first; followed by inventory and information reports; an accounting; paying the estate’s debts and taxes owed; and settling valid claims against the estate. Bereft family members may need this time to grieve and heal. The attorneys at McNeil Law Firm provide professional assistance to guide the probate process to an efficient conclusion.
Fiduciaries are often named in the will to administer an estate. While this person may be a family member or trusted friend, they’re usually not an experienced professional familiar with the many tasks which must be performed. McNeil Law Firm’s probate and trust attorneys provide guidance and support to fiduciaries, so they can competently and conscientiously close the estate correctly and efficiently.
Raleigh Probate & Trust Lawyers Committed to You and Your Family
Losing a loved one is stressful. We simplify estate administration as much as possible.
No matter the size or complexity your estate, having a will prepared for your unique circumstances is very important to your family.
At McNeil Law Firm, we understand no two estate plans are the same. Our Raleigh wills & trusts lawyers get to know you and will draft a will that meets your specific objectives.
We will work with you to identify and avoid potential issues that can arise due to family conflicts and help you select executors who can competently fulfill their fiduciary duties.
A will may not be the only way to best provide for your loved ones. Depending upon the age and needs of your dependents, a trust may be a better way to fully provide for them. Trusts are particularly important when you:
- Have beneficiaries who are minors
- Have children or other dependents with special needs
- Want enhanced privacy and flexibility in the estate administration process
- Own real property or other assets that are to be used for a specific purpose such as funding an education
Advanced estate planning services can create a Family Limited Partnership (FLP) or any of a variety of other trust and transfer planning strategies.
McNeil Law Firm lawyers have extensive experience in the following:
- Outright Gift
- Charitable Trust
- Dynasty Trust
- Irrevocable Life Insurance Trust (ILIT)
- Grantor Retained Annuity Trust (GRAT)
- Qualified Personal Residence Trust (QPRT)
- Intentionally Defective Grantor Trust (IDGT)
Protect Your Lifetime of Achievements
No matter your age, health, financial situation, or marital status, expert legal advice benefits you and those you love. Let’s plan for your future. Our Raleigh wills & trusts lawyers will eliminate uncertainties about the management of your family’s assets and provide strategies for wealth preservation.