Estate & Trust Administration
Protect Your Legacy with an Estate and Trusts Lawyer in Ashburn, VA
- Prepare a letter of instruction. This document should list all accounts, whether cash, brokerage accounts, business interests, retirement accounts, or life insurance. Provide other insurance information, such as homeowner and auto. List online accounts, digital assets and user names/passwords.
- Implement an estate plan, including at a minimum a Last Will
and Testament, Financial Power of Attorney, and Advance Medical
Directive/Health Care Power of Attorney. Someone you trust should know the location of the original documents. - Maintain a separate file for each year’s income tax returns, Federal and state, with supporting documentation.
- Provide the location of bank safe deposit boxes.
- Prepare a letter of instruction for funeral and disposition of your remains.
This firm will assist with any or all aspects of probate (Virginia only) and trust administration (Virginia, Maryland and DC) after a loved one has passed.
- Opening the estate and assistance with qualification as executor; court filings, including an inventory of the decedent’s property; and periodic accounts to the court or beneficiaries;
- Obtaining necessary employer identification numbers for the estate or trust;
- Preparation of all tax returns. May include the final individual income tax returns for the decedent, fiduciary income tax returns for the estate or trust, and federal and state estate tax returns;
- Estate/trust termination procedures.
Primarily serving the Loudoun County, Ashburn and Sterling, Virginia