The trust lawyers at Clarity Legal Group® will work closely with you as you plan your legacy so that we can help you facilitate the transfer of assets via trust. Transferring money and property via a trust can help your heirs or beneficiaries by making it faster, easier, and less expensive for them to inherit. Our firm provides assistance with all aspects of trust creation, including the process of determining whether a trust is the most appropriate legal tool for your particular situation, helping you determining you specific goals, creating a legally valid trust document, and ensuring that your assets which should be part of the trust are effectively transferred to ownership under the trust.
The assistance that our attorneys provide does not end with your death. We also provide comprehensive help to heirs or beneficiaries who stand to inherit from a trust. It can be confusing if you have been named as a beneficiary of a trust and you do not know what to expect or understand the legal processes this entails. Our committed and experienced attorneys will be your advocate, and will guide you through these legal processes at a time when you are feeling grief for your lost loved one.
How Trust Lawyers Help Trust Beneficiaries
As trust attorneys, we provide extensive services during the trust administration process. Some of the ways that we can assist you include:
- Guiding a Trustee through the process of fulfilling his or her obligations: The Trustee has the most responsibility during the trust administration process. As trust administrator, he or she must make an accounting of trust assets and manage those assets. The Trustee also has the responsibility of providing appropriate notice to heirs or beneficiaries about the trust administration process, and must facilitate the timely and efficient transfer of trust assets in accordance with the wishes of the trust creator.
- Helping beneficiaries navigate the trust administration process: While the Trustee has the most responsibility during the trust administration process, hainvg the right tools and instructions in place can make the most difference for the heirs and trust beneficiaries. It is their inheritance that is affected by the outcome of this process, and their inheritance that could be lost if the Trustee has unnnecessary barriers to efficiently performing his or her duties. Clarity Legal Group® can work with beneficiaries who stand to inherit under a trust, and can help them to ensure that the entire trust administration process goes smoothly.
- Taking legal action if a problem arises: Most of our clients have as one of their goals avoiding disputes between and among family members and heirs. A thoughtfully drafted Trust Agreement can reduce the risk of these kinds of disputes and provide tools for effectively dealing with disputes when they do arise. Often this can be done in a fashion which keeps these private matters out of the courts, while at the same time holding the Trustee to appropriate standards of performance under the terms of the Trust Agreement.
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Everyone’s situation is different, so there may also be other important matters you need to address associated with trust creation. We can work closely with you to provide guidance specific to your situation, no matter what your particular role is in the trust administration process.
Getting Help from Trust Lawyers in the Triangle
As Chapel Hill trust lawyers, we understand the ins-and-outs of the trust creation and trust administration processes. We can represent a Trustee who has been put in charge of the trust administration process, and we can also provide the advocacy that heirs or beneficiaries deserve as they navigate the process of inheriting from a trust after a loved one has died.
Don’t try to create your trust alone and risk making mistakes, and don’t try to undergo the trust administration process alone and risk facing roadblocks that interfere with your inheritance of money or property after a loved one has passed.
Give us a call at 919-484-0012 or contact us online today to find out how our firm can help you.