ESTATE AND TRUST

ADMINISTRATION

When a loved one passes, administering the trust or estate is often the last thing on the minds of the family. Having an experienced guide and advocate during the process can make a noteworthy difference between misperception and an organized transition. There are numerous details to consider and the familiarity of an attorney who focuses on this area of the law can be invaluable.

At Scott & Scott Law, LLC, we help clients with a wide range of estate and trust administration matters, including:

 

  • Estate administration and probate

  • Representation of individual and corporate trustees

  • Representation of executors

  • Federal estate tax returns

  • Federal gift tax returns

  • Fiduciary income tax returns

  • Efficient transfer of property

  • Gathering, valuing and safe-keeping of assets

  • Management of assets

  • Process through probate filing, inventory and accounting

  • Final distribution of assets

  • Payment of debts and expenses

  • Tax strategy development and preparation of final tax returns

  • Disbursement of funds to beneficiaries

  • Establishment or continuation of trust

 

 

Our law firm concentrates on minimizing tax burdens and stress for both simple and complex probate, trust and guardianship estates.  We work diligently and efficiently with other professionals to maximize the retained value of the estate. We work with your trusted advisors, such as your accountant, insurance advisor, financial advisor, valuation advisor, or we can refer you to other competent professionals. The core group of professionals from key areas come together to meet the goals and needs of both the estate and the beneficiaries. Each professional retains independence advising you in his or her area of competence and the coordinated effort keeps your goals and needs central.

We emphasize an individual approach and personal service for our clients.  We are personal counselors, and we take very seriously our responsibilities as such. Proper planning does more than just provide for the transfer of assets at death. We work with our clients, who include both individual and corporate fiduciaries to provide seamless solutions in probate, guardianship and trust estates.

  • We also handle litigation related to probate and trusts, seeking to resolve disputes quickly and effectively.

  • We work to meet our clients particular needs, and involve other professionals.

  • We have the relevant resources to provide seamless guidance from estate planning, to estate administration, to planning for future generations based on prior generations planning.

  • We also assist our clients with probate administration, postmortem tax planning (including effective use of disclaimers, alternate valuation elections, special use valuations, and other tax elections), IRS audits and negotiation, and the negotiation and settlement of intricate estate matters.

  • We also provide guidance regarding the ongoing administration of irrevocable trusts and other estate planning techniques, including trust reformation.

  • We provide guidance regarding income taxation of trusts and estates.

SCOTT & SCOTT LAW, LLC    23210 Hwy 98, D-3,  Fairhope, AL 36532​     (251) 990-4414

                 

MAILING ADDRESS - P. O. Box 1248, Fairhope, Alabama 36533

"No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers."  

DISCLAIMER - Alabama Attorney Advertising. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.