Pittsburgh Trust Settlement Attorney
Retain the Help of a Lawyer Who Serves Western, PA
I have been working with clients for more than 34 years, handling
estate plans and
probate cases. When you enlist the services of D'Onofrio Law Office, P.C.,
you can rest assured that I will keep your best interests in mind. When
you create a trust to protect your personal assets and property, it can
still be a difficult matter to settle.
trusts will not be required to go through probate, allowing your family and loved
ones to avoid costly, time-consuming court proceedings. However, there
are still legal hurdles that must be cleared to properly and legally settle
the trust estate. Not only do I work with clients to create an effective
trust for their family's future finances, but I also have the experience
to effectively settle the trust.
What does settling a trust involve?
When your property is protected in a trust, it is legally bound to the
terms and provisions of that trust. This means that your family or loved
ones will need to follow the specific terms of your trust before they
can distribute or receive any finances. A trust will not typically require
any court involvement, which can be very beneficial to those involved.
While this is true, you will still need to enlist the services of a skilled
lawyer to help settle the trust efficiently.
A trustee cannot settle a trust immediately, and will be required to follow
several legal regulations, including the administration of the trust,
before settling it. There are a variety of options your loved one might
have used, such as revocable living trusts, life insurance trusts or irrevocable
trusts. Each trust has different requirements and complex processes that
will need to be followed.
To settle a trust, it often involves the following:
- Closing out bank accounts
- Collecting assets
- Paying taxes
- Repaying creditors
- Distributing assets
Call my office for a complimentary initial consultation!
Whether an individual elects a lawyer or a loved one to be the trustee
of their assets, it's important to have a skilled attorney guiding
them through the process. If a loved one has recently passed, leaving
you as the trustee, or if you want to designate a lawyer to settle your
trust when you pass away, I can help.
My law office is committed to providing clients with the services they
need to protect their property, ensuring it falls into the right hands
after their death. In the case of a serious accident, you may be unable
to make decisions about your trust or finances. I can also provide services
for settling a trust for a disabled individual. I will work with you to
handle every aspect of trust settlement, including the
If you want to ensure that your loved one's trust is handled properly
and adheres to federal and state laws,
contact my law office today. You can schedule a
complimentary initial consultation!