Estate Administration Lawyers in Virginia Beach | MNR Law

Estate Administration Lawyers Virginia Beach

Estate Administration

Estate administration can be a daunting task, especially for grieving family members with no previous exposure to the process. We can assist after the loss of a loved one to ensure that their estate plans are carried out to specification, or, in the absence of a plan, to ensure that Virginia intestacy law is correctly followed.

Probate

Probate is the process by which the circuit court in the city or county where someone dies oversees the settlement of that person’s estate. Probate can be necessary when a deceased person has a will, or when they die intestate (without a will). The purpose of probate is to effectuate the transfer of a deceased person’s assets in an orderly process with oversight and accountability for the parties impacted. Unfortunately, probate involves fees and multiple steps that can become quickly overwhelming for those unfamiliar with the process. If you are a fiduciary (executor or administrator), we can guide you in navigating the requirements of probate.

Trust Administration

To serve as a trustee is to be held to a fiduciary standard – the highest under the law. Trustees bear many responsibilities as they carry out the wishes of the deceased. We frequently aid trustees in interpreting trust language, mitigating risk and fulfilling their fiduciary duties.

Fiduciary Accountings

A properly administered probate estate or trust estate nearly always involves fiduciary accountings, submitted to the court, the beneficiaries, or both. Accountings are the means by which the actions of fiduciaries are judged, so it is critical that they be accurate, follow the proper form and include all supporting documentation. We can provide pointers to fiduciaries who wish to prepare their own accountings. Alternatively, we can prepare the accountings ourselves to ease the fiduciary’s workload.

Fiduciary Services

When preferred by clients, we can serve as Executor, Administrator, and/or Trustee. We can also serve as Trust Advisors or Trust Protectors, adding an additional layer of flexibility and protection to trusts (particularly irrevocable trusts).

estate administration lawyers virginia beach

Client Testimonials

James

“I will never regret seeking (Reeves Mahoney’s) counsel … You’ve given me a lot of great advice and insight and that I’ll never regret any penny that I paid to gain that. … I just wanted to let you know that you provided a great service to me today and I will be eternally grateful.”
5.0
2018-04-18T21:00:33+00:00
“I will never regret seeking (Reeves Mahoney’s) counsel … You’ve given me a lot of great advice and insight and that I’ll never regret any penny that I paid to gain that. … I just wanted to let you know that you provided a great service to me today and I will be eternally grateful.”

Michele

“Shantell’s knowledge, skill and compassion put me at ease during an extremely trying period. She and her team worked tirelessly to overcome many obstacles and ensure the outcome in my case was equitable…I sincerely appreciate all their hard work!”
5.0
2018-04-18T21:02:09+00:00
“Shantell’s knowledge, skill and compassion put me at ease during an extremely trying period. She and her team worked tirelessly to overcome many obstacles and ensure the outcome in my case was equitable…I sincerely appreciate all their hard work!”

Sarah

“Andy and his paralegal, Nancy, are wonderful. I had an entire custody reversal made, which I have come to understand is a rarity. Andy is clearly knowledgeable about family law and well respected by the court.”
5.0
2018-04-18T21:02:26+00:00
“Andy and his paralegal, Nancy, are wonderful. I had an entire custody reversal made, which I have come to understand is a rarity. Andy is clearly knowledgeable about family law and well respected by the court.”

Yusun

“I am very thankful for all of your services. I don’t know how I would have gotten through this without you all. Your help was priceless.”
5.0
2018-04-18T21:03:02+00:00
“I am very thankful for all of your services. I don’t know how I would have gotten through this without you all. Your help was priceless.”
5.0
4

MNR Law