Trust and Estates

Trust and Estates

At SARAGA/LIPSHY, PL. our estate planning probate and asset protection services range from preparing simple wills and durable powers of attorney, to designing and implementing comprehensive plans to transfer wealth to younger generation family members in ways that considers both personal and tax-saving goals. We can also help families who have found themselves in probate after a family member has passed away without an estate plan. We offer all of the following services and more:

Estate Planning

Our lawyers also prepare all types of wills, living trusts, and estate plans and specialized trusts, including such important documents as a:

  • Will for single persons or married couples to shelter a family’s assets and inheritances from estate taxes and other potential losses
  • Living trust that will let your family avoid the delay and cost of probate
  • Lifetime or testamentary trust to protect family assets or take care of children or others needing special care
  • Financial matters power of attorney
  • Healthcare power of attorney
  • Community/separate property agreement for married persons
  • Family limited partnership
  • Complete estate plan that avoids probate, minimizes any estate taxes, and benefits spouses, children, and favorite charities.

Living Trust Administration

We handle all the legal steps needed for living trust administration after a living trust owner has died, including:

  • Advising the successor trustee
  • Preparing the legally required notices
  • Preparing an inventory and valuation for all assets
  • Notifying and paying creditors, and handling creditor's claims
  • If the trust provides, allocating the assets into new trusts for the best tax benefits
  • Preparing an accounting and distribution plan
  • Preparing deeds and other legal documents to transfer title
  • Working with an estate accountant preparing the estate and trust tax returns

Probate Services

Some of our most-requested attorney probate services include:

  • Probate administration
  • Preparing all legal and accounting documents and making all court appearances for the probate
  • Managing, selling, and transferring real estate owned by the deceased
  • Burial plot disagreements
  • Inheritance problems
  • Lawsuits against the deceased's estate
  • "Frozen" bank accounts and investments owned by the deceased
  • Other probate concerns and difficult situations

Asset Protection

Assist clients in the arrangement of their finances, real property and other assets in a manner that minimizes their exposure to potential creditors. We are well versed in establishing trusts, determining insurance needs, creating estate plans and organizing investments and business entities so that our clients are able to enjoy the highest level of confidence in terms of the security of their accumulated assets.

Contact us today to schedule a consultation and learn how SARAGA/LIPSHY, PL's experience and knowledge can work for you!