Top Virginia Beach, VA Trusts Lawyers Near You
800 Diligence Dr, Newport News, VA 23606
Other Nearby Offices
Those confronted with Trusts issues can connect with Weisberg & Weisberg, P.L.L.C.. This practice offers legal help to clients in the Virginia Beach, Virginia area.
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115 S Lynnhaven Rd, Suite 100, Virginia Beach, VA 23452
Connect with a local Virginia Beach, Virginia firm for experienced Trusts legal representation.
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1769 Jamestown Rd., Ste. 1A, Williamsburg, VA 23185
Farino Law can help you find legal solutions for your Trusts issue. The practice serves the Virginia Beach, Virginia area.
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575 Lynnhaven Pkwy, Suite 310, Virginia Beach, VA 23452
501 Village Avenue, Suite 104, Yorktown, VA 23693
222 Central Park Avenue, Suite 400, Virginia Beach, VA 23462
780 Lynnhaven Parkway, Suite 400, Virginia Beach, VA 23452
1100 Professional Drive, Williamsburg, VA 23185
300 George Washington Hwy N, Chesapeake, VA 23323
4445 Corporation Ln, Trusted Legacy Counsel, P.C. (Suite 144), Virginia Beach, VA 23462
1209A Laskin Road, Virginia Beach, VA 23451
710 Denbigh Blvd, Ste 2E, Newport News, VA 23608
249 Central Park Avenue, Suite 300-91, Virginia Beach, VA 23462
1048 E Ocean View Ave, Norfolk, VA 23503
6133 Jefferson Avenue, Newport News, VA 23605
222 Central Park Avenue, Suite 2000, Virginia Beach, VA 23462
258 North Witchduck Road, Suite C, Virginia Beach, VA 23462
2492 North Landing Road, Suite 104, Virginia Beach, VA 23456
5101 Cleveland St, Suite 100, Virginia Beach, VA 23462
500 Viking Drive, Suite 202, Virginia Beach, VA 23452
256 W Freemason Street, Norfolk, VA 23510
2000 Arctic Ave, Virginia Beach, VA 23451
5425 Discovery Park Blvd, Suite 200, Williamsburg, VA 23188
487 McLaws Circle, Suite 2, Williamsburg, VA 23185
283 Constitution Drive, One Columbus Center, Suite 600, Virginia Beach, VA 23462
Virginia Beach Trusts Information
Lead Counsel independently verifies Trusts attorneys in Virginia Beach and checks their standing with Virginia bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is a Trust?
A trust is a legal arrangement in which you transfer your assets to another party to hold and manage for the benefit of your beneficiaries. Trusts are widely used in estate planning to ensure that loved ones are financially secure in the years to come. Because trust and estate laws can be complicated, it is recommended to consult with a trust lawyer near you, as each state has its own laws. There are several distinct types of trusts, including:
- Asset protection trusts
- Charitable trusts
- Constructive trusts
- Family trusts
- Irrevocable trusts
- Living trusts
- Revocable trusts
- Special needs trusts
What Are Some Examples of Situations Where I Might Need a Trust and Estates Lawyer?
Most people think of a trust as something they only need to consider when they pass away. However, a trust can be something you can benefit from during your life and provide for your family after death. Trust planning can help manage property and assets, gain tax advantages, and avoid probate. You should consider a trust when you:
- Have significant financial assets or property
- Have family members with special needs
- Want to distribute assets to charitable groups or religious organizations
- Want to protect your privacy
- Need to preserve assets for minor children
- Have major life changes
How Can a Trust Lawyer Help Me?
An experienced lawyer can give you the backing you need to navigate the legal system and find the best possible results for your case. Because laws are different from state to state, speaking with a lawyer in Virginia is critical in understanding all the elements of your situation and making the best decisions when it comes to your estate planning. A trust lawyer can help with:
- Trust creation
- Asset management and protection
- Estate planning
- Trust administration
- Modification or termination of your trust
- Trust disputes and litigation
What Could Happen if I Don’t Hire a Trust Lawyer?
If you don’t hire a trust lawyer, your assets will pass under Virginia probate laws. Probate can tie up your assets for months or years. If your beneficiaries are fighting over the assets, it can take longer and cost your estate money. With a trust, the property can pass outside of probate. You can also have more control over what happens to your estate after death. If you don’t have a trust, your loved ones may have to deal with:
- Estate taxes
- Delays in probate
- Fighting legal challenges over assets and property
- Property passing through intestacy
What Are the Top Questions When Choosing a Trust Lawyer in Virginia Beach?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your trust case. Many trust and estate lawyers offer consultations that allow you to understand your options and get specific legal advice before hiring them. The top questions to ask include:
- What type of trust is most suitable for my situation?
- What are the benefits and drawbacks of creating a trust?
- How can a trust be used to address my specific concerns or goals?
- What is the process for creating and funding a trust?
- How will the trust be administered?
- What are the potential tax implications associated with a trust?
- How much will all of this cost?
Tips for Hiring a Trusts Lawyer
Taking the time to find a lawyer who is right for you and will represent your best interests is an important first step in protecting your finances. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts