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Top Virginia Beach, VA Trusts Lawyers Near You

Trusts Lawyers | Virginia Beach Office

4768 Euclid Road, Suite 103, Virginia Beach, VA 23462-3810

Trusts Lawyers | Poquoson Office | Serving Virginia Beach, VA

400-B City Hall Avenue, Poquoson, VA 23662

Trusts Lawyers | Virginia Beach Office

1206 Laskin Road, Suite 101, Virginia Beach, VA 23451

Trusts Lawyers | Virginia Beach Office

1333 Laskin Road, Virginia Beach, VA 23451

Trusts Lawyers | Virginia Beach Office

1209A Laskin Road, Virginia Beach, VA 23451

Trusts Lawyers | Newport News Office | Serving Virginia Beach, VA

710 Denbigh Blvd, Ste 2E, Newport News, VA 23608

Trusts Lawyers | Norfolk Office | Serving Virginia Beach, VA

426 East Freemason Street, Suite 200, Norfolk, VA 23510

Trusts Lawyers | Newport News Office | Serving Virginia Beach, VA

688 J. Clyde Morris Blvd., Newport News, VA 23601

Trusts Lawyers | Virginia Beach Office

258 North Witchduck Road, Suite C, Virginia Beach, VA 23462

Trusts Lawyers | Virginia Beach Office

3061 Brickhouse Court, Suite 101, Virginia Beach, VA 23452

Trusts Lawyers | Virginia Beach Office

2100 Mediterranean Avenue, Suite 214, Virginia Beach, VA 23451

Trusts Lawyers | Williamsburg Office | Serving Virginia Beach, VA

1311 Jamestown Road, Suite 203, Williamsburg, VA 23185-3391

Trusts Lawyers | Virginia Beach Office

2492 North Landing Road, Suite 104, Virginia Beach, VA 23456

Trusts Lawyers | Virginia Beach Office

780 Lynnhaven Parkway, Suite 400, Virginia Beach, VA 23452

Trusts Lawyers | Norfolk Office | Serving Virginia Beach, VA

101 W Main St, Suite 920, Norfolk, VA 23510

Trusts Lawyers | Williamsburg Office | Serving Virginia Beach, VA

1100 Professional Drive, Williamsburg, VA 23185

Trusts Lawyers | Norfolk Office | Serving Virginia Beach, VA

1048 E Ocean View Ave, Norfolk, VA 23503

Trusts Lawyers | Newport News Office | Serving Virginia Beach, VA

6133 Jefferson Avenue, Newport News, VA 23605

Trusts Lawyers | Virginia Beach Office

222 Central Park Avenue, Suite 2000, Virginia Beach, VA 23462

Trusts Lawyers | Virginia Beach Office

4445 Corporation Ln, Trusted Legacy Counsel, P.C. (Suite 144), Virginia Beach, VA 23462

Trusts Lawyers | Virginia Beach Office

5101 Cleveland St, Suite 100, Virginia Beach, VA 23462

Trusts Lawyers | Virginia Beach Office

2000 Arctic Ave, Virginia Beach, VA 23451

Trusts Lawyers | Williamsburg Office | Serving Virginia Beach, VA

5425 Discovery Park Blvd, Suite 200, Williamsburg, VA 23188

Virginia Beach Trusts Information

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Lead Counsel Verified Attorneys In Virginia Beach

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.

Find a Trusts Attorney near Virginia Beach

Visit our free Trusts Resource Center.

What Is a Trust?

A trust is an estate planning tool that allows you to determine which beneficiaries will get your property and assets when you pass away. A valid trust can allow you to avoid probate, which can be costly and slow, so your beneficiaries can receive your real estate, accounts, and personal property more quickly. A trust can also allow you to use and access your property while you are living while still providing for your loved ones after you die. An estate planning attorney can give you more information about trusts and estate planning.

What Are Different Types of Trusts?

There are different kinds of trusts that can be used to accomplish your estate planning goals. Common types of trusts include:

  • Living trusts
  • Irrevocable trusts
  • Charitable trusts
  • Special needs trusts

The most common type of trust is a living trust, also known as a revocable trust. A revocable trust provides more flexibility for the person who created the trust to use the property and modify the trust at any time. An irrevocable trust is much more restrictive and cannot be canceled. However, an irrevocable trust can reduce estate taxes and may allow the property to be protected from creditors. Talk to Virginia estate planning lawyers for legal advice about what type of trust is best to give you peace of mind.

How Do I Establish a Trust?

The person who creates the trust is known as the settlor. The settlor names a beneficiary or beneficiaries who will receive the assets under the terms of the trust, usually upon the death of the settlor. The settlor also designates a trustee to manage the assets of the trust for the benefit of the beneficiaries. There may be other requirements for a trust in your state, so contact a Virginia trust lawyer or elder law firm about your legal matters.

How Can I Change a Trust?

A revocable will can be changed anytime during the lifetime of the settlor. You may want to review your trust every few years or anytime there is a significant life change. When there is a major life change, like a marriage, divorce, or death of a loved one, you may want to update your trust to make sure your wishes are still reflected in your estate plans.

How Much Does It Cost to Make a Trust in a Virginia Beach?

The cost of a trust will depend on several factors, including the number of assets and properties, trust administration, and the terms of the trust. An average trust can cost about $2,000 to $5,000 or more. However, a trust can save you money by avoiding the costs, delays, and court process of going through probate. A trust can also include special provisions for your loved ones so they can have long-term protection and financial support. To get an estimate for how much it will cost to prepare a trust for your situation, contact a Virginia Beach trust attorney for a quote.

Best Time to Seek Legal Help

No matter what your legal issue may be, it is always best to seek legal help early in the process. An attorney can help secure what is likely to be the best possible outcome for your situation and avoid both unnecessary complications or errors.

How to Prepare for Your Initial Consultation

Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.

Does firm size matter?

For most consumer legal issues, the size of the practice is much less important than the experience, competence, and reputation of the attorney(s) handling your case. Among the most important factors when choosing an attorney are your comfort level with the attorney or practice and the attorney’s track record in bringing about quick, successful resolutions to cases similar to yours.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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