Trusts & Estates
The Troutman Sanders Trusts & Estates Practice Group assists clients in planning for and implementing the transfer of assets during life and at death. The group provides sophisticated, confidential and practical advice on such matters as planning for distributions from retirement plans, succession planning for owners of family businesses, charitable giving, formation of tax-exempt organizations, and estate planning and administration.
Thoughtful, expert estate planning is vital to ensure the orderly transfer of wealth from one generation to the next while minimizing tax liabilities to the beneficiaries or maximizing the benefits of charitable gifts. Troutman Sanders is pleased to assist clients in achieving their personal, family, business and charitable objectives. Troutman Sanders attorneys will:
Prepare wills and trusts
- Living Trusts
- Marital Deduction Trusts
- Generation-Skipping Trusts
- Life Insurance Trusts
- Trusts for Minors
- Special Needs Trusts
- Personal Residence Trusts
Prepare agency documents
- Durable Power of Attorney
- Advance Medical Directives
- Living Wills
Prepare charitable gift documents
- Charitable Remainder Trusts
- Charitable Lead Trusts
- Charitable Gift Annuity Agreements
- Private Foundation Documents
Address related issues
- Techniques for minimizing estate, gift, generation-skipping and income taxes
- Creation of limited partnerships, limited liability companies and other entities
- Optimal retirement plan and IRA elections and beneficiary designations
- Life insurance planning
- Appropriate titling of assets
The complex and technical nature of the transfer of assets and the tax implications involved are challenging to those individuals charged with the responsibilities of administering estates and trusts. Troutman Sanders’ team of attorneys and trust and estate assistants is experienced in guiding and supporting executors and trustees, both individual and corporate, through the administrations process. The firm offers services in:
Preparing court filings
- Will probates and fiduciary qualifications
- Notices of Probate
- Inventories
- Accountings
- Debts and demands proceedings
- Disclaimers