Estate & Trust Administration
The estate settlement process is often complex and extraordinarily important. Our trust and estate attorneys help clients file all necessary papers with the probate courts to allow wills and appoint estate fiduciaries, inventory and account for assets, work with creditors, secure the court’s approval of accountings, file appropriate tax returns and bring estates to a close in a timely and cost-effective manner.
Advice on post-death planning techniques is another critical aspect of our work in order to help our clients minimize estate tax obligations and maximize the benefits to the family members. Throughout these processes, we maintain regular contact with our clients to provide needed advice and address any personal or sensitive issues during what is frequently a difficult and trying period.
Similarly, Wilchins Cosentino & Novins’ attorneys regularly assist clients in trust administration, either by providing counsel or by actually serving as a trustee or other fiduciary by appointment of our clients. Trusts present unique tax, business, family and personal issues, and each type of trust can present its own set of particular benefits and challenges. Our group utilizes its extensive background, knowledge and skill in this area to help clients, including fiduciaries and beneficiaries, to learn about, evaluate and balance the financial, tax and personal considerations of these types of trusts. Some trusts we commonly establish and administer for clients include, irrevocable and revocable trusts, dynasty trusts, grantor retained annuity trusts, qtip trusts, and special needs trusts, among others.
We regularly counsel clients in unfortunate cases of estate or trust disputes. Where litigation, mediation or arbitration is required or has otherwise commenced, our team of attorneys including our trial attorneys has the sophisticated experience to expertly represent our client’s interests throughout the process. This experience extends to a wide range of areas, such as probate litigation, contests of wills and trusts, allegations of undue influence or incapacity, disagreements over the suitability or conduct of proposed or existing fiduciaries, partitions of property, reformations of will and trust documents, instituting actions for fiduciary appointment or removal and intra-family conflicts.
We take great pride in serving our clients with our personalized, concierge approach, working closely with our clients throughout their journey to effectively address legal needs. Our skilled asset protection attorneys work as a cohesive team delivering highly effective legal strategies and solutions that are proven and practical.
Meet the Attorneys in the Private Client Services Practice at Wilchins Cosentino & Novins
Stephen N. Wilchins
Eric B. Brenman
Michael B. Cosentino
John W. Donahue
Michael P. Friedman
Donald E. Goodwin III
Meredith A. Havard
Kook Hee Lim
Robert W. Meshel
Why WCN for Private Client Services
Right-sized. We are large enough to have the depth of expertise and knowledge, while small enough to be available, accessible and personal.
Concierge Approach. Our clients are assured of our accessibility, personal attention and skilled guidance as we seamlessly and adeptly address their legal needs.
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