Death is certain, and after death the property of the person who dies gets distributed to others. Now it is on the person who owns the property to decide who would inherit his property after his death. For this reason the law relating to Wills & Trusts is truly essential.

WILL

A Will is a document that finally declares the intention of the person that how he intends his property to be distributed after his death. A Will is essential as it gives the power to the person making the will, also known as the testator, to decide how his estate will be distributed or managed after he dies. It often helps to prevent disputes among his heirs. A Will is referred to as a testamentary disposition of property. A person is said to have died intestate in case no valid will has been executed. If a person dies intestate, the property devolves by natural succession. A Will not only relates to division of estate, a testator can also appoint a person to look after minor children or geriatrics.

A will would only become operative after the death of the testator. A person can change his will any time before his death. A will needs to be probated to be governed by law related to wills. To probate a will means to establish its validity and carry the administration of the estate through a process supervised by a probate court.

TRUSTS

A trust refers to any arrangement for transferring the legal title to property from one person (known as the settlor) for administration by another (trustee) for the benefit of a third party (beneficiary). This category can be classified under various heads such as Living Trust, Testamentary Trust , Charitable Trust etc.

ESTATE ADMINISTRATION

After the death of a person his assets need to be collected, settled, managed and distributed. The process of collecting a decedent’s assets, settling his or her debts and distributing all remaining assets is referred as ‘Estate Administration’. Usually the probate court deals with the administration of decedent’s estates. During the administration proceedings the rights of the beneficiaries and creditors should be protected.

Our Services

Our teams of lawyers provides client based services and are involved in legal work related to wills, trusts, other estate planning devices, and estate administration. Some of the services provided by us in this field are:

• Interview clients and tender to their specific requirements and queries with respect to estate-planning.
  
  
• Garner maximum information about the assets and liabilities of the clients, to give them advice which would be most beneficial to them..
  
  
• Draft a will as also a codicil, if required for a client.
  
  
• Prepare, obtain and complete the necessary documents to establish a trust for a client.
  
  
• Research laws governing estate, inheritance taxes, wills and probate procedures as per the requirements of the clients.