Representation for High Net Worth Estates
If you have been named as the administrator or executor of an estate, or trustee of a trust, you have been given an enormous responsibility. Probate and estate administration is usually both a lengthy and complex process. Trusts may last for years. Each may seem overwhelming. That’s especially so if the estate or trust includes either sophisticated financial assets, multiple businesses or property in different locations.
At Mackay, Caswell & Callahan, P. C., we have considerable probate, estate administration and trust experience. Our estate planning lawyer routinely handles the administration of high net worth estates. We can assist you with every step of the process, whether the decedent had a will or estate plan in place, or not. To schedule an appointment with a probate or administration attorney, you can either contact us online, or call us at 212-281-6781.
What is Probate?
Probate is a legal process that initially involves both proving a will and qualifying a personal representative for the estate. Once the personal representative is qualified, it extends to administering and distributing the estate assets. After the death of the decedent, the executor or administrator of the estate usually hires a lawyer to begin the probate process.
Our attorneys can manage every aspect of probating an estate, such as:
- Probating the will
- Taking an inventory of the assets
- Valuing and distributing assets
- Liquidating real and personal property
- Preparing the final estate tax returns
- Paying the final bills
- Closing the estate
With both extensive business law and tax law experience, Mackay, Caswell & Callahan has the ability to both value and distribute the most complex financial holdings, including businesses and commercial real estate. We work hard to make sure the estate probate or administration process is easy for you, and your family.
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