Delivering first class trust administration and estate settlement services is a critical component of our personal advisory services. The breadth and depth of services offered combined with the fiduciary, legal, investment and tax knowledge and experience that we bring to the service of our clients, distinguishes Hemenway & Barnes from other private fiduciary firms.
We are with you every step of the way.
Wealth Managers & Trustees
Our lawyers often serve as trustees and executors for our clients, serving as fiduciaries for generations of family members. The trustee plays an essential role in carrying out the purpose of a trust, ensuring that your goals are faithfully observed, year after year, and often, generation after generation. A trustee’s role will be as varied as the goals of the trust and will encompass building a personal relationship with the beneficiaries, addressing their needs, safeguarding and distributing assets, managing investments, planning for taxes, and providing administrative support, such as bill paying, bookkeeping and reporting.
When a loved one dies, we know it can be very overwhelming. It helps to have a professional by your side to help guide you through some of the complex legal hurdles that you face, such as probating a will and administration of the estate. Accordingly, we handle every aspect of estate settlements including:
- Serving as an executor of a client's estate
- Assuming responsibility for Probate Court proceedings
- Preparation of estate tax returns, and
- Disposition of assets
What Is a Trust?
Trusts make sense now more than ever. Regardless of your family history, business, or personal interests, trusts are widely used and valued for their outstanding benefits: flexibility, privacy, asset protection, and wealth preservation and transfer.