Troutman Sanders LLP

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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

Trusts & Estate Litigation

  • Suits for aid and guidance in interpreting a will or trust
  • Suits involving allegations of breach of fiduciary duty
  • Suits involving testamentary capacity, fraud and/or duress
  • Suits involving conversion of trust assets

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Peer Reviews

4.8/5.0 (332 reviews)
  • Legal Knowledge

    4.9/5.0
  • Analytical Capability

    4.8/5.0
  • Judgment

    4.8/5.0
  • Communication

    4.8/5.0
  • Legal Experience

    4.8/5.0
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Diversity

Troutman Sanders embraces diversity as a cornerstone of our future. It means, in part, a commitment by all of our attorneys and all other personnel to a shared vision and the establishment of a workplace environment that is fully inclusive. The Firm values diversity in that it enables the Firm both to take full advantage of the knowledge and talents of a multicultural team in order to meet and exceed individual and business goals and client expectations, and to meet the Firm’s obligation to provide the broadest possible range of opportunities to the members of the communities served by the Firm.

Troutman Sanders defines diversity as an environment of inclusion, in which race, color, religion, sex, age, sexual orientation, gender identity, national origin, citizenship, disability, background and social and ethnic group differences are accepted and valued, and all members of the Firm can contribute to their fullest potential to achieve the Firm’s business goals.

Troutman Sanders supports many initiatives that foster an inclusive environment and help all its personnel balance commitments to clients and family:

Domestic Partnership Benefits

Troutman Sanders offers domestic partnership insurance benefits and has a longstanding policy against discrimination on the basis of sexual orientation.

Women’s Forum

The Troutman Sanders Women’s Forum is a framework to increase the visibility of our women lawyers and their accomplishments, provide expanded professional and business development opportunities, and provide a supportive environment for the continued recruitment, promotion and retention of women lawyers firm-wide.

Moms' Group

The Moms' Group at Troutman Sanders includes both full and part-time women lawyers with children of all ages and provides the opportunity to discuss issues of common concern among a support network such as part-time employment options with the firm and child-care providers.

Charitable Giving

The firm allocates a significant amount of its annual charitable, diversity, and civic contributions budget toward nonprofit organizations and bar associations with a diverse constituency or whose mission directly influences the issue of diversity.  These organizations include the Latin American Association, National Association of Chinese Americans, Stonewall Bar Association , Georgia Hispanic Chamber,  National Asian Pacific American Bar Association (NAPABA), National Association of Women Lawyers (NAWL), Equality Virginia,  Stakeholders, Inc., Puerto Rican Legal Defense and Education Fund, Mexican American Legal Defense and Education Fund (MALDEF), YWCA, HRNEW, The Urban League, and Catalyst, Inc.

Recruiting

Troutman Sanders proactively recruits a diverse team of lawyers by visiting law school campuses and participating in minority job fairs, including the Lavender Law Job Fair, Southeast Minority Job Fair, Mid-Atlantic BLSA Minority Job Fair and Virginia Bar Association Minority Job Fair.  The firm also sponsors a variety of associations that connect minority law students to internships and job opportunities in the legal industry. 

Ongoing efforts to promote and foster an inclusive environment are lead by the Troutman Sanders Diversity Committee. Its primary goals are to implement the firm’s philosophy on diversity, ensure a welcoming workplace for all personnel, and make an impact on the community through charitable giving and pro bono service.

Members of the Diversity Committee are:

Sallie A. Daniel, Chief Diversity Officer
Ronald R. Ross, Chairperson **
Pamela S. Belleman ** 
Robert L. Bourguignon **
Julie L. Burgener **
Albert C. Hwang **
Molly F. James **
Jennifer Mathis **
Joseph M. Parker **
John M. Ramirez **
E. Fitzgerald Veira **
Sonia K. Bain
Sandra L. Brown
Michael D. Hobbs, Jr.
Roscoe C. Howard, Jr.
Prashant K. Khetan
M. Kevin McCusty
George L. Scruggs
Rebecca W. Shanlever
Wendelin W. Silliman
Anthony F. Troy
Jerome Walker
Farah S. Ahmed * 
Meredith N. Baron *
George G. Booker *
Alonso J. Cisneros *
Tameka M. Collier *
Sara H. Doran *
Kaleen Serena Ford *
Becki F. Kieffer *
Adam S. Libove *
Christina M. Lucio *
Nora Garcia Nickel *
Tashwanda C. Pinchback *
S. Kaveh E. Rashidi-Yazd *
Jimmy R. Rock *
Tania S. Sebastian *
Ashante Latanya Smith *
Matt J. Sperling *
Juliet G. Sy * 
Whitney S. Waldenberg *

* Elected by Associates
** Office Committee Chair
 

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