Settlement Services - Trusts
Coordinated Trust and Estate Protections
Navigating Probate
To receive settlement proceeds from a deceased individual’s estate, some claimants must undergo a legal process of administering the estate. This process is known as probate, and it involves examining and distributing the assets following either a lawful court order or the decedent’s requests as outlined in a valid will.
In partnership with industry specialists and probate experts, Mirena’s team can help claimants maneuver through the entire probate process in an organized, coordinated manner. We understand that the probate process can be intricate and stressful, and we are ready to ease the burden by guiding claimants every step of the way.
Government Benefits Preservation
Prior to concluding a lawsuit, it is crucial for claimants to examine how their settlement proceeds may affect their eligibility for public benefit programs. If one is not careful, it is possible to lose eligibility for government benefits upon receiving a certain amount of settlement money. With our knowledge of preservation methods and benefit analysis, we help claimants navigate the nuances of settlement implications.
Through a thorough examination of the claimant’s eligibility status and needs, we can help you plan and direct the administration of awarded settlements to safeguard and retain your benefits.
Trust Drafting and Trustee Services
In the face of flexibility, eligibility, or liquidity difficulties, it may be in the claimant’s best interest to place all or part of their settlement proceeds in a trust. There are various types of trusts to choose from, depending on the claimant’s individual circumstances.
Our team can provide expert assistance in the establishment, funding, and maintenance of various trusts, including fulfilling eligibility guidelines and requirements, insight regarding payoff methods, selection of suitable trust types, and providing a network of reliable and reputable trust attorneys and trustees. Through the right kind of trust, claimants can secure their settlement proceeds according to their current and future needs.
