(952) 405-2050

Estate Administration Services

TRUST ADMINISTRATION

Estate administration refers to the process of collecting and managing the estate, paying any debts and taxes, and distributing the remaining property to the heirs of the estate.

Family members or loved ones may name family or friends to act as trustee of their trust after their death. As trustee you are responsible for settling and distributing the trust assets in accordance with the terms of the trust document. The trustee is considered a fiduciary and must adhere to a high standard of care. More specifically, the trustee has a duty to manage the trust’s assets in the best interests of the beneficiaries. A Trustee may only be responsible for settling a trust or a trustee may have more ongoing duties depending on the terms and conditions of the trust. Trustees often work with attorneys and other professionals to ensure that they are acting in compliance. 

Many people don’t understand the responsibility of being named as the “personal representative” or “executor” in someone’s will and discover the complexity after the person dies. Getting the advice of an estate law attorney to understand the role and responsibility – and maybe assistance in executing the estate – is often necessary.

Selecting a trustee and/or other fiduciaries is an important decision that should be met with great considerations. Not only for the reason that the person(s) you select should have the basic skill set to fulfill the role, but also because each role has inherent legal ramifications for both the estate and the designated person – not to mention a direct impact on the beneficiaries of your estate.

Talking through the decision with an estate attorney can help affirm your decisions and give you important information to provide to the person(s) selected.

Tax laws, including estate tax laws, change continually. Our attorneys can provide resources for tax consultation or preparation. Additionally, our attorneys can work with your tax preparer or financial advisor to coordinate plans and possible tax implications.

Credit card payments for Baker Vicchiollo Law are processed by LawPay.

By selecting "Proceed" below, you will be redirected to the LawPay site. Before proceeding, please refer to your most recent statement for balance due information.

LawPay Card Vault

LawPay’s Secured Credit Card Vault

LawPay’s Card Vault stores preferred payment methods in a secure vault. Card Vault and LawPay are 100% PCI compliant. This means it follows all industry and jurisdictional regulations, standards, and best practices.

There are two ways to store payment information: Add New Card or Request Card.

When the Add New Card method is used, the firm inputs the payment information received from a client over the phone. Note that Baker Vicchiollo Law does not accept or send credit card information via email due to security risks. The Request Card method is when the firm sends an email that includes a link which the client uses to input payment information themselves.

After the credit card or eCheck bank information is collected and vaulted, only the last four digits of the card and expiration date will be visible. The client is also able to input multiple payment methods such as a credit card and eCheck to have on file. As the client fills out the vault form, they’ll also be required to give the firm authorization to make charges, in accordance with the signed retainer agreement.

Financing by Affirm in collaboration with LawPay ClientCredit

In collaboration with Affirm, LawPay offers financing to qualified applicants. The application process is simple and a decision is returned in near real-time. To initiate the application process, use the following link, and select the “Pay Later” tab.

An approved application establishes a creditor – debtor relationship between Affirm and the applicant. Baker Vicchiollo Law LLC is not party to this relationship or to this financing agreement.

Loan amount variable from $150 to $17,500. Interest rate between 10% – 30% based on credit worthiness. Flexible repayment terms from 3 to 24 months.

Payment Options

Pay by CHECK or MONEY ORDER, make check payable to and mail to:

Baker Vicchiollo Law
Accounts Receivable
3300 Edinborough Way Ste 550
Edina  MN  55435

Pay by CREDIT CARD*, follow link to LawPay.com credit card processing screen:

https://secure.lawpay.com/pages/bvlaw/trust

Or use your mobile phone camera to navigate to our LawPay payment portal:

Pay via PAYPAL*, send funds to:

trust@mnlaw.us

An automated email will be sent to our office notifying us of your electronic payment. You will also receive confirmation and receipt for your payment via email.

Contact our office for payment assistance at: (952) 405-2050, extension 2098, or ask to speak to a paralegal.

LawPay PCI Compliance

What is PCI compliance and why is it important?

The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards set in place by the major card brands (Visa, Mastercard, American Express, Discover, and JCB). Its purpose is to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment to prevent this information from being stolen or compromised. The standard was originally adopted in 2006 and requires businesses to complete an annual compliance questionnaire regarding the way credit card information is handled in their office.

Is LawPay PCI certified?

Yes, LawPay is PCI DSS certified. ControlScan, a VISA Qualified Security Assessor, has independently audited LawPay and certified that LawPay is PCI DSS compliant. LawPay’s online portal is certified as a Level 1 Service Provider, the highest security level available.