G. Timothy Leighton, JD, CFP®
Tim Leighton counsels Clients in Central Illinois and metropolitan Washington, DC as a lawyer and Certified Financial Planner™ practitioner on trusts, wills, probate, business, charitable and tax matters.
Trust Administration The rules governing service as fiduciary, such as trustee, can be complicated and even intimidating. LLG lawyers serve as counsel to fiduciaries and have also served in fiduciary capacities. Since the firm helps Clients set up trusts, the firm has insights on trust administration and operations as well. Typical Client objectives include privacy and efficiency. The firm helps implement these goals for the benefit of the initial planning generation as well as the beneficiaries of previous and successor generations.
Estate Administration The laws and rules governing disposition of assets and wrapping up of a decedent's affairs can be daunting. Our firm is experienced in helping Clients navigate these procedures, including probate, conservatorships, and fiduciary obligations. The process often involves drafting and filing petitions, preparing inventories of assets and liabilities, negotiating compromise agreements among beneficiaries, heirs and legatees, and retitling assets. When appropriate, LLG helps Clients identify and implement post-mortem planning opportunities to reduce tax and transfer costs. Specialized advice specific to fiduciaries is also available. Fiduciaries include executors, personal representatives and trustees.