Greene & Kolyesnik
Trust & Estate Administration in Jacksonville
Get To Know Us
Lyudmyla and Chris are passionate about their mission to safeguard legacies and ensure the seamless transfer of wealth for their clients for generations to come.
Focused business litigation, trusts and estates administration and litigation, and fiduciary services right here in Jacksonville, Florida. Our team is ready to help you with your legal needs.
Our Services
Our firm is dedicated to serving our clients’ families by offering creative solutions and a collaborative approach, ensuring a smooth transfer of wealth and values to the next generation, with goals centered on compassionate resolution of conflict and excellence in representation.
Experienced Team: Our attorneys have extensive experience in business litigation, trust and estate litigation and administration, and fiduciary services. We provide high-quality legal services tailored to your needs.
Client-Centered: We focus on your goals and work closely with you. We keep you informed and involved throughout the process.
Over the years, we have honed our expertise in a range of practice areas, including complex business litigation and risk mitigation, trust & estates litigation, trust & estates administration.
Business litigation, also known as commercial litigation, is the legal process of resolving disputes that arise in a business context. This can include a wide range of issues, such as breach of contract, partnership disputes, and intellectual property disagreements. The goal of business litigation is to resolve these disputes through negotiation, mediation, or, if necessary, in court.
The most common types of business disputes include breach of contract, partnership or shareholder disputes, employment disputes, and intellectual property disagreements. Other common issues include real estate disputes, insurance disputes, and business torts, which involve wrongful acts against a business.
You should consider hiring a business litigation attorney as soon as a dispute arises that could lead to legal action. An attorney can help you understand your rights and obligations, and can work to resolve the dispute before it escalates. Even if you hope to resolve the issue outside of court, an attorney can provide valuable guidance and representation.
Litigation is the process of resolving a dispute in court. Mediation and arbitration are forms of alternative dispute resolution (ADR). In mediation, a neutral third party helps the parties reach a mutually agreeable solution, but does not make a decision. In arbitration, a neutral third party hears both sides of the dispute and makes a binding decision.
The duration of a business lawsuit can vary significantly depending on the complexity of the case. A simple dispute might be resolved in a few months, while a more complex case could take a year or longer. Factors that can affect the timeline include the number of parties involved, the amount of evidence, and whether the case goes to trial.
Trust and estate administration is the process of managing and distributing a person’s assets after their death, according to the terms of their will or trust. This includes tasks such as collecting and inventorying assets, paying debts and taxes, and distributing the remaining assets to the beneficiaries.
An executor is the person or institution named in a will to carry out the terms of the will. A trustee is the person or institution responsible for managing the assets held in a trust. Both executors and trustees are fiduciaries, meaning they have a legal duty to act in the best interests of the beneficiaries.
Probate is the legal process of validating a will in court and overseeing the distribution of assets. The probate court ensures that the deceased person’s debts are paid and that the remaining assets are distributed to the correct beneficiaries.
A trust can help avoid probate because assets held in a trust are not considered part of the probate estate. This means that the assets can be distributed to the beneficiaries without going through the court-supervised probate process, which can be time-consuming and expensive.
The duties of a trustee include managing and protecting the assets in the trust, investing the assets prudently, distributing assets to the beneficiaries according to the terms of the trust, and keeping accurate records. The trustee must also file tax returns for the trust and communicate regularly with the beneficiaries.
If you need assistance with business litigation, trust and estate administration and litigation, or if you need a neutral fiduciary in Jacksonville, Florida, we’re here to help. Contact us today to schedule your consultation.