What is a Trust?
Trust vs Wills * Removal of a Trustee * Guardianship * Probate * Beneficiary Rights
Medicaid Asset Protection * Probate Litigation * Estate Litigation * Living Trusts
In Home Care * Supplemental Needs Trusts * Fraudulent Transfers
A trust is a private agreement and pre-arrangement under which one person, called a trustee, holds legal title to property for another person, called a beneficiary. Commonly referred to as a revocable living trust. You can be the first trustee of your own revocable living trust, keeping full control over all property held in trust while you are competent and of sound mind. An attorney that is experienced in estate planning and elder law can help you and your family make the proper decisions on how to protect all of your families liquid and real assets. Our attorneys are not only trained in handling simple estate will probate matters, we take care of complex living trust estate litigation in the event of a contest or fraud in Nassau County, Suffolk County, Queens County, Bronx, Westchester, Richmond County, Manhattan and Brooklyn Kings County New York.
A “living trust” (also referred to as an “inter vivos” trust) is simply a trust that you create while you’re alive, rather than one that is created after the time of your death.
There are different types of living trusts available that can help you avoid probate, reduce estate taxes, get in home care free, (the law offices of Castiglia-Rubinstein and Associates can help you and your family apply for Medicaid in any of the 50 States throughout the United States; see Medicaid Asset Protection. Medicaid is a federal program available nationwide throughout the United States) paid through your state by Medicaid or set up long-term property management for your real estate assets. For details on creating any type of living trust agreement, contact the law office of Castiglia-Rubinstein and Associates.
For most people, a will is the first choice of passing on assets and your estate to heirs. But it’s not the only choice. Among other estate planning tools, the revocable living trust is gaining in popularity, especially amongst wiser and more savvy boomers. There are many benefits of living trusts versus a will; see Wills vs Living Trusts.
We are dedicated to your success so contact us. Speak with one of our knowledgeable Long Island will and estate litigation, living trust, elder law and estate litigation attorneys today from wherever you are in New York in Nassau and Suffolk, Brooklyn, Kings and Queens Counties, on Long Island and all New York City boroughs including Bronx, Westchester, Richmond County, and Manhattan.
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