Trusts Lawyers in Westchester County Ensuring the Future of Your Estate
The allure of planning for the future may not be inherently present for many people. While the thought of enjoying retirement, taking trips to different locations, and spending more time with your family might be the idyllic future in your head, it rarely ever turns out the way. Creating an estate plan that features a trust may be the best way to not only secure the assets of your estate but it can also help your family in the future if something were to happen to you. Trusts are legal documents designed to be used as a tool to provide your estate with immense benefits including skipping the probate process following your death.
On top of forgoing the potentially costly and time-consuming probate process, creating a trust can also minimize the risk of your assets being taken from you, it can optimize the health care benefit you or members of your family may be able to receive, and it can also minimize the tax impact your estate might have on you if you did not have a trust. Whether you want to simply protect your assets or make life easier on your family in the future, establishing trust with Thomas J. Lavin, Esq. or attorney John O’ Halloran can make a world of difference for your entire estate. Reach out to our law firm as soon as you can so we can begin putting together a trust that is right for you.
How Can a White Plains Trust Attorney Help Me Create an Effective Trust?
Creating trust is not a simple venture. With so many moving parts within your estate, your trust may be complicated to piece together without the proper help. Our team of Westchester County trusts lawyers can put your mind at ease by providing you with knowledgeable, friendly, and experienced service. We know what goes into an effective trust and we can factor in your wants and needs throughout the process. Not every type of trust is the same, so depending on what type of trust you want to set up, our law firm can custom-tailor a trust that will work for you and your entire family.
Can a Lawyer Help Me Designate a Trustee?
If you establish a trust, chances are, you need to designate a successor trustee. Following your death, a trustee will help with the trust administration process of your trust. This can consist of distributing the assets of your estate as dictated by the terms you have set forth, all while avoiding probation. On top of the distribution of assets, a trustee may also be responsible for paying off any owed debts or taxes, selling the property as needed, and handling the inner workings of your entire estate. Because of that, it is critical that you appoint someone you truly trust to handle your trust after you pass away. We can advise you on which person in your life may serve as the best successor trustee and we can even assist them in the trust administration process should you pass away. Give us a call today so we can get to work on crafting the perfect trust for you.
What Types of Trusts Can a White Plains Lawyer Help Me With?
There are various types of trusts, all of which serve different purposes. Depending on your needs, you may want to consider establishing a trust that maximizes the outcome that you need from your trust. The types of trusts a Westchester County estate planning lawyer can help you create include:
- Revocable trust
- Irrevocable trust
- Living trust
- Special needs trust
- Spendthrift trust
- Asset prevention trust
Get in touch with our law firm today to learn more about the many trusts available for you to choose from and take one step closer towards protecting yourself and your family’s future.
Is It Worth Hiring a Westchester County Trusts Attorney?
Establishing the right trust can be a pain to take on by yourself. Not to mention, even the slightest errors can make a trust ineffective. Put faith in our law firm to create the trust you and your family need to prosper in the future. For a free, no-hassle consultation, call The Law Offices of Thomas J. Lavin at 914-490-4444 today.