Helping New York Families Secure Their Legacies
A trust is an integral part of an effective estate plan for protecting your property and fostering its value. You can benefit from many different types of trusts, depending on the specific needs of your situation. To better understand the nature and extent of your estate and how a trust can benefit you, please consult our experienced Westchester County trust attorney from Martin Law, PC.
At Martin Law, PC, you can benefit from the knowledge and experience of our Westchester County trust attorney. Backed by 20 years of experience in the areas of probate and estate planning, our office is ready to help you put together a carefully constructed plan for securing and promoting your property and its value. We offer initial confidential consultations at no charge. Furthermore, we provide step-by-step guidance regarding trust formation, execution, and administration.
To speak with our Westchester County trust attorney about your questions and concerns, call Martin Law, PC at (845) 764-8104 today.
What Is a Trust?
A trust is a legal relationship where a person holds and manages property for the benefit of others. The person who seeks to establish a trust (trustor) agrees to give their property to another person (trustee) for protection and sometimes investment. The trustee holds this property for the benefit of others (beneficiaries), including the trustor.
Trusts have various features, depending on the type of trust you plan to use, including:
- Revocable living trusts
- Irrevocable trusts
- Family trusts
- Spendthrift trusts
- Asset protection trusts
- Medicaid trusts
- Special needs trusts
Your Estate Deserves Proper Protection
If you have acquired a modest-to-substantial amount of wealth, you can benefit significantly from a comprehensive estate plan that utilizes trusts to preserve your estate. Estate planning – including trust administration – is not a “do-it-yourself” project that anyone with an internet connection can pick up on a whim. The formation of a trust as part of a broader estate plan requires compliance with certain laws. At Martin Law, PC, our team can help you navigate the complexities of securing your estate so those you care about the most can benefit from it for years into the future.
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