Living Trust Attorney in Long Island

What is a living trust?

How your assets are handled today plays a major part in how well they serve you or your successors in the future. Do you want to be confident that your estate is in good hands and will thrive even after you are gone? If so, then you should consider creating a revocable living trust.

Living trusts are legal documents that place a portion or all of your assets in the care of a trustee, who manages the trust on behalf of a beneficiary or beneficiaries of your choice. You can name yourself as the trustee, or you can place another person in the position. Revocable trusts can be altered or revoked at any time while you are still living and generally become irrevocable after your death. You can also designate a specific date or point in time where the beneficiary inherits the trust, such as one of their birthdays or when you pass away.

Benefits of a Living Trust

Revocable living trusts are a form of asset protection. They help you to ensure that your assets are handled by someone you trust and that they continue to be well-managed long after you pass away. Living trusts give you peace of mind, provide for your loved ones, and help ensure that your legacy lives on.

Hire a Long Island Estate Planning Lawyer Today

If you believe that a living trust is in your best interests, call The Law Office of Michael J. Brescia, P.C. right away. Our firm can help you understand the details of revocable living trusts and can assist you in drafting a comprehensive document. We can help you choose the right trustee(s) and designate your beneficiaries, creating a strong legal document that is not easily disputed. Our ultimate goal is to help you avoid probate and protect your estate.