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There are many different types of trusts, but all of them can be broken down into revocable trusts and irrevocable trusts. Revocable trusts and irrevocable trusts are instruments used in estate planning, asset protection and special needs planning. An experienced attorney can analyze your situation and explain the benefits of various trusts, as well as their limitations.
At the Stefans Law Group, our estate planning attorneys and elder care lawyers assist individuals throughout the Nassau County, Suffolk County, Long Island and New York City areas from our law offices in Woodbury and Dix Hills. We understand how various types of trusts can assist our clients in accomplishing their goals. We utilize our more than a decade of legal experience, as well as more than 15 years of financial planning and 20 years of health care experience. Our team approach gives you the benefit of having your situation examined from a variety of perspectives. Our goal is to tailor the best possible plan for accomplishing all of your goals in the most cost-effective manner possible.
Please visit our Benefits of Retaining Our Firm page for additional information about how we are uniquely qualified to assist you with your revocable trust or irrevocable trust matter in New York.
Experienced Revocable Trusts, Irrevocable Trusts and Special Needs Trusts Attorney in Nassau County
A trust may help you avoid probate and having your assets tied up for a prolonged period of time. In addition, trusts can serve to protect assets from creditors or personal liability, which is especially important if you have a family member with special needs.
To determine the best and most cost-effective manner of estate planning and using trusts to meet your goals, you should speak with one of our qualified attorneys. Trusts are not for everyone. In some cases, it may be more cost-effective to allow your estate to go through probate, rather than spend the money on creating a revocable or irrevocable trust. We can provide you with the information and advice you need to make these important decisions.
We have extensive experience with a wide range of revocable and irrevocable trusts, including:
- Medicaid Trusts
- Special Needs Trusts
- ABC Trusts
- Life Insurance Trusts
- Limited Term Trusts
- Family Trusts
Trusts, including a Medicaid trust, can be used as a tool for effective Medicaid planning and elder care planning. Of course, you should start planning as soon as possible. The more you plan in advance, the more options you will have.
Contact a Full Service Woodbury Revocable Trusts Attorney and Irrevocable Trusts Lawyer
Get the information you need and the sound advice you seek to make important financial decisions about your estate planning, Medicaid or special needs matter by scheduling a confidential consultation with a full service law firm that will tailor its representation to meet all your health care, estate planning and elder care needs. Call us 516-692-2744 or, if you prefer, fill out our intake form and we will contact you. Let our family help your family.