Long Island Trust Attorney

Why establish a trust?

In creating a trust, you are essentially giving over control of certain property and assets to another (called a "trustee") for the benefit of a third party (called a "beneficiary"). As the creator, you can establish a revocable trust, which allows you to change or revoke the trust, or an irrevocable trust, which cannot be changed at any time. There are many benefits that a trust can provide for you and your loved ones, including:

• Avoiding probate - Probate is the legal process that relates to administering one's estate after death. Establishing a trust can help your family members avoid probate, which is often extremely costly and time consuming.
• Reducing estate taxes - A trust that is set up in the correct manner can literally save you and your loved ones hundreds of thousands of dollars in estate taxes.
• Protection for your children - Rather than giving your minor children their inheritance immediately after death, a trust allows you to dictate the time and manner in which they inherit your property. In this way, you can ensure that they have reached an age where they will be able to confidently handle the inheritance that you give them.

A Long Island estate planning lawyer can assist you in setting up one or more trusts as part of your estate plan.

Trust Lawyer in Long Island

If you are seeking to establish a trust, the attorneys of Blutter and Blutter are available to assist you. With over 40 years of combined experience practicing estate law, they are well familiar with what is involved in creating a sound estate plan, and they will ensure that your trust is set up in such a way as to provide maximum benefit for your loved ones.

Contact a Long Island trust attorney who can help you in determining what form of trust you should establish in creating your overall estate plan.