Ensure your assets are protected with a well-structured trust

New York trust lawyer

New York Trusts – Secure Your Legacy with an Estate Plan

Planning for the future ensures your assets are protected and smoothly transferred to your loved ones. A trust is a powerful legal tool that helps individuals and businesses manage their wealth, minimize taxes, and avoid probate. Our law firm has experience in trust creation and estate planning, offering personalized solutions that align with New York State laws and federal regulations.

Types of Trusts We Handle

Revocable Trusts

A revocable trust allows you to maintain control over your assets while ensuring a seamless transfer to beneficiaries. You can modify or cancel the trust at any time during your lifetime. This option helps avoid probate while maintaining privacy.

Irrevocable Trusts

An irrevocable trust cannot be changed or revoked once established. While this means giving up direct control, it provides asset protection, tax advantages, and Medicaid planning benefits. This type of trust is commonly used for wealth preservation.

Special Needs Trusts

A special needs trust ensures that a disabled loved one continues to receive government benefits like Medicaid and Supplemental Security Income (SSI) without jeopardizing their eligibility. These trusts allow family members to provide financial support without disrupting essential aid.

Why Create a Trust?

  • Avoid Probate: Trusts bypass probate court, ensuring a faster and private transfer of assets.
  • Asset Protection: Protect assets from creditors, lawsuits, and unforeseen financial issues.
  • Tax Benefits: Certain trusts reduce estate and income taxes for beneficiaries.
  • Control Over Distribution: Specify how and when beneficiaries receive their inheritance.
  • Incapacity Planning: A trust ensures a designated trustee manages assets if you become incapacitated.

New York Trust Laws and Compliance

New York trust laws govern the establishment and management of trusts. Specific legal requirements apply to each type of trust, including fiduciary responsibilities, taxation, and asset transfer rules. Our law firm ensures all trusts comply with New York Estates, Powers & Trusts Law (EPTL) and federal estate planning regulations.

How Our Law Firm Can Help

Our experienced New York trust lawyers provide comprehensive estate planning solutions tailored to your needs. We assist with:

Drafting and structuring customized trusts
Ensuring compliance with state and federal laws
Minimizing estate taxes and protecting assets
Providing guidance on trust administration and trustee responsibilities

Start Planning Today!

Take control of your financial future with a well-structured trust. Contact our law firm today for a consultation with an experienced New York trust lawyer who can help secure your assets and create a solid estate plan.

Our law firm has thousands of testimonials. Below are just a few:

“Mr. Ronald S. Cook is the best lawyer that I have worked with. He is absolutely fantastic. The quality of the service is second to none. He is just at a different level. I am extremely satisfied from his services. Mr. Cook under-promises and over-delivers. I strongly recommend his advice and services.”

“Attorney Cook helped me update my Estate Plan when I relocated back to Long Island from Los Angeles. His assistance was critical since the laws in New York State are significantly different than those in California. He took the amount of time necessary for me to understand most of the intricacies of NY estate planning law, and as a retired engineer, I look to understand pretty much everything there is to know before I put my signature on paper. My customized plan was done well and in a very timely manner. I plan to use his services for any and all future needs where he is experienced. I would recommend anyone to speak to him about your estate planning needs.”

“Ronald Cook helped us with our Estate Planning needs. We had spoken to a few attorneys concerning our Estate needs over the years, but Mr. Cook will be the last. My wife and I were impressed by his willingness to take the time to explain in layman terms all our options. He customized our legal documents to reflect our specific needs and desires. His is not a cookie cutter approach and we highly recommend him.”

Ronald S. Cook “wrote the book” on how to draft a will. 

The book is called “A straight forward guide to drafting your will today” and is available on Amazon.com

CLICK HERE to view the book on Amazon.com

CLICK HERE to view other books authored by Attorney Cook

CLICK HERE to view Attorney Cook’s LinkedIn profile

CLICK HERE to view Attorney Cook’s lecture videos

CLICK HERE for further information about Estate Planning concerns.

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