Stephen has nearly 25 years of experience as an estate planning, trust and elder law... more
Stephen has nearly 25 years of experience as an estate planning, trust and elder law attorney over which time he has represented people from all walks of lifeas well as fellow attorneys, and members of the judiciary; in trust, estate and elder law matters.
~ Helping Good People Through Bad Times ~ Call for a FREE initial consultation The... more
~ Helping Good People Through Bad Times ~ Call for a FREE initial consultation The Law Office of DENNIS JAMES BALSAMO, A Professional Law Corporation maintains the motto “Helping Good People Through Bad Times.” To us, this is more than just a motto. It is the driving force behind our representation of every client we are privileged to serve. YOU WILL NOT BECOME JUST A CASE NUMBER TO OUR FI... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.