My practice practice on trusts and estate planning, probate, charitable giving and tax planning for individuals and small business owners. I represent and advise businesses and... more
My practice practice on trusts and estate planning, probate, charitable giving and tax planning for individuals and small business owners. I represent and advise businesses and individuals on a variety of tax and estate planning matters. I also advise small businesses and individuals on matters relating to business and professional entity formation & maintenance, including fiduciary duties issues.
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.