Protecting Your Assets, LLC was founded by Attorney Stephen T. DiGregorio to help... more
Protecting Your Assets, LLC was founded by Attorney Stephen T. DiGregorio to help you protect the things that matter most to you: your family, your home, your money and other personal property, and your future health needs. We are a boutique firm providing estate planning, elder law, and asset protection legal services that will allow you to avoid probate, shield your assets from potential cred... 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.