Welcome to Avvo. I hope this personal bio may offer you some insight as to selecting... more
Welcome to Avvo. I hope this personal bio may offer you some insight as to selecting an attorney. By way of backgroung, I have been in private practice since 1996. I formerly worked at the Ocean county Surrogate's Office in Toms River, New Jersey as Staff Attorney and then Special Deputy Surrpogate. I processed all application in the Superior Court part of the Court. In private practice, I... 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.