West Oneonta Trusts Lawyers — 2 found

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  1. West Oneonta Trusts Attorney Kurt D. Schulte

    Oneonta, NY Trusts Attorney
    Licensed for 32 years
    Not yet reviewed


  2. West Oneonta Trusts Attorney Ellen Leary Coccoma

    Ellen Leary Coccoma is a member of the firm’s Oneonta office who maintains a general practice in business and individual representation in real estate, trusts and estates,... more
    Licensed for 34 years
    Not yet reviewed


West Oneonta Trusts lawyers

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West Oneonta, NY


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.