The career of Lawrence Pohly, spanning over thirty years, includes serving as outside counsel to public and private companies, family businesses and individuals. He also served as in house general counsel and corporate secretary to several middle ...
Practice areas & skills: Trusts, Contracts & Agreements, Estate Planning, Real Estate, Commercial
Review: “I have known Michael Greeneberg for 20 years. He has handled the closing of my business worked ore than the normal hours to make that happen. Also gave a lot of advice. He is a down to earth person and also tough”
Practice areas & skills: Trusts, Tax, Real Estate, Wills & Living Wills, Corporate & Incorporation
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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.