What Every Senior Should Know About Estate Planning
Learn essential estate planning tips for seniors to protect your legacy and ensure your wishes are honored. Discover practical and modern solutions.
Everything You Need to Know About Trusts
A trust is a powerful tool in estate planning, helping you manage and protect your assets both during your lifetime and for future generations. At Anastasio Law Group, we specialize in creating trusts that reflect your goals, simplify asset distribution, and provide financial security for your loved ones.
Why a Trust is Essential
Trusts offer a level of flexibility, control, and protection that goes beyond a standard will. Here’s why they’re a vital part of many estate plans:
Protecting Your Assets
A trust safeguards your assets, ensuring they are used and distributed exactly as you intend.
Avoiding Probate
Bypassing the probate process saves time, reduces costs, and keeps your estate private.
Providing for Loved Ones
Trusts allow you to provide ongoing financial support to family members, including minor children or dependents with special needs.
Minimizing Taxes
Certain trusts can help reduce estate taxes, preserving more of your wealth for future generations.
Maintaining Control
Trusts give you control over how and when your assets are distributed, even after your lifetime.
Our Trusts Services
At Anastasio Law Group, we offer a full range of trust options tailored to your needs.
Revocable Living Trusts
A flexible option that allows you to manage your assets during your lifetime and distribute them after your death.
Special Needs Trusts
Ensure financial support for a loved one with special needs without jeopardizing their eligibility for government benefits.
Testamentary Trusts
Established through your will, these trusts take effect after your passing to manage specific asset distributions.
Irrevocable Trusts
An irrevocable trust provides greater asset protection and tax benefits.
Charitable Trusts
Create a lasting legacy by allocating assets to charitable organizations while providing potential tax advantages.
Asset Protection Trusts
Safeguard your wealth from creditors or lawsuits with a robust protection strategy.
Take Control of Your Legacy
Trusts provide unparalleled security and flexibility for managing your assets. Let Anastasio Law Group guide you in choosing the right trust to protect your family’s future.
What's it Like to Work With Us?
When you choose Michael Anastasio as your Trust attorney, you’re not just getting a lawyer—you’re gaining an advisor who listens, understands, and puts your family’s needs first. Michael’s commitment to clarity and care has made him the go-to attorney for families in both New York and New Jersey.
In this video, Richard, one of Michael’s clients, shares his experience creating a Living Trust and working with Michael to secure his family’s future. Hear firsthand how Michael’s knowledge, patience, and personalized approach made all the difference.
FAQs
Have questions about trusts? We have answers.
Can I change a trust after it’s created?
Revocable trusts can be changed during your lifetime, but irrevocable trusts generally cannot.
Are trusts only for wealthy individuals?
No, trusts are versatile tools that can benefit families of all financial situations.
Do I need a lawyer to create a trust?
Yes, a lawyer ensures your trust is legally sound and aligns with your specific needs and goals.
How is a trust different from a will?
A trust can take effect during your lifetime, avoids probate, and provides greater control and privacy compared to a will.
What is a trust?
A trust is a legal arrangement where a trustee manages assets on behalf of beneficiaries according to specific instructions.
Plan Today for a Secure Tomorrow
Take the next step in protecting your assets and ensuring your family’s future. Anastasio Law Group is here to help.
From Our Blog
