Trust Attorney in Jericho, NY

Protect Your Family's Future Today

Skip probate, save taxes, and secure your legacy with professionally drafted trusts designed for Long Island families.

Living Trust Benefits Jericho

Your Assets Protected, Your Family Secure

When you establish a trust with our Jericho office, your family avoids the lengthy probate process that can tie up assets for months or even years. Your beneficiaries receive their inheritance quickly and privately, without court interference or public records.

You maintain complete control over your assets during your lifetime while ensuring seamless transfer to your loved ones. No more worrying about your family struggling financially while waiting for probate to conclude.

Your trust works immediately when you need it most, providing clear instructions for asset management if you become incapacitated and eliminating the need for costly guardianship proceedings.

Jericho Trust Lawyer Services

Local Knowledge You Can Rely On

We have been serving Long Island families since 2012, with a clear understanding of New York’s estate tax laws and local court procedures. Our attorneys know the unique challenges facing Jericho residents, from protecting valuable Long Island real estate to navigating Nassau County’s legal requirements.

We speak your language—literally. Our bilingual team provides services in Spanish and Italian, reflecting our commitment to serving Long Island’s diverse community.

You’ll work directly with trusted attorneys who take time to understand your specific situation, whether you’re planning for retirement, protecting a family business, or ensuring care for a special needs loved one.

Trust Creation Process Jericho

Simple Steps to Complete Protection

Your trust planning begins with a free consultation where we discuss your goals, assets, and family situation. We’ll explain which type of trust best serves your needs—whether that’s a revocable living trust for probate avoidance or an irrevocable trust for tax savings and asset protection.

Next, we draft your trust documents with precise language that reflects your wishes and complies with New York law. Every detail matters, from naming trustees to specifying distribution terms that protect your beneficiaries.

Finally, we help you properly fund your trust by transferring assets like real estate, bank accounts, and investments. This crucial step ensures your trust actually works when your family needs it. We provide ongoing support for trust administration and can modify your trust as your circumstances change.

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Trust Types Jericho NY

Comprehensive Trust Solutions for Every Need

Our Jericho practice creates revocable living trusts that let you maintain control while avoiding probate, and irrevocable trusts that provide maximum asset protection and tax benefits. For Long Island families, this often means protecting the family home from nursing home costs while preserving wealth for the next generation.

We establish special needs trusts that protect disabled family members’ government benefits while providing additional financial support. Asset protection trusts shield your wealth from creditors and potential lawsuits—particularly valuable for business owners and professionals.

Given New York’s steep estate tax rates that can reach 16% on estates over $6.58 million, we design thoughtful trust strategies that can save your family hundreds of thousands in taxes. Our local knowledge means we understand Nassau County property values and help you plan accordingly.

How much does it cost to create a trust in Jericho, NY?

Trust creation costs vary based on complexity, but most families find the investment pays for itself through probate savings and tax benefits. A revocable living trust typically costs more upfront than a simple will, but eliminates probate expenses that can reach 3-7% of your estate value. For a Nassau County estate worth $500,000, probate costs might total $15,000-$35,000, while a properly funded trust avoids these expenses entirely. We provide transparent pricing during your free consultation, so you understand all costs before moving forward. Complex trusts with tax planning features require more legal work but can save substantial amounts in estate taxes. We’ll analyze your specific situation and recommend the most cost-effective approach for your family’s needs.

What's the difference between revocable and irrevocable trusts?

A revocable trust lets you maintain complete control over your assets during your lifetime. You can modify terms, add or remove assets, and even dissolve the trust entirely. This flexibility makes revocable trusts ideal for probate avoidance and incapacity planning, but they don’t provide asset protection or tax benefits. Irrevocable trusts require you to give up direct control over assets, but offer powerful benefits in return. They protect assets from creditors, reduce estate taxes, and can help you qualify for Medicaid while preserving wealth for your family. Once established, these trusts generally cannot be changed. Most Long Island families benefit from revocable trusts for basic estate planning, while those with larger estates or specific protection needs often use irrevocable trusts. We’ll help you determine which approach best serves your goals and circumstances.

How long does the trust creation process take?

Most trust documents are completed within 2-3 weeks after your initial consultation, depending on the complexity of your situation. Simple revocable living trusts move faster, while sophisticated irrevocable trusts with tax planning features require more time for proper structuring. The funding process—transferring assets into your trust—typically takes another 2-4 weeks. This includes retitling real estate, updating bank accounts, and changing beneficiary designations on retirement accounts and life insurance policies. We work efficiently while ensuring every detail is correct. Rush services are available for urgent situations, and we’ll provide a realistic timeline during your consultation. Remember, a properly prepared trust lasts for generations, so we take the time needed to get it right.

Can I still control my assets after creating a trust?

With a revocable living trust, you maintain complete control over your assets during your lifetime. You serve as the initial trustee, managing investments, spending money, and making all financial decisions exactly as you did before. The trust is essentially invisible to you in day-to-day life. You can buy and sell assets, modify trust terms, or even dissolve the trust entirely if your circumstances change. The trust only becomes irrevocable upon your death or incapacity, at which point your chosen successor trustee follows your written instructions. Irrevocable trusts work differently—you give up direct control in exchange for asset protection and tax benefits. However, we can structure these trusts to preserve certain powers, such as the ability to change trustees or modify distribution terms within limits. The key is proper planning that balances control with protection.

What happens to my trust if I move from Jericho?

Your New York trust remains valid if you relocate to another state, but you may need modifications to comply with your new state’s laws. Different states have varying rules about trust administration, taxation, and beneficiary rights that could affect your trust’s effectiveness. We recommend reviewing your trust documents whenever you move, especially to states with different estate tax structures. Some states don’t recognize certain New York trust provisions, while others offer additional benefits not available here. If you’re planning a move, we can help structure your trust to minimize complications. We also maintain relationships with qualified attorneys in other states and can facilitate the transition of your legal representation while ensuring continuity of your estate plan.

How do I know if I need a trust or just a will?

Most Long Island homeowners benefit from trusts because real estate must go through probate with a will-only plan. If you own property in Nassau County worth $400,000 or more, probate costs and delays often exceed the expense of creating a trust. Trusts make sense if you value privacy, want to avoid probate delays, or need incapacity planning. They’re essential for business owners, anyone with substantial assets, or families with special needs members. Wills work for simple situations with minimal assets, but offer no protection during your lifetime. The decision often comes down to your priorities: wills are simpler and cheaper initially, but trusts provide comprehensive protection and long-term benefits. During your free consultation, we’ll analyze your specific situation and recommend the most appropriate approach for your family’s needs and goals.

Local Resources

Jericho, NY is located in Nassau County in New York State

Trust Attorney in Jericho, NY

Protect Your Family's Future Today