Fratello Law

Trust Attorney in East Meadow, NY

Protect Your Legacy Without Probate Delays

Your family deserves immediate access to what you’ve built, not months tied up in court proceedings.

Living Trust Creation East Meadow

Keep Your Assets Private and Protected

When you establish a properly funded trust, your family gets what matters most: certainty. No probate court delays that can stretch over a year. No public records exposing your private affairs to anyone who wants to look.

Your assets transfer directly to your loved ones according to your exact wishes. If you become incapacitated, your chosen successor trustee steps in immediately—no costly guardianship proceedings that can drain your estate by tens of thousands of dollars.

The difference is immediate access versus months of legal uncertainty. Your family faces enough during difficult times without adding bureaucratic delays to their burden.

East Meadow Trust Lawyer

Local Knowledge You Can Trust

We have been serving Long Island families through their most important legal transitions for years. We understand the unique challenges East Meadow residents face—from protecting family homes worth over $600,000 to navigating New York’s complex Medicaid rules.

Our approach is straightforward: we listen first, then create solutions that actually work for your specific situation. We offer home visits because we know that discussing your family’s future is easier in familiar surroundings.

You’re not just another case file. We take time to understand your family dynamics, your concerns about long-term care costs, and your goals for the next generation.

Trust Administration Process East Meadow

Clear Steps, No Surprises

We start with a comprehensive consultation to understand your assets, family situation, and goals. This isn’t a sales pitch—it’s a genuine assessment of whether a trust makes sense for your circumstances.

Next, we design your trust structure. Living trust, irrevocable trust, or asset protection trust—each serves different purposes. We explain the differences in plain language and recommend what fits your needs, not what generates the highest fee.

After you approve the plan, we draft your trust documents and guide you through the funding process. This means actually transferring your assets into the trust—the step many attorneys skip but that’s crucial for everything to work properly.

Finally, we provide ongoing support. Laws change, family situations evolve, and your trust may need updates. We’re here for the long term, not just the initial setup.

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Asset Protection Trusts East Meadow

Comprehensive Trust Solutions for Long Island

Our trust services address the specific concerns of East Meadow families. With the median home value exceeding $640,000 and many residents nearing retirement, asset protection isn’t optional—it’s essential.

We create revocable living trusts that let you maintain control while avoiding probate. For Medicaid planning, we establish irrevocable trusts that protect your assets from nursing home costs while preserving eligibility for benefits. Special needs trusts ensure disabled family members receive care without losing government assistance.

Each trust is customized for New York law and your family’s unique situation. We handle everything from basic revocable trusts to complex multi-generational planning strategies. Our bilingual services in Spanish and Italian ensure every family member understands the plan.

What's the difference between a revocable and irrevocable trust in New York?

A revocable trust lets you maintain complete control over your assets during your lifetime. You can modify, revoke, or change beneficiaries anytime. It avoids probate but doesn’t protect assets from creditors or qualify you for Medicaid. An irrevocable trust requires you to give up direct control over the assets. Once established, changes are limited. However, it provides asset protection from creditors and can help you qualify for Medicaid while preserving your estate for your family. The choice depends on your priorities: flexibility versus protection. Most East Meadow families benefit from starting with a revocable trust and adding irrevocable components as needed for specific goals like Medicaid planning.
Trust creation costs vary based on complexity, but the investment is typically far less than probate expenses. A basic revocable living trust for a married couple usually costs between $2,500 and $4,500. More complex irrevocable trusts for asset protection or Medicaid planning range from $4,000 to $8,000. Compare this to probate costs, which often exceed $15,000 to $25,000 for a typical East Meadow estate. Factor in the time delays, public exposure, and family stress that probate creates, and the trust investment pays for itself. We provide transparent pricing upfront with no hidden fees. Our goal is to create a plan that protects your family’s future, not maximize our billing hours.
Yes, but timing is crucial. Assets transferred to a properly structured irrevocable trust more than five years before applying for Medicaid are protected from the lookback period. This means starting your Medicaid planning early is essential. For East Meadow residents, this is particularly important given local nursing home costs that can exceed $15,000 per month. Waiting until you need care eliminates most planning options and puts your family home and life savings at risk. We help families create Medicaid asset protection trusts that preserve eligibility while protecting assets. The key is understanding New York’s specific rules and creating a plan that works within those requirements while meeting your family’s needs.
Most trusts remain valid when you relocate, but different states have varying laws that could affect administration and taxation. Some states don’t recognize certain trust provisions that are valid in New York, while others may offer better tax advantages. Before moving, we review your trust documents and recommend any necessary modifications. This might include changing trustees, updating beneficiary designations, or restructuring certain provisions to comply with your new state’s laws. Many East Meadow families retire to Florida or other states with no state income tax. We coordinate with attorneys in your destination state to ensure your trust continues protecting your assets and achieving your goals regardless of where you live.
Proper funding means your assets are actually owned by the trust, not just mentioned in the documents. Your bank accounts, investment accounts, and real estate should be titled in the trust’s name. Life insurance policies should name the trust as beneficiary where appropriate. Many families create trusts but never complete the funding process, which defeats the entire purpose. Unfunded trusts don’t avoid probate, don’t provide asset protection, and don’t accomplish any of the goals you’re paying to achieve. We provide a comprehensive funding checklist and work with your financial institutions to ensure everything is properly transferred. We also conduct periodic reviews to catch any new assets that need to be added to the trust.
Revocable trusts can be modified or revoked entirely at any time during your lifetime. You can change beneficiaries, update distribution terms, add or remove assets, or even dissolve the trust completely if your circumstances change. Irrevocable trusts are much more restrictive, but they’re not necessarily permanent. New York law allows certain modifications with beneficiary consent, court approval, or through specific trust provisions we can include during the drafting process. The key is working with an attorney who understands both the current law and potential future changes. We draft trusts with flexibility provisions that allow for modifications when circumstances change, while still achieving your asset protection and tax planning goals.