• Help Protect Mom & Dad

    Life care planning can provide the ultimate protection for you and your family.

    Get a Plan in Place
  • Protect
    Your Assets

    Protect what is yours by hiring a qualified attorney to create a plan for you.

    How We Can Help
  • Why Is a Will Important?

    You don't have to be rich to have a will - we can help you explore your options.

    What Do I Need to Know?
  • Get a Free Consultation

    Take the first step and contact us online or by phone to request a free case evaluation.

    Get Started

Nassau County Trusts Attorney

Establish Your Trust. Contact Us Today At (516) 712-2142.


Reasons To Choose Us

We Provide Free Case Consultations
We Have 20+ Years Of Experience
We Offer Personable & Friendly Services
We Have An Exceptional Track Record
We Build Customized Plans To Fit Your Objectives
We Genuinely Care About Your Family's Well-Being
We Deliver Unparalleled Legal Representation

A trust may be a valuable tool if you are considering or currently undergoing an estate plan that addresses asset protection, taxes and Medicaid planning. You can address various needs with a well thought out trust. Our Nassau County elder law attorney can assist you in accomplishing this. We help clients of all ages throughout Long Island, Queens, Nassau and Suffolk Counties in New York, providing personalized and knowledgeable legal counsel in all areas of elder law.

Revocable and Irrevocable Trusts

A trust is a type of separate legal entity that can hold title to property for the benefit of one or more persons or entities. People establish trusts for many reasons:


Qualifying for Medicaid
Providing for family members that are minors or incapacitated
Providing restricted access to assets
Avoiding Federal and State estate taxes
Asset protection
Estate planning
Streamlining probate

The person who sets up a trust is called a Grantor. The person or entity that controls the trust and is responsible for managing its assets is called the trustee. The trustee holds the legal title to the property that is in the trust. This means that the trustee can only use the assets and proceeds from the trust property for the benefit of the beneficiaries of the trust, never for his or her own profit. However, the grantor can make him/herself the beneficiary.

A trust can be made "inter vivos" (created during the grantor's lifetime) or may be a testamentary trust that is set up by a will and does not come into being until after the grantor's death. Trusts are also revocable or irrevocable. While a revocable trust can be revoked and the grantor can reclaim the trust assets, an irrevocable trust cannot be rescinded once it has been set up.

Nassau County Elder Law Lawyer

The Virdone Law Firm, P.C. can guide you through the often confusing process of deciding which trust best serves your needs. Trusts are not just for the wealthy, in fact they are just as important for those who cannot afford to lose whatever they spent their lifetime acquiring.


Contact a Nassau County elder law Lawyer at our law firm today.


  • Help Protect Mom & Dad

    Life care planning can provide the ultimate protection for you and your family.

    Get a Plan in Place
  • Protect
    Your Assets

    Protect what is yours by hiring a qualified attorney to create a plan for you.

    How We Can Help
  • Why Is a Will Important?

    You don't have to be rich to have a will - we can help you explore your options.

    What Do I Need to Know?
  • Get a Free Consultation

    Take the first step and contact us online or by phone to request a free case evaluation.

    Get Started

Contact Us

The Virdone Law Firm, P.C.
Nassau County Elder Law Attorney
Located at: 900 Merchants Concourse,
Suite 212,

Westbury, NY 11590
View Map
Phone: (516) 712-2142
Local: (516) 570-3875
Fax: (516) 222-5111
Website:
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Disclaimer

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.