You have worked hard all of your life to acquire your wealth and assets. You want to ensure that after you are gone, they go to the people or organizations of your choice. With good trust planning, you can protect your legacy and ensure your assets are bestowed according to your wishes.

Pierro, Connor & Strauss provides world-class estate and trust planning services. We are passionate about what we do and offer you the benefits of our in-depth knowledge of elder law and legal trusts, as well as our long experience in successfully navigating the difficult family situations that sometimes arise as a result of these matters.

Trusted Counsel for Estate Planning With Trusts

Estate planning goes beyond deciding who receives your assets after you die. It allows you to decide who makes the decisions should you become ill.

Estate planning and trusts can reduce your tax bill, assist family members with special needs, and give you the peace of mind that comes with knowing your financial affairs are in order.

The bottom line is that none of us knows the future. By putting an estate plan in place with the appropriate trusts, you can provide for your loved ones and avoid the mistakes that can happen without such a plan.

At Pierro, Connor & Strauss, we have the expertise necessary to create the right plan for your specific situation.

Albany Trusts Team

Louis W. Pierro, Esq.
Louis W. Pierro
Aaron E Connor
Peter J. Strauss
Carolyn Glynn

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Our Suite of Trust Services

There is no one-size-fits-all when it comes to trust services. Every client has their own concerns and priorities. The New York trust lawyers at Pierro, Connor & Strauss offer trust services to meet a range of needs:

  • Living trust – With a revocable living trust, the trust creator, or grantor, protects their privacy as it is not a public record. Such a trust avoids having their estate go through probate. During their lifetime, the grantor has complete control of the trust and can use the assets as they see fit. Should you become incapacitated, the party named as trustee or successor trustee manages the trust according to its terms.
  • Spendthrift trust – If you have an heir with money management or creditor issues, this trust allows the grantor to limit the beneficiary’s access to the funds left to them. A trustee oversees how and when the beneficiary receives assets. This type of trust offers some protection from creditors.
  • Supplemental needs trust – If you have a family member with a disability, this type of trust protects your loved one by ensuring they can still qualify for financial assistance.
  • Irrevocable life insurance trust – While you are alive, an irrevocable life insurance trust holds your life insurance policy. After your death, the policy’s proceeds go directly to your beneficiaries, tax-free. It is not considered part of your taxable estate.
  • Testamentary trust – This trust goes into effect upon the grantor’s death. Besides financial assets, It can hold real estate, art, antiques, and more.
  • Charitable trust – Receive tax benefits while donating to charities and nonprofit organizations.

Contact Our Albany Trust Attorneys

The time to plan is now. If you would like more information about trust and estate planning, schedule a confidential consultation today with our attorneys at Pierro, Connor & Strauss. We will review your estate planning goals and options and determine the best types of trusts for your particular needs.

Life Happens…..Are You Prepared?

Contact us today for a FREE consultation and we’ll be happy to help take the worry out of tomorrow so you can live today.

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