Elder Lawyer Brooklyn

We understand the importance ofrneffective communication with our clients. We keep you informed, and we workrnclosely with your family and business to follow the latest trends in estarernplanning and are able to take advantage of the latest tax developments. We workrnclosely with your advisors to make sure that your estate plan is integratedrnwith your business and retirement goals. 

As long as you are acting as trustee,rnyou must act with prudence and fairness. Since you are taking care of thernassets for the beneficiary, you are responsible for doing the best you can tornavoid waste of assets, and you must grow assets. Many people worry that theyrncould get in trouble should they make a bad decision, but that is not the case.rnAs long as there was no ill intent, and it was a reasonable decision at therntime that it was made, there won’t be any penalties. Trustees do, however,rntypically manage assets conservatively to ensure assets will be there for thernbeneficiaries when the time comes.

You have worked hard throughout yourrnlife to build up your estate, so it is important to do everything you can tornprotect what you have earned. Part of any good estate plan is going to bernevaluation of your exposure to creditor liabilities or litigation risks. Therernare many different threats to your assets, and planning for all of them can berndifficult. Our team can help by analyzing your particular situation and takingrnsteps to protect your family from the most likely risk that may present itself.