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Tag: trusts

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What to Include in a Will
  • November 22, 2023
  • By Alber Law Group
  • Estate Planning

What to Include in a Will

A last will and testament details how testators want their assets distributed upon their death and make other essential arrangements for their loved ones. It

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Is a Pooled Trust Right for Me?
  • November 20, 2023
  • By Alber Law Group
  • Estate Planning

Is a Pooled Trust Right for Me?

Government programs such as Medicaid and Supplementary Security Income make it easier for people with disabilities and senior citizens to meet their basic needs. However,

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What Is Trust Administration?
  • April 29, 2023
  • By Alber Law Group
  • Estate Planning

What Is Trust Administration?

Naming a trustee is not a decision you can take lightly. Trust administration entails plenty of responsibilities. It is not a job you can leave

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Who Needs a Revocable Trust?
  • March 31, 2023
  • By Alber Law Group
  • Estate Planning

Who Needs a Revocable Trust?

Proper estate planning involves evaluating all the tools available at your disposal. Inevitably, you will need to consider how useful a revocable trust could be

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How Does a Trust Work for Inheritance?
  • February 20, 2023
  • By Alber Law Group
  • Estate Planning

How Does a Trust Work for Inheritance?

Different tools, such as wills, powers of attorney, and trusts, are commonly used for estate planning. However, there is one more estate planning tool, known

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Do Trusts Pay Tax?
  • January 27, 2023
  • By Alber Law Group
  • Estate Planning

Do Trusts Pay Tax?

People set up trusts to preserve their assets and ensure their easy transfer to the designated beneficiaries. For example, you can create a trust in

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How to Set Up a Trust
  • October 30, 2022
  • By Alber Law Group
  • Estate Planning

How to Set Up a Trust

Setting up a trust allows you to preserve assets you want to pass down to your loved ones. In addition, the trust allows your beneficiaries

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When Is Probate Required in New York State?
  • September 22, 2022
  • By Alber Law Group
  • Estate Planning

When Is Probate Required in New York State?

The distribution of assets left behind by a deceased relative seems like it should be a relatively straightforward process, but that is not always the

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The Duties and Responsibilities of an Estate Trustee
  • August 19, 2022
  • By Alber Law Group
  • Estate Planning

The Duties and Responsibilities of an Estate Trustee

Setting up a trust is one way to safeguard your assets before you eventually pass them down to your children and/or grandchildren. While setting it

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Why Estate Planning Is Important
  • July 13, 2022
  • By Alber Law Group
  • Estate Planning

Why Estate Planning Is Important

Planning for the future is prudent and responsible. If you want to adequately prepare for any unforeseen event, you should start estate planning now. Some

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