Living Trusts Attorney In New York
What Is A Living Trust?
A living trust is an estate planning tool that you can create and fund during your lifetime. Unlike a testamentary trust, which only takes effect after your passing, a living trust allows you to manage and protect your assets while you are still alive.
With a living trust, you maintain full control over the assets it holds — just as if they were in your own name — while providing a clear, cost-effective way to ensure your loved ones are cared for in the future. This approach can also help your heirs avoid the time and expense of probate, offering a smoother and more private transfer of assets.
Maitreyee Mopalwar works with clients to establish living trusts tailored to their needs, helping them achieve financial security and peace of mind. Contact Mellorah Law PLLC today to learn more about how a living trust can become part of your comprehensive estate plan.
Call Mellorah Law PLLC at 646-640-0335 to schedule a consultation with a lawyer today.
What Benefits Do Living Trusts Provide to My Heirs?
A living trust allows you to provide for your children or other heirs without the need to go through probate — a process that can be time-consuming, expensive, and stressful. Probate often takes months or even years to complete, and for families who live far away, it can become an added burden during an already difficult time.
By establishing a living trust, you can help your heirs avoid these challenges and even reduce their tax obligations, easing financial strain when they should be focused on healing and moving forward.
Maitreyee Mopalwar helps clients design living trusts that reflect their goals and protect their loved ones’ futures.
Schedule a consultation today with Mellorah Law PLLC
to learn how a living trust can simplify the estate process and bring peace of mind to you and your family.
Does a Living Trust Benefit Me Now?
In addition to allowing you to maintain full control over the assets you place in it, a living trust can also help protect your interests if you become disabled or unable to manage your own affairs. Without a living trust or a financial power of attorney, a probate court may need to step in to determine how your assets and care are managed — a process that can be stressful and time-consuming for your family.
By creating a living trust, you can appoint a trustee — often a trusted friend or family member — to manage your assets and ensure your needs are met if you become incapacitated. Because a living trust is revocable, you can amend its terms or even dissolve it entirely as your circumstances or goals change.
A well-drafted living trust is one of the most effective ways to ensure that those you care about can manage your assets according to your wishes if you are no longer able to do so yourself. Contact Mellorah Law PLLC today to learn more about how a living trust can bring you and your loved ones lasting peace of mind.
Need Help with Estate Planning?
Call Mellorah Law PLLC at 646-640-0335 to discuss your estate plan with Attorney Maitreyee Mopalwar. She’s here to help you protect what matters most.