Does the Lawyer You Choose for Your Will or Trust Really Make a Difference?
The law office of Paul B. Groman, Attorney at Law, offers a full range of services for individuals and families needing help with issues involving wills, trusts and estate services. We are a community-based law firm located in Brooklyn and serving clients throughout the five boroughs of New York City.
Attorney Paul Groman has experience in all areas of estate preservation, including:
- Wills, new and redrafted
- Living trusts
- Testamentary trusts
- Advance health care directives, living wills
- Powers of attorney
Why Set Up a Trust?
By establishing a trust, you can place assets into the trust and remove them from your estate assets for tax purposes. You have the ability to establish specific criteria for which the money may be distributed from the trust. The person or entity you designate as the trustee will be responsible for overseeing the assets in the trust and has a fiduciary responsibility to ensure the assets are managed according to the terms of the trust. Individual beneficiaries who receive distributions from the trust are responsible for paying taxes for the year the distribution is received.
Estate Administration Assistance for Clients Throughout New York City
If you have been named the executor of a will, family representative or trustee of a trust fund, you have legal responsibilities that can be complex and result in legal difficulties if not handled correctly. Attorney Paul Groman provides experienced legal assistance for people involved in probate and trust matters. If you are the relative of an estate holder who died in New York City but you do not live in the area, our firm can also handle the final probate and estate administration in New York courts.