Individuals and families in Buffalo are increasingly turning to the use of trusts to secure their estates and futures rather than relying on wills.
There are many advantages both to the owners of the trusts and their heirs.
First, use of trusts prevents a potentially lengthy probate process or the risk of a contested will that can cost your family time and money and may make your financial affairs a matter of public record.
Trusts also protect you in the event of disability or catastrophic health event.
They can be structured in a way that allows you to access long term nursing home care through Medicaid, and protect your assets from the nursing home and the IRS.
Trusts are an excellent way to ensure that your wealth and property stay within your family and out of the courts.
The attorneys at Friedman & Ranzenhofer help people in Buffalo plan ahead for whatever may come, so you can enjoy your retirement with the security of knowing that your belongings and your loved ones are protected.
Call us today at 716-542-5444 for a free consultation with an experienced Buffalo Trusts and Estates attorney.