The Best Trust Administration Attorneys in NYC
If you or a loved one has taken the time to set up a trust in NYC, you’re on the path to protecting your assets in one of the most responsible and financially optimal ways possible. On the flip side, if you are planning on going it alone, you might be in for a rocky road!
Administering a trust here in NYC can come with endless paperwork, tricky unique laws, and miles of red tape that can slow down the process of getting the money you deserve. Let our team of trust administration attorneys handle all the dirty work so you can focus on getting your assets in the right hands.
Why Hire a Trust Administration Lawyer in NYC?
While many New Yorker’s make the mistake of thinking that their trusts are simply delegated once assigned, there is a tremendous amount of legal complication that can make trust administration a nightmare. Some of the most common missteps that un-trained trustees face include:
- Not accounting for taxes and government regulations on trusts
- Failing to outline the full scope of an asset’s handoff to a trustee
- Failing to provide notice of their own appointment and thus forfeiting their rights
- Not taking advantage of state programs that allow for greater percentages of asset value to be protected
The Morgan Legal business succession planning team has been helping individuals like you make the smart calls for their wealth and avoid seemingly innocuous decisions that could have catastrophic effects for decades now. Protect yourself today, plan for tomorrow.
Our law firm has the highest wins ratio percentage among all other New York legal practices.
Working With Our Trust Administration Specialists
With years of experience in the business of helping NYC residents plan, manage, distribute and execute trusts, the Morgan Legal Group has turned the science of trust management into an art form. We’ll meet with you 1:1 to learn about your current assets, your future goals, and your specific trust administration needs.
FAQ’s About Administering a Trust in New York
Have questions about trust administration or our team of attorneys? Take a look at some of our most common questions and get in touch with our team:
Still open questions?
Trust administration is simply about managing the terms and outcomes of your trust and making sure all loose ends are properly tied. Without a solid administrator, your trust can very easily be deemed void, changed without your consent, or simply passed into the wrong hands.
Likely, yes. Setting up a trust and administering it are two very different steps. While setting up your trust is essential, administration helps protect it from interference or unwanted change.
We will work as a trusted administrator for your trust for the duration of its existence. We check in frequently, manage any new items, and maintain contact through transfer of your trust should you need it.
Time and time again we’ve provided unbeatable support for our clients and time and time again they have given stellar reviews. You don’t become one of the best trust administration attorneys in NYC by accident! Simply put, the proof is in the results.
We take every measure to make our services affordable and keep your time and resources in mind. We work fast, we do our diligence, and we work with you to settle on a budget that works for you. No matter what, we ensure that what you pay now pales in comparison to the costs your business will incur if you don’t have a proper plan in place.