Remainder Trust Lawyer | Serving Mamaroneck, NY
Your Trust Needs Are Important.
The law firm of Bashian & Farber, LLP, is the firm to select when you have important legal matters related to your family or business. The firm's attorneys approach complicated legal issues using experience and creativity to develop legal solutions tailored to your specific needs, objectives and interests. Our legal team is devoted to handling every aspect of every …
If you have created an irrevocable trust for a charity during your lifetime and want the profits or remainder from that trust to go to you or another beneficiary of your choosing then creating a remainder trust is a great option for you. A skilled Mamaroneck remainder trust attorney can help you prepare the appropriate legal documents.
While specific benefits and requirements may vary by state, in general a remainder trust permits the donor of the property to continue use of the property and even derive income from it while he or she is alive. Upon the donor's death, the trust assets pass to the charity designated in the trust.
In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.
Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.
For most consumer legal issues, the size of the practice is much less important than the experience, competence, and reputation of the attorney(s) handling your case. Among the most important factors when choosing an attorney are your comfort level with the attorney or practice and the attorney's track record in bringing about quick, successful resolutions to cases similar to yours.
Pro se - This Latin term refers to representing yourself in court instead of hiring professional legal counsel. Pro se representation can occur in either criminal or civil cases.
Statute - Refers to a law created by a legislative body. For example, the laws enacted by Congress are statutes.
Subject matter jurisdiction - Requirement that a particular court have authority to hear the claim based on the specific type of issue brought to the court. For example, the U.S. Bankruptcy Court only has subject matter jurisdiction over bankruptcy filings, therefore it does not have the authority to render binding judgment over other types of cases, such as divorce.
Lead Counsel's objective process independently verifies attorney records, conferring with state bars across the country and conducting annual reviews to confirm that the attorney practices in the legal categories as indicated, possesses a valid bar license, and is eligible to practice in the specific jurisdiction.