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Estate Planning Brooklyn

Contact<br>Address: 820 Friel Pl, Brooklyn, NY 11218<br>Phone: (347) 527-9626<br>Website URL:<br>http://estateplanningbrooklyn.com<br>

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Estate Planning Brooklyn

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  1. Estate Planning Brooklyn Contact Address: 820 Friel Pl, Brooklyn, NY 11218 Phone: (347) 527-9626 Website URL: http://estateplanningbrooklyn.com About US A trustee is a person who holds the property in trust for the benefit of beneficiaries listed in the trust agreement. A trustee does not own the property for his own benefit (unless he or she is a beneficiary of the trust as well as trustee). Trustees are held accountable for everything that they do with respect to the trust. They One of the most important legal terms in Estate Planning is a Trust. A trust is an entity formed by trust agreement between Grantor (settlor) and trustee. Grantor (also called settlor sometimes) is a person who creates trust. Please note that the Internal Revenue Code has many complicated rules concerning who is treated as grantor with respect to the trust and, therefore, it is best to contact an income tax specialist or an attorney who can carefully analyze your situation and advise you accordingly.

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