What is a Trust?

There are various forms of Trusts depending on the goals and needs of the person(s) creating the Trust as well as the person(s) whom are beneficiaries of the Trust. A Trust allows a third party, (a Trustee), to hold and direct assets in a Trust on behalf of a beneficiary. Assets in Trusts generally avoid Probate; some Trusts protect assets from long term care costs.

While every clients situation is unique in their circumstances and level of care and financial needs, the team at Falco & Associates, P.C., will assist you in creating a custom tailored Trust and estate plan that will directly address your unique circumstances.