John Ciafone | Queens Scene

QueensScene I am unsure as to whether I should do a will or a trust. Can you ad-vise? Either a will or a trust is used to administer the estate of the decedent. Both documents are necessary for almost everyone. However, the trust is perhaps your best option. The trust avoids often unnecessary and outrageous legal fees, the need for court filings and appearances, chal-lenges by potential beneficiaries which will eat up the estate in costs and make your matter a public concern. The trust is private, avoids costly legal fees and court battles, saves the estate significant money and aggravation from frivolous challenges, and administers the estate almost immediately at the time of death. It avoids battles and contentious challenges. Regardless of the value of your estate, a trust is by far the best and smartest tool in your arsenal to ad-minister your estate. Not just the rich and famous use the trust vehicle but sharp people realize the jewel of creating the trust to protect the assets of the estate and the speed of completing the bequests. Furthermore, advanced planning can consist of several trusts and even a will if items are left out of the trust. “ON THE LAW” with JOHN J. CIAFONE, Esq. Attorney & Counselor at Law 25-59 Steinway St./Suite 2F, Astoria (718) 278-3900 SERVING THE NEEDS OF OUR COMMUNITY 24 HOURS/7 DAYS If you have any questions; please Call: John J. Ciafone, Esq. Question: Answer: <pagedata>29:0.0699116066:0.918142319:0.943573236:0.0831076279</pagedata>