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Homestead Exemption New York
Navigating estate planning requires a clear understanding of how property protections work, especially for homeowners in Brooklyn. When considering how best to secure assets, many people ask about the homestead exemption New York provides. Our NYC trust and estate lawyers at Miller & Miller, assist clients with strategies designed to protect their…

How to Set Up a Revocable Living Trust
Planning for the future often raises important questions, and one of the most common is how to set up a revocable living trust. This tool allows individuals and families in Brooklyn to maintain control of their assets during their lifetime while ensuring a smoother transfer to beneficiaries later. Our NYC…

New Home Contract? Now’s the Time to Consider a Trust
You’ve found your dream home and your offer’s been accepted – this is an exciting time! As you approach closing, your agent, attorney, or title company will ask how you’d like to hold the title to the property. While individual ownership is common, placing your new house into a trust…

Are All Trusts Living Trusts?
The word “trust” gets used quite broadly, creating potential confusion. While a “living trust” is a widely discussed instrument for estate planning, it’s crucial to understand that not every trust is a living trust. We’ll break down the key distinctions. What is a Trust? Simply put, a trust is a…

The Elements of a Valid Trust
When creating a trust, it is important to understand the specific roles involved. The grantor is the person who establishes a trust. The designated beneficiary is the person who receives the assets held in trust when the grantor dies. Probate is unnecessary because trust property passes outside the Last Will…

Wills, Trusts, and Estates – What’s The Difference?
A Will is a legal document that controls where your assets go upon your passing. A Will only controls assets that are in your name alone. The will also has to go through a Court process called Probate to give legal authority to the executor (person who fulfils the directions…