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Trusts – Do You Need One?

Hilary Topper On Air

Release Date: 10/11/2019

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Planning financially for you and your family’s future can feel daunting, but it doesn’t need to be. A living trust can help put your mind at ease and be an invaluable planning tool. But, do you need one?

In this episode of Hilary Topper On Air, Hilary interviews Frank Buquicchio, Partner of Russo Law Group, P.C., Long Island’s Signature Elder Law, Special Needs and Estate Planning Law Firm.

About Frank

Frank earned his law degree at Hofstra University School of Law and was admitted to practice in 1994. He focuses on the areas of Elder Law, Estate and Trust Planning, Veterans Benefits, Trust and Estate Administration, and Real Estate.

Frank has been designated a Certified Elder Law Attorney (CELA) by the National Elder Law Foundation. He is admitted to the New York State Bar and is a member of the New York State and Suffolk County Bar Associations. He is also a member of the National Academy of Elder Law Attorneys (NAELA) and is on the Board of the New York Chapter of NAELA. Frank is a member of the invitation-only NAELA Council of Advanced Practitioners (CAP). He is a member of the New York State and Suffolk County Bar Associations’ Elder Law Committees (Past Co-Chair), and the Suffolk County Bar Association Surrogate’s Court Committee. In addition, he is on the Board of Directors for the Alzheimer’s Disease Resource Center (Long Island) and the Chair of their Legal Advisory Committee. Frank is also on the Board of the Arthritis Foundation Long Island Chapter.

About the Interview

A Living Trust can be an invaluable planning tool. Trusts can be utilized for a myriad of reasons including avoiding probate and protecting assets from the cost of long term care. They can also be used to protect a loved one who has special needs. It is a common misconception that trusts are “for rich people”. “Rich” is, of course, a relative term, but you do not have to be financially “rich” for a trust to be helpful in your estate plan.

Frank will discuss the topic trusts and answer common questions such as:

  • What is a living trust?
  • What’s the difference between a revocable and irrevocable living trust and when should each be used?
  • How do living trusts work?
  • How can you determine if you need a living trust to protect a loved one with special needs?

About Russo Law Group

The Russo Law Group is comprised of a team of elder law attorneys, estate planning attorneys, and special needs (disability) attorneys have represented the elderly and persons with special needs/disabilities and their families since 1985. In most professional occupations there is no replacement for experience. At Russo Law Group, P.C., our caring and compassionate staff have been involved in literally thousands of cases. Our experience is your protection. To contact Frank or learn more about Russo Law Group, visit https://www.vjrussolaw.com.