Weinstein & Randisi
Phone:585-310-1578
Toll free:800-768-1780

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Help can be had to write a rock-solid trust document

Having an estate plan in place can give you a real sense of peace. Part of that plan can be a trust. A trust can be set up for many reasons. It is a financial vehicle to give or donate money and assets from one person to another person or charity. There are some real tax advantages to having a trust in place.

You aren't taxed by the federal government on trust assets while you are alive. Any funds generated by the trust are taxed, however, and this is an important distinction. The amount taxed could be profit from a business or interest on a savings account or stocks that have increased in value.

When you have an irrevocable trust, the person who sets it up -- called the donor -- doesn't have to pay taxes and this can be so attractive if you are in a high tax bracket. The disadvantage to this type of trust is that if you want to amend it, you must go before the court and request a change.

Having advise from a knowledgeable individual from Weinstein Randisi can be so helpful. We have 50 years of experience in dealing with the area of estate planning and trusts. We are able to advise you as to what the court needs to hear in order to amend an irrevocable trust, along with many other issues that may come up that you need to be informed about.

Trusts can be set up for specific people in your life or for certain charities as well. Your heirs will appreciate the fact that you have left them with property, funds and assets that are well looked after.

If you pass away, are your accounts in order? There is so much information available on the internet it can be confusing. Focusing on the website of Weistein Randisi can make the picture clearer for you.

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  • I wanted to write to say how pleased my wife and I were at your professional handling of our estate planning and preparation of new wills. We were put at ease by your visit to our home for an interview and were pleased that you listened to us and captured the things that we felt were important.

    --Robert and Christine Simonson, Fairport
  • In order to finalize the documents we came to your office and were greeted in a very professional manner and we could not have asked for finer service. We left with copies of everything we needed and feel very confident our needs have been met. Thanks again. We will surely recommend you should the opportunity arise.

    — Christine and Robert Simonson, Fairport
  • I have been working with Weinstein & Randisi for about two years now. Elizabeth Randisi, through a very thorough process, has helped my wife and me determine what is really important in our lives. Thus, we were able to draft a living will that reflected our most important values regarding our estate.

    --David and Ajia Cherry, Fairport
  • I would like to give a testimony for Elizabeth Randisi, an estate attorney with Weinstein & Randisi. Her knowledge of wills and estate planning was clearly demonstrated in her presentation to us. Realizing our need for a will, my husband and I went to see Elizabeth.

    --Kathy and Gary Gray, Webster
  • Filing for Medicaid is never an easy or fun process. However, working with the Weinstein & Randisi firm made the process simple and streamlined. We were able to obtain all files and records regarding Medicaid enrollment within a few days using specially prepared checklists and verbiage recommended by our assigned paralegal.

    --Ajia and David Cherry, Fairport
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Weinstein & Randisi - estate planning

290 Linden Oaks, Ste. 200
Rochester, NY 14625

Toll Free: 800-768-1780
Phone: 585-310-1578
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