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Albany Trusts and Estates Lawyer

Richard A. Frankel, Esq.
Richard A. Frankel, Esq.
rfrankel@icrh.com
518.621.0140

Iseman, Cunningham, Riester & Hyde LLP

9 Thurlow Terrace
Albany, NY 12203
United States

Consult with a Proven Albany Trusts and Estates Lawyer

The proven Albany estate lawyers at the Iseman, Cunningham, Riester & Hyde LLP law firm are experienced in the effective resolution of estate lawsuits and claims as related to the defense of estates and trusts. Albany estate attorneys are knowledgeable in all areas of general estate law, including but not limited to instances of estate bankruptcy, living trusts and retirement planning in Albany New York.

Contact an Albany Trusts and Estates Attorney with
Experience Litigating Many Types of Incidents:

  • Decedents Estate
  • Estate Bankruptcy
  • Family Trusts
  • Litigation
  • Living Trusts
  • Powers of Attorney
  • Probate
  • Special Needs Trusts
  • Trusts and Estates
  • Unclaimed Property

An Albany estate lawyer is professional and knowledgeable in understanding the details, facts, complications, and circumstances that arise in an Albany trusts and estates case.

Experienced Albany Trusts and Estates Attorney

Trusts are estate-planning tools that can replace or supplement wills; as well as help manage property during life. A trust manages the distribution of a person’s property by transferring its benefits and obligations to different people. There are many reasons to create a trust, making this property distribution technique a popular choice for many people when creating an estate plan.

The basics of trust creation are fairly simple. To create a trust, the property owner (called the “trustor,” “grantor,” or “settlor”) transfers legal ownership to a person or institution (called the “trustee”) to manage that property for the benefit of another person (called the “beneficiary”). The trustee often receives compensation for his or her management role. Trusts create a “fiduciary” relationship running from the trustee to the beneficiary, meaning that the trustee must act solely in the best interests of the beneficiary when dealing with the trust property. If a trustee does not live up to this duty, then the trustee is legally accountable to the beneficiary for any damage to his or her interests. The grantor may act as the trustee himself or herself, and retain ownership instead of transferring the property, but he or she still must act in a fiduciary capacity. A grantor may also name him or herself as one of the beneficiaries of the trust. In any trust arrangement, however, the trust cannot become effective until the grantor transfers the property to the trustee.

Iseman, Cunningham, Riester & Hyde LLP
The Albany Trusts and Estates Lawyer Source

The Albany estate attorney professionals of Iseman, Cunningham, Riester & Hyde LLP law firm are distinguished by a history of successful estate claim recoveries and resolutions. For defense representation in an estate dispute, contact an Albany estate lawyer with the Iseman, Cunningham, Riester & Hyde LLP law firm in New York.

Iseman, Cunningham, Riester & Hyde LLP

9 Thurlow Terrace
Albany, NY 12203
United States

Contact This Firm

Iseman, Cunningham, Riester & Hyde LLP

9 Thurlow Terrace
Albany, NY 12203
United States

Law Firm Contact: James P. Lagios

Tel: 518.621.0140

Fax: 518.462.4199

Website: www.icrh.com

Member Since: 2010

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