Hamden

Hamden, NY · Real Estate
foresthillmessenger.com
Syracuse Estate Planning Attorney William P. Davies Explains the Differences Between Living Trusts and Testamentary Trusts in New York
SYRACUSE, NY - October 20, 2026 - Families in Central New York weighing how to structure their estate plans often face a fundamental choice between two commonly used tools: living trusts and testamentary trusts. Syracuse estate planning attorneys Frederick P. Davies and William P. Davies of Davies Law Firm (https://davieslawfirm.com/living-trust-vs-testamentary-trust-new-york/) have released guidance explaining how these two trust types differ in New York, including when each takes effect, how probate applies, and what each may cost. The central distinction, the attorneys note, comes down to timing and its effect on probate, privacy, control, and inheritance.
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