A local attorney has been helping seniors, families, and individuals with special needs learn how to manage their assets.<\/p>\n
Marjorie Varrichio has been guiding Bronx residents for over 30 years.<\/p>\n
Between creating supplemental needs trusts to creating estate plans, Varrichio says she encourages the idea of learning the benefits of a trust.<\/p>\n
“I think that knowledge is power. And thought about plans for the future is always great because that means we’re prepared,” she says.<\/p>\n
Varrichio says there are many benefits to a trust depending on your living situation.<\/p>\n
“Sometimes people have children living with them, disabled children, and they don’t want there to be any sort of a snafu with the house or where the rest of the family is going to be living. And the trust can, in a very detailed way, spell things out,” she says.<\/p>\n
For those wondering if they or their family could benefit from a trust, Varrichio says being educated is the most important thing.<\/p>\n
“A lot of people, especially in the Bronx, you have people who have worked, as I have every single day, juggle with kids, and they just don’t want to lose everything,” she says.<\/p>\n