Estate planning for affluent New York families — revocable and irrevocable trusts, dynasty structures, the New York estate tax cliff, trustee selection, and the planning mistakes that cost families millions.
The most common — and most expensive — estate planning mistakes high-net-worth New Yorkers make, and how to avoid them. A practical guide from a Long Island attorney.
Revocable or irrevocable trust? The choice affects your taxes, your creditors, and your control. A New York attorney explains when each one actually makes sense.
New York's estate tax cliff can cost a family millions for being slightly over the exemption. A New York attorney explains the rule and the strategies that avoid it.
Choosing a trustee is harder than choosing a beneficiary. A New York attorney explains the tradeoffs between family, professional, and corporate trustees — and how to avoid costly mistakes.
Dynasty trusts can protect family wealth across generations from estate tax, creditors, and divorce. A New York attorney explains how they work and when they make sense.