It can be done but the standards of distribution must be carefully drafted. Because of this, a creditor may have an opening but it may still be...

You say the policy will be owned by the beneficiary but then say the policy will be in an ILIT. I am assuming you will have the policy owned by...

Any fiduciary (executor or trustee) is required to account if requested. The courts take this very seriously. As the previous answer said, you may...

Your brother can write a will appointing you as his son's Guardian, in most cases the court will go along with this designation. However, if a...

Frank is right. There are numerous strategies to use to minimize the expense. Many of them are fact-dependent. I have seen people spend everything...

You ask a great question. While some states allow attorneys to specialize or get a certification in a particular field of law. However, NY does not...

My Living Trust specifies that a Supplemental Needs Trust be created upon my death for my handicapped son.

Absolutely. There is no limit on the number of SNTs for his benefit. In fact, a stand-alone SNT can save considerable income tax savings as the...

Absolutely. It does not matter where you are in the world, you can still do estate planning. You have to make sure the terms of the trust meet NY...

It is a conflict but not disqualifying. However, the trust may provide a trustee who is a current or future beneficiary cannot participate in...

In NY an attorney must have a retainer agreement signed before filing court papers. If they file and later try to withdraw it could create problems...