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Legal Insights Network Archive
Trusts for Non-Citizen Beneficiaries in New York
A plain-English New York guide to trusts for non-citizen beneficiaries and spouses, the QDOT fix, and when to involve an immigration attorney.
How to Choose a Trustee for Your New York Trust
Choosing the right trustee for your New York trust comes down to one practical test: select a person or institution who is trustworthy, financially responsible,
What Does a Trustee Do? Fiduciary Duties Under New York Law
A trustee is the person or institution legally responsible for managing the assets held in a trust for the benefit of others — and under
Do Irrevocable Trusts Save New York Estate Tax?
Yes — a properly drafted and funded irrevocable trust can save New York estate tax, because assets transferred into it are generally removed from your
Irrevocable Trusts and the Medicaid 5-Year Look-Back in NY
If you are wondering whether an irrevocable trust can protect your home and savings from nursing-home costs in New York, the short answer is yes
Trust vs. Will in New York: The Key Differences
The short answer: in New York, a will is a public document that must be filed and probated in the Surrogate’s Court after you die,
Trust Administration After Death in New York
When the person who created a trust dies, the successor trustee steps in to manage and ultimately distribute the trust’s assets — and in New
Further reading from Morgan Legal Group: .