Trusts & Estates

Trusts and estates is an integral part of our firm’s practice. Our attorneys represent individuals and families in the New York metropolitan area, and also clients who live elsewhere and have property in New York or are responsible for administering New York trusts and estates. Our attorneys are also admitted to practice in Florida and New Jersey and represent clients there. We regularly advise on all of the essential aspects of estate and trust planning, administration, and probate matters, including:

▪ Taxation

▪ Charitable giving

▪ Charitable foundation formation and management

▪ Wealth transfer planning

▪ Business succession planning

▪ Probate

▪ Elder law

▪ Fiduciary disputes

▪ Multi-jurisdictional trust and estate matters

 

Typically, our attorneys work closely with a client’s accounting firm on federal and state income tax issues pertaining to estate and trust matters.

Estate Planning

We have prepared numerous wills and trust instruments, ranging from simple documentation to series of complex interrelated instruments. Our attorneys provide seasoned legal advice and guidance on estate, gift and generation-skipping transfer taxes, fiduciary income taxes, and family wealth transfer planning. We have substantial expertise in a broad range of wealth transfer strategies, including:

▪ Business succession

▪ Entity valuation planning

▪ Asset protection, investment risk reduction, and diversification techniques

▪ Life insurance

▪ Tax-leveraged transaction planning

▪ Qualified personal residence trusts

▪ Grantor retained annuity trusts

 

Estate and Trust Administration

Clients turn to our firm to administer trusts and estates matters from simple to complex. The scope of our estate administration work often includes creative post-mortem tax strategy recommendations to reduce transfer and income taxes, and representation for federal audits of estate tax returns.

Contested Proceedings and Dispute Resolution

Our firm has a significant estate and trust controversy practice. Our attorneys handle disputes for estates, trusts, guardianships, family businesses, and charitable organizations, involving proceedings before tax authorities and litigation ranging from settlement negotiations and mediation to trials and appeals.

Contact Us

For more information about our trusts and estates practice and the range of expertise we offer, please contact one of the firm’s trusts and estates attorneys to arrange a consultation.

 

Trusts and Estates Attorneys

Hollis F. Russell, e-mail hrussell@ackermanlevine.com

John M. Brickman, e-mail jbrickma@ackermanlevine.com

Lauren Elizabeth Touchard, e-mail ltouchard@ackermanlevine.com

Louis A. Cannizzaro, e-mail lcannizzaro@ackermanlevine.com