Trusts and Estates

Protecting Your Future

We serve our clients as trusted advisors, and we have counseled many of them and their families for decades. We take a customized approach to the analysis of our clients' estate planning needs. With our clients’ long-term financial goals in mind, we develop comprehensive wealth transfer strategies that will minimize future tax impacts and protect our clients’ financial security across generations.

The Trusts and Estates Practice Group guides individuals, families and fiduciaries in the development of practical estate planning strategies. We also provide counsel on more complex matters, including personal and business succession planning, international estate planning, liquidity needs, charitable giving and litigation.

Recognized as leaders in their field, three of our lawyers are Fellows of the American College of Trust and Estate Counsel (ACTEC), an association of distinguished estate planners.

Planning and Administration
Today’s tax rules require more complex planning. In the development of your estate plan, we take into account all aspects of the complex federal and state laws and regulations that affect transfers of wealth. We work closely with the Tax, Corporate and Real Estate Practice Groups to identify optimal strategies for the protection and disposition of your assets. We empower our clients to proactively address special family needs, including the establishment of trusts, premarital agreements and marital dissolutions.

To ensure lasting success, we work with executors, administrators and trustees to oversee the administration of your estate, from probate and administration proceedings to final accountings and distributions.

Charitable Giving
For clients who have philanthropic interests, we advise on the ideal framework for charitable giving and endowments such as lifetime gifts, bequests and charitable remainder trusts. We create tax-exempt family foundations that can keep families together while providing practical vehicles for donations.

We represent fiduciaries and beneficiaries in disputes involving estates, trusts and related businesses. We strive to resolve matters expeditiously and cost-effectively.

Name Title Direct Dial Vcard
Ben-Ami, Andrew R. Partner and Chair of Tax Practice Partner and Chair of Tax Practice 212.216.8025 VCard
Freedman, Robert M. Partner Partner 212.216.8066 VCard
Greenberg, Lester A. Counsel Counsel 212.216.8033 VCard
Lombardo Holt, Marie Trust Administrator Trust Administrator 212.216.1106 VCard
Lutzky, Barry I. Partner Partner 212.216.8068 VCard
Palumbo, Joann T. Partner Partner 212.216.8015 VCard
Roizin, Rosanna Partner Partner 212.216.1183 VCard
  • Our Top 10 Legal Alerts from 2021
    December 30, 2021

    As we start a new year, we would like to share with you some of our most popular legal alerts from 2021. Our top alerts range from bankruptcy, real estate, COVID-19, labor & employment, healthcare, immigration, trusts & estates, corporate & securities, litigation, and intellectual property, reflecting the broad array of our full-service capabilities. 

  • Naming Beneficiaries on Financial Accounts: Advantages and Disadvantages
    January 11, 2021

    More and more, people are being advised to add “transfer on death” designations to their non-IRA brokerage assets. This increasingly popular tool has both benefits as well as detractions and is best used only in certain circumstances. Our alert below provides an overview of the designations and explores how and when they can be used most effectively.

  • Our Top 10 Legal Alerts from 2020
    December 21, 2020

    As we start a new year, we would like to share with you some of our most popular legal alerts from 2020. Our top alerts range from bankruptcy, construction, COVID-19, labor & employment, immigration, trusts & estates, corporate & securities, litigation and intellectual property, reflecting the broad array of our full-service practice. We hope that our alerts have been helpful to you and your colleagues, and demonstrate our commitment to providing important information to you.

  • TIPS for Parents and College Students: Add Health Care Advance Directives to Your School Packing List
    August 26, 2020

    As students return to colleges and universities across the United States amid COVID-19 concerns, students, their parents and their families should ensure that arrangements for the student’s medical decision-making for an emergency are made. These arrangements will protect the student if they cannot make medical decisions for themselves and ensure that their loved ones will be entitled to receive protected Medical information. It is important, and often forgotten, that anyone over the age of 18 is legally an adult and can no longer rely on the legal authority of their parents as their legal guardian to help them make medical decisions.

  • Getting your Life and Estate Planning Documents in Order during a Health Crisis
    May 4, 2020

    As the world searches for a new normal, it is more important than ever to make sure that the interests of you and your loved ones are properly protected. We have compiled the below list of the basic life and estate planning documents that we recommend every adult (individuals over 18) have in place.

  • Our Top 10 Legal Alerts from 2019
    January 15, 2020

    As we start a new year, we would like to share with you some of our most popular legal alerts from 2019. Our top-read alerts range from construction, labor & employment, tax, immigration, trusts & estates, cooperatives & condominiums, real estate, corporate & securities, litigation and intellectual property, reflecting the broad array of our full-service practice. We hope that our alerts have been valuable to you and your colleagues, and demonstrate our commitment to providing helpful information to you.

  • How The SECURE Act Will Affect Your Retirement Accounts
    December 24, 2019

    The SECURE Act was enacted into law. It is effective on January 1, 2020. The Act makes significant changes to the existing landscape of retirement accounts.

  • What You Need to Know About Giving Annual Gifts to Children and Grandchildren
    June 5, 2019

    Many of our clients like to make annual gifts to their children and grandchildren. Such gifts may be subject to a gift tax (to be paid by the donor), however, federal law offers certain exceptions that can help gift givers enjoy a bit of tax relief while still generously sharing their wealth with the next generations.

  • Why You Should Create a Will: What's Stopping You?
    January 2, 2019

    Having a will is imperative to ensure that your money and belongings are distributed according to your wishes after your death. Wills can distribute property, name an executor and guardians for children, forgive debts and more. If you pass away without a will, your estate will be settled in accordance with state law. In this alert, Trusts & Estates counsel Joann Palumbo explores the reasons why people do not create a will and what happens to your assets without a will. 

  • Dying Intestate After Divorce
    April 16, 2014

    I have been practicing law for over 25 years, but I am still shocked when I hear that a person who spent so much time, effort, and money in a divorce proceeding has not taken the time to confer with an attorney and sign a will. (For purposes of this article the client will be a deceased female with an ex-spouse who is a male.)

  • New Tax Law Impacts Estate Planning For Married Couples
    November 10, 2012

    The Tax Relief Act of 2010 introduced the concept of “portability” to estate tax planning. Portability allows a surviving spouse to use their predeceased spouse’s unused federal estate tax exclusion amount. 

  • Taking Advantage of the Current Gift and Estate Tax Exemption
    October 18, 2012

    The current $5,120,000 gift and estate tax exemption is set to expire on December 31, 2012. With time running out as the year winds down, Tarter Krinsky & Drogin has counseled clients about making gifts of securities portfolios, business interests and art work to their descendants or to trusts for their descendants’ benefit before year-end. 

  • Divorce and the Unexpected – Do Not Wait to Change Your Will
    December 1, 2009

    When going through a divorce, there are almost no limits to the number of personal, financial and logistical issues the soon-to-be former spouses must confront. One issue that sometimes falls throughthe cracks is the need to create and execute a new will to reflect post-divorce realities. Too often, though, the task of changing a will is put on the back burner; sometimes, until too late. 

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