This article reprint was recently published in the NYSBA Family Law Section Journal and explores:

  • Key estate-related considerations in pre-marital planning.
  • In the event of separation and/or divorce, all estate planning documents, account titles, and beneficiary designations need to be reviewed.
  • Trust decanting can be a powerful tool: Revising an otherwise irrevocable trust.

With the increasing overlap between the matrimonial and trusts and estates disciplines, family law attorneys can benefit from being apprised of the latest trusts & estates developments that can potentially have a dramatic impact on their practice. From critical estate planning considerations in marital agreements, to documents that require review in light of a contemplated divorce, to powerful tools that can potentially change otherwise irrevocable trust terms and distributions in the divorce context, to the importance of credit solutions in divorce, to important considerations regarding the use of life insurance, there is much to be gained from having cross-disciplinary fluency.

Reprinted with permission from: Family Law Review, Winter 2017, Vol. 49, No. 3, published by the New York State Bar Association, One Elk Street, Albany, New York 12207.

The following article is for general information only and is not intended as an offer or solicitation for the sale of any financial product, service or other professional advice. All opinions expressed herein are as of the date of this presentation and are subject to change. This material is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances; nor does it represent any undertaking to keep recipients advised of all relevant legal and regulatory developments. The application and impact of relevant laws will vary from jurisdiction to jurisdiction and should be based on information from professional advisors.

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