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.
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.
|Ben-Ami, Andrew R. Partner and Chair of Tax Practice||Partner and Chair of Tax Practice||212.216.8025|
|Freedman, Robert M. Partner||Partner||212.216.8066|
|Greenberg, Lester A. Counsel||Counsel||212.216.8033|
|Gruttadauria, Alexis R. Associate||Associate||212.216.1108|
|Lombardo Holt, Marie Trust Administrator||Trust Administrator||212.216.1106|
|Lutzky, Barry I. Partner||Partner||212.216.8068|
|Palumbo, Joann T. Counsel||Counsel||212.216.8015|
We are pleased to announce that Trusts and Estates Associate Alexis Gruttadauria has been appointed to serve on the New York State Bar Association’s Attorney Well-Being Task Force in the Emotional Well-Being Working Group.
The recent arrival of Trusts & Estates, Elder Care and Special Needs partners Robert M. Freedman, Barry Lutzky and associate Alexis Gruttadauria was featured in Bloomberg Big Law Business.
Tarter Krinsky & Drogin, a full-service, mid-size law firm announced today that it has expanded its Trusts & Estates practice, continuing its strategic growth and strengthening its client offerings by adding three lawyers. The group handles all aspects of estate and tax planning, as well as estate administration. With the addition of the new lawyers, the capabilities of the Trusts & Estates practice have expanded to include expertise in the representation of the elderly, individuals with disabilities and/or mental illness and their families.
Thirty-two lawyers from Tarter Krinsky & Drogin have been named to the 2019 New York Super Lawyers and Rising Stars lists, a rise in Tarter Krinsky & Drogin attorneys awarded as top lawyers in New York. The annual Super Lawyers list recognizes the top five percent of lawyers in New York for their professional achievements. Lawyers are selected through a process that includes independent research, peer nominations and peer evaluations.
Trusts and Estates counsel Joann Palumbo was featured in a Considerable.com article, “The Estate Planning Move You’ve Got to Get Right.” In the article, which highlights the issues that may arise when naming an executor to a will, Joann explains that there can be trust issues, especially if some family members feel that the person named executor isn’t reliable, or someone who does not make sensible financial decisions.
Thirty lawyers from Tarter Krinsky & Drogin have been named to the 2018 New York Super Lawyers and Rising Stars lists as top lawyers in New York. The annual Super Lawyers list recognizes the top five percent of lawyers in New York for their professional achievements. Lawyers are selected through a process that includes independent research, peer nominations
Joann Palumbo has been named an Alumni of Distinction from The SUNY Oneonta Alumni Association. Joann was recognized along with other alumni from various fields.
This year, 28 lawyers from Tarter Krinsky & Drogin have been named to the 2017 New York Super Lawyers and Rising Stars lists as top lawyers in the state. The annual Super Lawyers list recognizes the top five percent of lawyers in New York for their professional achievements. Attorneys are selected through a process that includes independent research, peer nominations and peer evaluations.
Four Tarter Krinsky & Drogin attorneys were ranked on the Rising Stars list, which recognizes the top 2.5 percent of lawyers who either are under the age of 40 or have been in practice for 10 years or less.
The July 6 Real Estate Weekly Deals & Dealmakers column highlighted the expansion of TKD’s Trusts and Estates practice with the arrival of counsel Jeffrey Lowin.
Tarter Krinsky & Drogin announced today that Jeffrey A. Lowin has joined the firm as a counsel in the Trusts and Estates practice.
Tarter Krinsky & Drogin LLP is pleased to announce the addition of Alex Spizz, Perry L. Cohen, Arthur Goldstein, Paul Richard Karan and Jill Makower.
Partner Stephen L. Ferszt has been elected to the American College of Trust and Estate Counsel (ACTEC) Employee Benefits in Estate Planning Committee for 2015-2016.
Joann Palumbo, Partner in Tarter Krinsky & Drogin’s Trust and Estates Practice, was featured in the NY Family Law Monthly section of Law Journal Newsletters. The article titled “Dying Intestate After Divorce” discusses how it is essential for divorced parents to have a signed will and the consequences for lacking one.
We are pleased to announce that Joann T. Palumbo has joined the firm as Counsel.
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.
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.
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.
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.
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.
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.)
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.
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.
When the ball drops in Times Square this coming New Year's Eve, your heir’s inheritance could very well go down with it, straight into the federal government’s coffers. The generous estate tax planning opportunity that Congress has given taxpayers is set to expire on December 31st, and it's unlikely Congress will extend it. If Congress does not act, the current combined federal gift and estate tax exemption of $5,120,000 will revert to $1,000,000.
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.