Those of us working in the trusts and estates area see the strain when mom or dad dies and no estate plan is in place. Siblings often go to war. Holidays and other celebrations will never be the same. Long-held resentments resurface. Even if mom or dad is very sick or dying when estate planning … Continued

If you have petitioned the court to establish a property guardianship under Surrogate’s Court Procedure Act (SCPA) Article 17, it is likely that you have considered seeking the authority to invest the infant’s funds with an investment advisor and sought to dispense with a bond by making an application to the court under the provisions … Continued

Introduction More than 70 years ago, the Court of Appeals explained that “where a trustee holds a working control of the stock in an estate corporation he is accountable in the probate court for the administration of the corporate affairs.”1 In other words, if fiduciaries, in their individual and/or fiduciary capacities, own a controlling interest in … Continued