C Raymond Radigan

May 04, 2009 | New York Law Journal

C. Raymond Radigan, a former Surrogate of Nassau County and of counsel to Ruskin Moscou Faltischek, and Raymond C. Radigan, fiduciary business development officer at the U.S. Trust, Bank of America, Private Wealth Management, write: The capital markets have become more complex and volatile. As a result, a trustee now has an inordinate amount of responsibility when investing in a fiduciary capacity and could be held liable if it does not comply with the prudent investor standard. A trustee can either choose to be exclusively responsible for investing the trust assets or they can delegate these duties to a third party. Either way, imprudent investing can take many forms including holding a concentrated position without special circumstances or investing exclusively in a risky asset class. That does not mean, however, that a trustee must adhere to one particular investment strategy to avoid liability.

By C. Raymond Radigan and Raymond C. Radigan

18 minute read

May 05, 2008 | New York Law Journal

By C. Raymond Radigan and Peter K. Kelly

12 minute read

July 09, 2010 | New York Law Journal

In his Trusts and Estates Law column, C. Raymond Radigan, of counsel to Ruskin Moscou Faltischek, writes: Despite our ever expanding litigious society and the upward trend in divorce rates, many clients fail to incorporate protective measures in their planning. The primary failure is the underutilization of lifetime trusts as a means to pass wealth to future generations.

By C. Raymond Radigan

13 minute read

June 10, 2003 | New York Law Journal

By C. Raymond Radigan

10 minute read

May 19, 2005 | New York Law Journal

C. Raymond Radigan, a former surrogate of Nassau County and of counsel to Ruskin Moscou Faltischek, and Frank J. Gobes, a senior associate at the firm, write that over the years, there has been an increase in estate litigation especially in second-marriage situations where often the children are close in age to the second spouse. Primarily because of increased wealth, we have a more litigious society. However, litigation is not only about money, it is also about emotions.

By C. Raymond Radigan and Frank J. Gobes

10 minute read

July 06, 2007 | New York Law Journal

C. Raymond Radigan, of counsel to Ruskin Moscou Faltischek, and Adam J. Gottlieb, a senior associate with the firm, write that it is well-established that one cannot profit from one's own wrongdoing. But does one who has caused a wrongful death forfeit his or her own interest in assets held as a joint tenant with the victim of the wrongful death, or is the perpetrator entitled to any interest in the property because he or she invested and/or was vested in the asset on his or her own?

By C. Raymond Radigan and Adam J. Gottlieb

10 minute read

November 02, 2009 | New York Law Journal

C. Raymond Radigan, a former Surrogate of Nassau County and of counsel to Ruskin Moscou Faltischek, and David R. Schoenhaar, an associate at the firm, write that Crummey powers are a popular technique because they allow donors to utilize their annual gift tax exclusion amount in fulfilling estate planning objectives and they provide new utility in dealing with minors. While the formalities and IRS challenges must be respected, they say, short of a congressional enactment, these powers should be around for the foreseeable future.

By C. Raymond Radigan and David R. Schoenhaar

13 minute read

September 16, 2004 | New York Law Journal

C. Raymond Radigan, former surrogate of Nassau County and of counsel to Ruskin Moscou Faltischek, analyzes six proposed changes to the the Principal and Income Act.

By C. Raymond Radigan

10 minute read

July 21, 2004 | New York Law Journal

C. Raymond Radigan, former surrogate of Nassau County and of counsel to Ruskin Moscou Faltischek, explains the history of a bill before the New York State Senate (S4704) which is also awaiting introduction in the Assembly.

By C. Raymond Radigan

12 minute read

March 10, 2008 | New York Law Journal

C. Raymond Radigan, a former surrogate of Nassau County and of counsel to Ruskin Moscou Faltischek, and Adam J. Gottlieb, of counsel to the firm, write that while an Uniform Transfers to Minors Act account is inexpensive to create and a useful way for a child, the UTMA account has some limitations, the most pertinent of which is that the UTMA account belongs to the beneficiary once he or she reaches the termination age.

By C. Raymond Radigan and Adam J. Gottlieb

8 minute read