Dilpreet Rai
June 27, 2024 | New York Law Journal
Discretionary Trusts Present Vulnerabilities to Beneficiaries Without Prenuptial AgreementsIn New York, assets held in trusts established and funded by a third-party for the benefit of a spouse are excluded from the marital property estate; however, if the beneficiary has access to a discretionary trust during the marriage, certain issues may still arise in a divorce.
By Dilpreet Rai and Alyssa Rower
8 minute read
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