Dilpreet Rai

Dilpreet Rai

June 27, 2024 | New York Law Journal

Discretionary Trusts Present Vulnerabilities to Beneficiaries Without Prenuptial Agreements

In 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