Raymond Radigan

January 12, 2015 | New York Law Journal

In their Trusts and Estates Law column, C. Raymond Radigan and David R. Schoenhaar provide a background to the unsettled inheritance rights of a posthumously conceived child, review the new law on this issue and discuss certain observations that flow from the passage of the new law.

By C. Raymond Radigan and David R. Schoenhaar

12 minute read

January 09, 2015 | New York Law Journal

In their Trusts and Estates Law column, C. Raymond Radigan and David R. Schoenhaar provide a background to the unsettled inheritance rights of a posthumously conceived child, review the new law on this issue and discuss certain observations that flow from the passage of the new law.

By C. Raymond Radigan and David R. Schoenhaar

12 minute read

November 10, 2014 | New York Law Journal

In their Trusts and Estates Law column, C. Raymond Radigan, John G. Farinacci and Jennifer F. Hillman write that at a minimum in New York, a surviving spouse is entitled to elect to receive $50,000 or one-third of the net estate outright by exercising what is known as the right of election. The public policy is fairly straightforward; however, the logistics of calculating the elective share and the correlating tax consequences of that election can be complex.

By C. Raymond Radigan, John G. Farinacci and Jennifer F. Hillman

10 minute read

September 17, 2014 | New York Law Journal

In their Trusts and Estates Law column, C. Raymond Radigan and Peter K. Kelly write that despite a 50-year history of dispensing with a bond for preliminary letters testamentary, courts continue to require a bond for a variety of reasons. Some Surrogate Courts have apparently adopted as a policy the requirement that every preliminary executor post a bond, vitiating the "extraordinary circumstances" of the relevant statute.

By C. Raymond Radigan and Peter K. Kelly

8 minute read

July 14, 2014 | New York Law Journal

In their Trusts and Estates Law column, C. Raymond Radigan and Jennifer F. Hillman write: More than a century ago, the U.S. Supreme Court held that an individual's right to privacy includes the right to make medical decisions affecting their bodies, but that right becomes complicated when the patient is comatose. What if the agent under a health care proxy refuses to comply with the principal's stated wishes in a living will? What if there is no health care proxy or living will?

By C. Raymond Radigan and Jennifer F. Hillman

11 minute read

May 12, 2014 | New York Law Journal

In their Trusts and Estates Law column, C. Raymond Radigan and David R. Schoenhaar write: Just as we were getting used to the permanent federal estate tax changes enacted in 2013, practitioners are required to adapt to significant changes to New York's estate tax and trust income tax laws, including an increase in the basic exclusion amount for estate taxes, and the inclusion of certain lifetime gifts when computing a New York resident's gross estate at death.

By C. Raymond Radigan and David R. Schoenhaar

13 minute read

March 10, 2014 | New York Law Journal

In their Trusts and Estates Law column, C. Raymond Radigan and Peter K. Kelly of Ruskin Moscou Faltischek writes that the New York SAFE Act has important provisions for regulation of weapons owned by a decedent which must be disposed of by his fiduciary after death and also weapons that are specifically bequeathed under a decedent's will.

By C. Raymond Radigan and Peter K. Kelly

10 minute read

November 19, 2013 | New York Law Journal

In his Trusts and Estates Law column, C. Raymond Radigan of Ruskin Moscou Faltischek writes that there has been very limited litigation concerning the prudence of investment, liability and damages in recent years, although some practitioners anticipated it as a result of losses sustained in the stock market downturn. Indeed, most cases have not reviewed whether a portfolio is appropriately diversified, but instead have reviewed the issue of concentration under the Prudent Man Rule.

By C. Raymond Radigan

12 minute read

May 14, 2012 | New York Law Journal

In their Trusts and Estates Law column, C. Raymond Radigan, former Surrogate of Nassau County and of counsel to Ruskin Moscou Faltischek, and Raymond C. Radigan, a managing director for the Private Client Reserve of U. S. Bank, write that the New York estate tax laws will continue to be an important factor for New York residents, and it is important for estate planning attorneys in New York to be well versed in these laws and understand the opportunities and the potential pitfalls.

By C. Raymond Radigan and Raymond C. Radigan

10 minute read

May 13, 2013 | New York Law Journal

In their Trusts and Estates Law coulmn, C. Raymond Radigan, of counsel to Ruskin Moscou Faltischek, and David R. Schoenhaar, a senior associate at the firm, write that a 529 plan is less complicated than a trust and may be more practical when the purpose of the donor's gifting strategy is limited to paying for a minor's education expenses.

By C. Raymond Radigan and David R. Schoenhaar

12 minute read