Credit: zimmytws/Adobe Stock Why New York Attorneys Should Consider Inter Vivos Trusts in Estate Planning
Sadly, over the years, there have been many developments that have adversely impacted upon the ability to achieve speedy probate. All courts have experienced a significant decline in court personnel. The pandemic contributed to even greater court delays, write contributors C. Raymond Radigan and David N. Milner.
September 10, 2023 at 12:00 PM
8 minute read
Though often used in many jurisdictions such as California and Florida where the probate process and the administration of estates often can be problematic, historically, inter vivos trusts, whether be they revocable or irrevocable, were rarely used in New York. New York estate planning lawyers relied on wills since in New York, for most estates, the probate process was historically a quick and easy process and the administration of estates was equally simple.
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