LexisNexis® Legal Newsroom
Model Letter to Special Needs Trustee

Comment : What follows is a sample letter to be sent by an attorney who has established a testamentary special needs trust for a disabled adult. The letter is intended for the brother, sister or other individual who will be serving as trustee. It assumes that the parent who had previously cared...

The Trustee as the Designated Beneficiary of Life Insurance, Annuity, Pension or Other Retirement Plans

One of the exceptions to the funding requirements of lifetime trusts ( EPTL 7-1.18 ) is the so-called "pour-over" trust, where the trust is established to receive testamentary assets under a decedent's Will ( EPTL 3-3.7 ), or a trust in which the trustee is designated as a beneficiary...

New York Court Rejects Objections to Settlor/Trustee’s Investment Decisions

Status To Object By Hon. C. Raymond Radigan, Ruskin Moscou Faltischek, P.C. In a contested accounting proceeding one may not object to the actions of a settlor/trustee concerning investment decisions made during the lifetime of the settlor and may not object to the actions of a trustee of a trust...