Trusts & Estate Planning — New York State https://thetrustadministration.com/ New York State trusts & estate planning by Morgan Legal Group Fri, 19 Jun 2026 01:15:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.6 https://thetrustadministration.com/wp-content/uploads/2024/05/Legal-Network-Logo-150x150.png Trusts & Estate Planning — New York State https://thetrustadministration.com/ 32 32 What Is a Special Needs Trust in New York? (EPTL 7-1.12) https://thetrustadministration.com/what-is-a-special-needs-trust-in-new-york/ Fri, 19 Jun 2026 01:15:21 +0000 https://thetrustadministration.com/what-is-a-special-needs-trust-in-new-york/ A special needs trust (also called a supplemental needs trust, or SNT) in New York is a legal arrangement, authorized by EPTL 7-1.12, that holds assets for the benefit of a person with a disability without disqualifying that person from means-tested government benefits such as Medicaid and Supplemental Security Income (SSI). Because the trust — […]

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]]> Revocable vs. Irrevocable Trust in New York: Which Do You Need? https://thetrustadministration.com/revocable-vs-irrevocable-trust-in-new-york/ Fri, 19 Jun 2026 01:15:21 +0000 https://thetrustadministration.com/revocable-vs-irrevocable-trust-in-new-york/ For most New Yorkers, the honest answer is: a revocable living trust if your goal is to avoid probate, keep your affairs private, and plan for incapacity — and an irrevocable trust if your goal is to reduce estate tax, protect assets from creditors, or qualify for Medicaid down the road. The two tools solve […]

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]]> Protecting Your Assets With a Trust in New York https://thetrustadministration.com/protecting-your-assets-with-a-trust-in-new-york/ Fri, 19 Jun 2026 01:15:21 +0000 https://thetrustadministration.com/protecting-your-assets-with-a-trust-in-new-york/ Protecting your assets with a trust in New York means using a legal arrangement — governed by the New York Estates, Powers and Trusts Law (EPTL) Article 7 — to hold property for the benefit of yourself or others, so that those assets avoid probate, stay private, and (with the right structure) gain protection from […]

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]]> Irrevocable Trusts and the Medicaid 5-Year Look-Back in NY https://thetrustadministration.com/irrevocable-trusts-and-the-medicaid-look-back-in-ny/ Fri, 19 Jun 2026 01:15:21 +0000 https://thetrustadministration.com/irrevocable-trusts-and-the-medicaid-look-back-in-ny/ An irrevocable trust is one of the most reliable tools New Yorkers use to protect a home and savings from the cost of long-term care, but it only works if you fund it early enough to clear the Medicaid 5-year look-back. In plain terms: assets you transfer into a properly drafted irrevocable Medicaid trust are […]

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]]> How to Fund a Trust in New York (and Why It Matters) https://thetrustadministration.com/how-to-fund-a-trust-in-new-york/ Fri, 19 Jun 2026 01:15:21 +0000 https://thetrustadministration.com/how-to-fund-a-trust-in-new-york/ To fund a trust in New York, you must legally transfer ownership of your assets out of your individual name and into the name of your trust — retitling bank and brokerage accounts, deeding real property, and updating beneficiary designations so they coordinate with your plan. This is the single most important step in trust […]

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]]> Does a Living Trust Avoid Probate in New York? https://thetrustadministration.com/does-a-living-trust-avoid-probate-in-new-york/ Fri, 19 Jun 2026 01:15:21 +0000 https://thetrustadministration.com/does-a-living-trust-avoid-probate-in-new-york/ Yes. A properly drafted and fully funded revocable living trust avoids probate in New York for every asset titled in the name of the trust. When you die, those assets pass directly to your beneficiaries under the terms of the trust, administered privately by your successor trustee — with no court filing, no public record, […]

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]]> Trusts for Mixed-Status Families in New York https://thetrustadministration.com/trusts-for-mixed-status-families-in-new-york/ Sun, 19 Apr 2026 11:00:00 +0000 https://thetrustadministration.com/trusts-for-mixed-status-families-in-new-york/ How New York trusts protect mixed-status immigrant families—QDOTs for non-citizen spouses, Medicaid planning, and when to call an immigration lawyer.

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