Trusts & Estate Planning — New York State https://trustcreationservices.com/ New York State trusts & estate planning by Morgan Legal Group Fri, 19 Jun 2026 01:37:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.6 https://trustcreationservices.com/wp-content/uploads/2024/05/Legal-Network-Logo-150x150.png Trusts & Estate Planning — New York State https://trustcreationservices.com/ 32 32 What Is a Special Needs Trust in New York? (EPTL 7-1.12) https://trustcreationservices.com/what-is-a-special-needs-trust-in-new-york/ Fri, 19 Jun 2026 01:37:52 +0000 https://trustcreationservices.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 an irrevocable trust, 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://trustcreationservices.com/revocable-vs-irrevocable-trust-in-new-york/ Fri, 19 Jun 2026 01:37:52 +0000 https://trustcreationservices.com/revocable-vs-irrevocable-trust-in-new-york/ For most New Yorkers, the answer comes down to a single question: do you need to keep control of your assets, or do you need to move them out of your taxable estate? A revocable living trust lets you keep full control — you can amend or revoke it at any time — and its […]

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]]> Protecting Your Assets With a Trust in New York https://trustcreationservices.com/protecting-your-assets-with-a-trust-in-new-york/ Fri, 19 Jun 2026 01:37:52 +0000 https://trustcreationservices.com/protecting-your-assets-with-a-trust-in-new-york/ You protect your assets with a trust in New York by transferring ownership of property into a legal arrangement—governed by the New York Estates, Powers and Trusts Law (EPTL) Article 7—that holds and manages those assets for your benefit and the benefit of the people you choose. Depending on the type of trust, this single […]

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]]> Irrevocable Trusts and the Medicaid 5-Year Look-Back in NY https://trustcreationservices.com/irrevocable-trusts-and-the-medicaid-look-back-in-ny/ Fri, 19 Jun 2026 01:37:52 +0000 https://trustcreationservices.com/irrevocable-trusts-and-the-medicaid-look-back-in-ny/ An irrevocable trust is one of the most powerful Medicaid-planning tools available in New York — but it only works when it is funded well ahead of need, because assets transferred into the trust are subject to a 5-year look-back for nursing-home (institutional) Medicaid. In plain terms: when you apply for long-term-care Medicaid in New […]

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]]> How to Fund a Trust in New York (and Why It Matters) https://trustcreationservices.com/how-to-fund-a-trust-in-new-york/ Fri, 19 Jun 2026 01:37:52 +0000 https://trustcreationservices.com/how-to-fund-a-trust-in-new-york/ To fund a trust in New York, you must legally transfer ownership of your assets into the name of the trust after the trust document is signed. This means retitling bank and brokerage accounts, recording a new deed for real estate, updating beneficiary designations, and assigning personal property to the trustee. A trust that is […]

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]]> Does a Living Trust Avoid Probate in New York? https://trustcreationservices.com/does-a-living-trust-avoid-probate-in-new-york/ Fri, 19 Jun 2026 01:37:52 +0000 https://trustcreationservices.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. Assets you transfer into the trust during your lifetime pass directly to your beneficiaries under the terms of the trust, without ever entering the Surrogate’s Court probate process. That single sentence answers the headline — but it carries an important […]

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]]> Trusts for Non-Citizen Beneficiaries in New York https://trustcreationservices.com/trusts-for-non-citizen-beneficiaries-in-new-york/ Sun, 26 Apr 2026 17:54:00 +0000 https://trustcreationservices.com/trusts-for-non-citizen-beneficiaries-in-new-york/ A plain-English guide to New York trusts for non-citizen beneficiaries and spouses, including QDOTs, probate, taxes, and the federal-vs-state line.

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