Richard Yam focuses his practice on estate planning, trust and estate administration, Medicaid planning, and special needs and long term care planning.
An associate in Rivkin Radler’s Trusts & Estates Practice Group, Richard concentrates on developing asset protection strategies for clients to help them achieve their long term planning goals, tax savings, and liability protection. He routinely creates trust instruments and other asset protection vehicles, assists clients with charitable gift planning, and prepares and renders advice relating to estate and gift tax returns. In addition, he counsels clients on the legal and financial considerations in retirement distributions, real property transfers, and eligibility for government benefits.
Richard represents clients in contested will proceedings, lost will proceedings, and contested accounting proceedings before the Surrogate’s Court. For example, in June 2014, with Richard’s assistance, our client defeated challengers to her rights under a trust agreement.
In addition to trusts and estates work, Richard often is called on by not-for-profit companies to review and edit their corporate documents and other standalone governance policies to help to ensure compliance with New York law, including the Non-Profit Revitalization Act of 2013.
A graduate of Northwestern University, Richard earned an M.B.A. in finance from Baruch College before obtaining his law degree from Brooklyn Law School. During law school, Richard served as a member of the Brooklyn Law Incubator and Policy clinic and assisted technology start-up companies with legal issues such as incorporation, intellectual property protection, licensing agreements, and website documentation. He also actively participated in the law school’s legal outreach program, coaching and preparing youth from underserved communities in New York City high schools to compete in legal debates focused on constitutional law issues.
At the firm, Richard regularly provides pro bono representation to the indigent in landlord-tenant court.
Richard is conversational in Cantonese.
926 RXR Plaza
Uniondale, NY 11556-0926
New YorkBar Affiliations
New York State Bar Association
New York County Lawyers AssociationEducation
Brooklyn Law School, Juris Doctor
Baruch College of the City University of New York, M.B.A., in Finance
Northwestern University, B.S.