The Internal Revenue Service has proposed new regulations that could dramatically impact wealthy individuals’ ability to minimize their future estate tax. The proposed regulations call for an elimination of valuation discounts. Valuation discounts have been a valuable tool for shielding assets from lawsuits and protecting family businesses from the effects of a potential divorce.

The

Jeffrey Greener has been quoted in a NextAvenue.org article entitled, “Do You Really Need a Will?” Jeff warns of the many complications that can arise when estates are passed to beneficiaries without a formal will or estate plan.

Next Avenue is public media’s first and only national service for America’s booming 50+ population. To read

The prestigious Best Lawyers in America® has included Rivkin Radler LLP in its U.S. rankings.

The lawyers listed, and the categories of law in which they are listed, are as follows:

Brian R. Ade, partner – Insurance Law
John L. Rivkin, partner – Insurance Law
Christopher J. Kutner, partner – Health Care LawRead More

Dennis Wiley’s article entitled, “What’s in a Name? That Which We Call Surrogate’s Court,” was published in the July/August issue of the New York State Bar Association Journal.

To read the complete article, Click Here.

Reprinted with permission from: New York State Bar Association Journal, July/August 2016, Vol. 88, No. 6, published by the New

Jeffrey Greener and Dennis Wiley are featured in a Long Island Business News article entitled, “Dictating Terms From Beyond the Grave – From pets to pet causes, you won’t believe the strange beneficiaries lawyers encounter.”

Click here to read the article.

Richard Yam successfully defended respondent client in a proceeding commenced by a bank seeking the turnover of decedent’s annuity valued at approximately $380,000.  The firm’s client was decedent’s surviving spouse who was the payable on death beneficiary of the annuity, which the bank was trying to collect in partial satisfaction of a $1.3M judgment it

Jeffrey Greener will present a seminar entitled, “Wills, Trusts and Estates,” on June 28, 2016 at the Flushing Bank at 661 Hillside Avenue, New Hyde Park. The program will cover the following:

• Estate Planning Myths & Misconceptions
• Wills vs Trusts
• Probate Tips & Traps
• And much more!

Program Materials

Walter Gumersell will be a featured speaker in a National Business Institute Continuing Legal Education Seminar entitled “Tax Exempt Organizations From Start To Finish.”  Walter’s presentation will focus on the incorporation process for non-profits and potential liabilities faced by directors and officers of such entities.

For more information and to register, Click Here.

Dennis Wiley has been appointed co-chairperson of the Nassau County Bar Association’s Surrogate’s Court Estates and Trusts Committee, where he has spoken on contested accounting proceedings and trust decanting.  Dennis’s term runs from 2016-2018.

John McFaul will be presenting “An Overview of Kinship Proceedings” at the Nassau County Bar Association’s Surrogates Court Estates & Trusts Committee meeting on Thursday, May 19, 2016.