New York vs. New Jersey: Trust and Estate Planning, Administration, and Litigation on Both Sides of the Hudson
Category: On Demand
Member Price: $200
Non-Member Price: $250
Areas of Law: Estate Law
| NJ CLE: | NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 4 hours of total CLE credit (Full Credits Available: NJ General: 4.0). |
| NY CLE (t&nt): | NY Professional Practice Non-Transitional: 4.0 |
| PA CLE: | PA Substantive Credit: 3.0
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program. |
Featured Speaker
Moderator
- Joshua F. Cheslow, Esq.
- Drescher & Cheslow, PA, Manalapan
Presenters
- Shawna A. Brown, Esq.
- Mandelbaum Barrett PC, Roseland
- Timothy M. Ferges, Esq.
- McCarter & English, LLP, Newark
- Joy Matak, Esq.
- Avelino Law, LLP, Florham Park
Many trust and estate professionals are admitted in both New York and New Jersey and have clients in both states. While the assets, liabilities and family issues are the same, the laws in the two states can be very different and complicate estate planning and administration. For example, New York has a state estate tax while New Jersey does not, but New Jersey has an inheritance tax while New York does not. Administration procedures are different too –New Jersey’s is relatively simple and straightforward, while New York’s is more involved and paper-intensive.
In this seminar, seasoned estate planning attorneys will discuss the differences between the laws and procedures in both states and provide you with tips for successfully carrying out your clients’ wishes while minimizing tax consequences.
This seminar also will cover fiduciary litigation practice in both New Jersey and New York. We will review the judicial system in each state – particularly the courts with jurisdiction over trust and estate disputes. We will also consider each state’s court procedure and discovery practices. This program will focus on some of the more common trust and estate disputes seen in each state, including will and trust contests, accounting proceedings, and will and trust construction proceedings.
Register today for this practical program to help you practice comfortably and confidently in both states!
Topics include:
- The use of revocable trusts in New York and New Jersey planning
- Gifts under color of authority in New York vs. New Jersey
- Taxability of estates and beneficiaries in New York and New Jersey
- Differences between the probate process generally
- New York disclosure proceedings, including SCPA 1404 examinations, 2103 inquiries, and 2211 examinations.
- Adoption of the Uniform Trust Code
- Trust decanting - modifying an irrevocable trust in New York
- Will and trust contests in New Jersey and New York
- Accounting proceedings in New Jersey and New York
- Will and trust construction proceedings in New Jersey and New York
- And more!