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Trust vs. Estate in New York: Side by Side Comparison - Seth Schlessel
From Schlessel Law PLLC – Trust vs. Estate in New York: Side by Side Comparison explores the fundamental distinctions between trusts and estate administration in New York. With clear insights on administration, control, privacy, and legal nuances, the episode helps listeners navigate whether a trust or a will-based estate plan aligns best with their goals.In the first segment, we define key terms—trusts (including revocable living trusts, irrevocable trusts, testamentary trusts, and specialized options) versus estates (testate, intestate, and small estates in New York). We’re joined by…
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