- Estate, Gift, & Family Philanthropic Planning
- Trust & Estate Administration
- Estate & Fiduciary Litigation
- Fiduciary Accounting
- Real Estate
- IFF Advisors of NY, LLC
We represent both individual and institutional fiduciaries in the Surrogates' Courts throughout the State of New York as well as New Jersey, Florida and Connecticut. Our work includes:
- Estate tax and beneficiary analysis of governing instrument whether it be a Will or Trust;
- Marshalling estate and trust assets;
- Instituting discovery and recovery actions to seek and obtain estate and trusts assets that have been wrongfully misappropriated from decedent’s estate or beneficiary;
- Negotiating with creditors of the estate or trust;
- Analysis and management of hard to value and illiquid assets to ensure proper succession and to minimize estate taxes;
- Analysis and management of estates that are substantially composed of concentrated stock positions in one or a few securities;
- Preparation and filing of all required Surrogate’s or Probate Court documents, handling all Court proceedings, and negotiating with the Court on all related matters;
- Coordinating estate and trust distributions to ensure compliance with federal and state law and to utilize available tax saving strategies;
- Preparing and filing sophisticated estate, inheritance, succession and fiduciary income tax returns for both federal and state taxing authorities.
As large estates and trusts are typically open for a considerable period of time, our work also includes educating fiduciaries to increase their understanding of the federal and state rules and practices which govern their actions.
In addition, our firm has achieved successful results in numerous audits from the Internal Revenue Service and various state tax authorities.
