Divorce and Trusts: Dissolving or Amending Existing Trusts and Using New Trusts in Divorce Planning
Recording of a 90-minute CLE video webinar with Q&A
This CLE course will discuss what family lawyers need to know to evaluate existing trusts that their client or a divorcing couple have. The panel will explain how to identify changes that should be made to trusts due to dissolution of the marriage and how family lawyers can use or create trusts to address assets and money payments.
Outline
- Overview of trust law for family counsel
- Dealing with existing trusts
- Issues that impact property division settlement
- Revocable vs. irrevocable trusts
- Commonly overlooked pitfalls
- Creating trusts during divorce proceedings
- Support trusts
- New trusts for estate planning purposes
- Trusts for children and heirs
- Qualified domestic trusts
- Other trusts
Benefits
The panel will review these and other key issues:
- What are some of the common pitfalls that trusts present post-divorce?
- When may a support trust be preferable to periodic alimony payments?
- What common trust vehicles may need to be created for estate planning purposes after the dissolution of the marriage?
Faculty
![Cayne, Gregory](/img/t/d8e0d5a6bb5a18e2101b8398df180523.jpg)
Gregory H. Cayne
Partner
Grant, Herrmann, Schwartz & Klinger
Mr. Cayne is a Partner of GHSK, leader of GHSK's New York office and the head of its Domestic Tax, Trusts &... | Read More
Mr. Cayne is a Partner of GHSK, leader of GHSK's New York office and the head of its Domestic Tax, Trusts & Estates practice. He concentrates his practice in estate and tax planning for individuals and familes, taxation matters, and the administration of estates and trusts. Mr. Cayne works closely with clients to design and implement strategies to protect assets and transfer wealth tax efficiently while acheiving a client's personal goals. He believes in providing personalized advice on all matters of trusts and esates and works closely with clients’ accountants, financial advisors and other team members to find creative, appropriate and tailored solutions for each client. With his past experiences in public accounting, Mr. Cayne has the knowledge to meet a wide range of estate and tax planning objectives. He also advises clients on cross-border planning and matters involving international tax law. Mr. Cayne regularly practices in the New York State and New Jersey Surrogate's Courts. His practice encompasses all aspects of trust and estate administration including various uncontested and contested Surrogate's Court proceedings, collection and transfer of assets, post-mortem tax planning, the preparation of estate tax returns, fiduciary income tax returns and fiduciary accountings. Mr. Cayne frequently presents at various forums discussing all facets of estate and tax planning and estate and trust administration.
Close![Goldstein, Bryan](/img/t/c2165d1579cff5025b167c0ec0f82b44.jpg)
Bryan M. Goldstein
Partner
Grant, Herrmann, Schwartz & Klinger
Mr. Goldstein is a Partner of GHSK and the head of its Matrimonial & Family Law practice. His practice embraces a... | Read More
Mr. Goldstein is a Partner of GHSK and the head of its Matrimonial & Family Law practice. His practice embraces a diverse set of clients and the challenging issues they face. Mr. Goldstein understands the situations many of our family law clients are enduring can be arduous, delicate, and emotional. He approaches each client’s matter with knowledge, compassion, and understanding. Mr. Goldstein collaborates with clients to determine their desired outcomes and develop creative strategies to achieve them. He was named a Rising Star by Super Lawyers each year since 2020 and earned the recognition of the Top 10 Attorneys under 40 by the National Academy of Family Law Attorneys in 2019, 2020 and 2021. Mr. Goldstein frequently presents at various forums discussing divorce and considerations involved such as financial issues and LGBT+ issues. He has also been quoted in articles by various media outlets such as USA Today.
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