Life Insurance Trusts (ILITs), Explained
A New York checklist for using an ILIT to keep life insurance out of your taxable estate under the 2026 $7.35M exclusion and cliff.
May 29, 2026
A New York checklist for using an ILIT to keep life insurance out of your taxable estate under the 2026 $7.35M exclusion and cliff.
New York health care proxy under PHL Article 29-C, plus living wills and MOLST. A practical checklist so your medical wishes are honored.
A New York checklist comparing wills and trusts: probate, privacy, cost, taxes, and how to decide which tool your estate actually needs.
A New York checklist on intestacy under EPTL Article 4: who inherits, what the state decides for you, and why it rarely matches your wishes.
A New York checklist of life events and law changes that should trigger an estate plan review — from moves to marriage to the 2026 tax cliff.
A New York checklist for shielding an inheritance from young, impulsive, or vulnerable heirs using trusts, staggered distributions, and SNTs.
A New York gifting checklist to dodge the estate tax cliff: annual exclusion gifts, the 3-year add-back, irrevocable trusts, and Medicaid timing.
A New York family’s checklist on the 2026 estate tax: the $7.35M exclusion, the dangerous cliff at $7,717,500, and planning steps that matter.
A New York checklist explaining pour-over wills, how they back up your revocable trust, and why Surrogate’s Court probate may still apply.
A New York checklist for avoiding Surrogate’s Court probate: revocable trusts, beneficiary designations, and joint titling under EPTL and SCPA.
A New York checklist on irrevocable trusts: estate tax savings, the Medicaid 5-year look-back, special needs trusts, and the control you give up.
A step-by-step New York checklist for a valid will under EPTL 3-2.1, plus intestacy, Surrogate’s Court, and common signing mistakes.
A New York checklist for setting up an EPTL 7-8.1 pet trust so your dog, cat, or horse is cared for in Surrogate’s Court terms.
A New York checklist comparing DIY estate plans with attorney-drafted ones — execution rules, funding traps, and the 2026 estate tax cliff.
A New York checklist for the durable power of attorney under GOL 5-1513: what it covers, the gifting rider, and why it prevents costly guardianship.
A New York checklist on the spousal elective share: the greater of $50,000 or one-third, what counts as testamentary substitutes, and how to plan.
A New York checklist of common power of attorney mistakes under GOL 5-1513 and how to avoid rejected forms and frozen finances.
A New York checklist on revocable living trusts under EPTL Article 7: how they avoid probate, what they do not do, and when they make sense.
A practical New York checklist for deciding if you need a will under EPTL 3-2.1, plus what a will can and cannot do for your estate.
A practical New York estate planning checklist: will, POA, health care proxy, beneficiaries, trusts, and the 2026 estate tax thresholds.