Description

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If you are one of the 10,000 New York attorneys involved in trust drafting, tax planning, estate planning, trust accounting, trust litigation or elder law planning, you need this book. Here's the user manual on the trust accounting income and principal rules that you've been looking for, written from a practical application standpoint. It's doubly applicable to any lawyers who drafts trust documents. In it you'll find full guidance on: - The Uniform Principal and Income Act (UPAIA) - The power to adjust (PTA) and the unitrust conversion Any practitioner who is involved in trust drafting or trust litigation, or who prepares fiduciary income tax returns or trust accountings, must become aware of these revised trust rules in order to avoid potential malpractice and/or ethics issues. If you're involved in trust drafting in New York State, this is an essential addition to your library.

About the Author

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Seymour Goldberg is a senior partner at Goldberg & Goldberg, and has cited in the New York Times, Forbes, Fortune, the Wall Street Journal and more. He resides in Woodbury, New York.