New York Private Trust - A Delaware Trust Company

Articles

When it’s time to choose the best trust jurisdiction, there is only one choice: DELAWARE

Thursday, October 17th, 2013

By Richard P. Trumpler, TEP. Each year several experts create lists of the most favorable trust jurisdictions. These lists currently conclude that approximately a dozen jurisdictions are “best”. They then attempt to parse the nuances of each of the top jurisdictions’ laws to create a ranking within the list of the “best”. These rankings typically...  read more


Riding the 2012 Trust Tsunami

Wednesday, May 23rd, 2012

How to Prepare for the Lapsing $5 Million Gift Tax Exemption By Richard P. Trumpler, TEP. Use the Summer Lull to Get Your Clients Ahead of a Stormy Tax Season Summer is traditionally when investors leave town and many advisors catch up on paperwork, vacation time or sleep. But this year, signs of a storm...  read more


How to Select an “Advisor Friendly” Trustee

Saturday, January 7th, 2012

By Richard P. Trumpler, TEP. Chief Operating Officer, New York Private Trust Company Investment advisors for high net worth individuals and families often recognize that their clients should create trusts to meet their financial goals. They also often become aware that their clients have established trusts holding liquid assets which are beyond the manager’s reach...  read more


Use of Trusts to Protect Assets

Friday, January 21st, 2011

Types of Trusts Creating a financial or estate plan always involves issues surrounding the safeguarding of assets so they are available as intended for you or your family. Direct gifts or legacies may not be appropriate in situations where the intended beneficiary is unsophisticated, impaired or in an unstable relationship. Because of your wealth or...  read more


Fiduciary Services

Monday, January 3rd, 2011

Deciding who will assume responsibility for your family and financial affairs if you cannot do it yourself is one of the most difficult and personal decisions you will ever make.  Determining whether an individual or institution will act as your fiduciary is usually the first or an early step in financial or estate planning and...  read more


Delaware Trust Advantage

Sunday, January 2nd, 2011

“Dynasty” Trusts Delaware allows the creation of “dynasty” trusts permitting personal property to remain in trust forever and real estate to remain in trust for 110 years.  Not only does this allow for the preservation of wealth for multiple generations, such a trust can also be used to significantly enhance the benefit of the federal...  read more