News 16 Jun. 2014

Associate Michael S. Schwartz Co-Authors Article in the NYSBA Trusts and Estates Law Section Newsletter

Trusts and Estates associate Michael S. Schwartz co-authored the article “Lost Trusts in New York — The Case for Statutory Intervention,” which appeared in the Summer issue of the New York State Bar Association Trusts and Estates Law Section Newsletter. The article reviews case law relating to the treatment of lost or destroyed lifetime trusts. In particular, the article highlights the fact that New York does not have a statutory mechanism for dealing with lost or destroyed lifetime trusts and discusses some of the potential benefits of enacting legislation addressing this topic. The article was prepared in conjunction with the Estate and Trust Administration Committee of the NYSBA Trusts and Estates Law Section, of which Mr. Schwartz is an active member.