Taxes attributable to QTIP trust property included in a decedent’s taxable estate are apportioned to QTIP trust beneficiaries unless the decedent expresses a specific intent to the contrary.
The use of artificial intelligence to generate an expert opinion creates substantial risk that the opinion will be barred under the Frye standard. If an expert uses artificial intelligence despite the risk, the proponent of the testimony must disclose to the Court that the opinion was prepared using artificial intelligence and counsel must be prepared to prove that artificial intelligence has “gained general acceptance” in the applicable field at a Frye hearing.
Our inaugural post covers two recent decisions of the New York State Surrogate’s Court. The first decision holds that a trustee with “working control” over a trust-owned entity as an officer or general partner may have to account for actions taken in her corporate capacity. (Matter of Skoutelas, 2024 NY Slip Op 51508(U) [Queens Surrogate’s Court, November 8, 2024]).