In New York estate planning, executors and trustees serve different roles. Executors manage and settle a decedent’s estate through probate, while trustees oversee trust assets for beneficiaries over time. Learn the key differences in appointment, responsibilities, duration, and purpose to better understand estate administration and trust management in New York.

Estate planning using Medicaid Trusts can be a powerful tool for asset protection and securing Medicaid eligibility, but it can also lead to complex estate litigation if not handled carefully.