Gideon Rothschild

Gideon Rothschild, Esq., is a partner with the New York City law firm Moses & Singer LLP, where he co-chairs the Trusts & Estates and Wealth Preservation Group. He focuses his practice in the areas of domestic and international estate-planning techniques for high-net-worth clients and is a nationally recognized authority on wealth preservation and offshore trusts. Mr. Rothschild is a past chair of the Real Property Trust & Estate Law Section of the American Bar Association and a fellow of the American College of Trust and Estate Counsel. He is a member of the editorial advisory boards of Tax Management Estates, Gifts, and Trusts and Trusts and Estates. He is a former adjunct professor in estate planning at New York Law School and University of Miami School of Law and a frequent lecturer to professional groups on asset protection and estate planning. Mr. Rothschild has been designated as a Distinguished Accredited Estate Planner by the National Association of Estate Planners and Councils and is listed in The Best Lawyers in America (Lawyer of the Year, 2018), Chambers USA, and New York Super Lawyers. Mr. Rothschild also is licensed as a certified public accountant.

Wealthy and Wise

Estate Planning for Families with Stepchildren

The presence of stepchildren can lead to possible conflicts of interest in estate planning. Here’s how to handle the possible problems.

Wealthy and Wise

Is Your Retirement Account Safe from Creditors?

Whether your IRAs are protected from creditors depends on the answers to several questions.

Wealthy and Wise

Why You Should Review Your Estate Plan Now

Given the frequent changes in tax laws, now may be the right time to conduct a thorough review of your estate plan. Here’s how.

Wealthy and Wise

The Right Way to Leave a Bequest for the Care of Your Pet

Here’s what you should and shouldn’t do to provide money for the care of your pet after you die.

Wealthy and Wise

Be Cautious When Naming Beneficiaries for Your IRA

As many readers are aware, IRAs can offer many benefits including the ability to defer taxes on the money placed…

Wealthy and Wise

Avoid Family Feuds Over Who Inherits Your Collectibles

When collectibles are divided up among heirs, a family can be torn apart over who gets what. An estate planner tells how to avoid this terrible outcome.

Wealthy and Wise

Here’s Who You Should Appoint as Your Executor or Trustee—and Who to Definitely Not Appoint

Defaulting to the easiest or most obvious choice for your executor or trustee can have bad consequences—for your estate and your family.

Wealthy and Wise

Year-End Estate Planning Moves to Make Before December 31

Now’s the time to review your existing estate plan to see whether changes in the law or in your situation mean you should take action.

Wealthy and Wise

How To Erase Potentially Giant Capital Gains Taxes

There’s a legal technique for giving away, and then receiving back, appreciated assets that wipes out your capital gain exposure. But know the danger, too.

Wealthy and Wise

Don’t Forget About Your Digital Assets in Your Estate Plan

Many estates are being held up because decedents never gave information and authorization to access their digital accounts. It’s an expensive mistake.

Wealthy and Wise

Don’t Die Without a Will

Some famous people—including Prince, Heath Ledger and now Aretha Franklin—died without a will. Even if you don’t have big assets, you still need one.

Wealthy and Wise

Are You a Trustee of a Life Insurance Trust? Know Your Obligations!

Being trustee of a life insurance trust is not just an honorary title—you really do have some key responsibilities that you must perform.

Wealthy and Wise

Divorce? Change Your Estate Planning Documents!

If you get divorced and fail to change your will, beneficiary designations and these other documents, there could be some very unwanted results.

Wealthy and Wise

How You Can Change an Irrevocable Trust: Decanting

An irrevocable trust doesn't have to be as irrevocable as you might think: To change an existing trust, decant it.

Wealthy and Wise

3 Estate-Planning Gotchas in the New Tax Law

If you set up or updated your estate plan even just a year ago, big changes in tax law could be ruining its ability to protect you and your heirs.

Wealthy and Wise

Does Your Will Contain This Formula for Disaster?

If you have a formula clause in your will that determines how assets get divided, you must review it now in light of the new federal tax law.

Wealthy and Wise

Uh Oh—Should Your Heirs Now Give Your Gifts BACK to You?

The new federal tax law means that some previous lifetime gifts to heirs will now cost a family more of its wealth and should be reversed.

Wealthy and Wise

Beneficiary Control of Trusts—How Much Is Just Right?

You have to walk a fine line to give your heirs just the right amount of control over their trusts. Here’s how to do it.

Wealthy and Wise

The Terrible and Shockingly Common Estate-Planning Mistake

Many people leave wealth to their heirs only to have those assets scooped up by creditors or other outsiders. How to prevent that.

Trusts

Can You Trust Your Trust?

To Protect Your Family, Avoid These 4 Big Traps Whether you are wealthy or not, a well-designed trust can make…