Thomas G. Draper, Jr. specializes in estate planning, probate and estate administration, and taxation. Representing both individuals and businesses, he successfully advises clients in numerous T&E issues, such as the use of trusts as the designated beneficiary of IRAs at death; the successful choice of income and estate tax elections to minimize taxes; complex fiduciary accounting; the complexities of administering large trusts and estates, including those with charitable interests; and minimizing fiduciary income tax through distributions, allocation of expenses and sophisticated tax elections.
Thomas is a member and former co-chair of the Section on Estates, Trusts and Surrogate’s Court Practice of the New York County Lawyers’ Association and currently chairs the Legislation and Government Regulation Committee of that section. He is also a member of the Trusts and Estates Section of the New York State Bar Association.
He has published and has lectured on a number of estate planning issues for bar associations as part of their Continuing Legal Education programs. Topics include “Representing the Professional – The Estate Planning Perspective,” for the New York County Lawyers’ Association; “Trust Situs and Fiduciary State Income Tax,” for the New York County Lawyers’ Association; “Drafting and Administering a Revocable Trust,” for the Association of the Bar of the City of New York; and “Revocable Trusts: Estate Planning for the Middle Class Client,” for the New York State Bar Association.
Thomas, who served as an officer in the U.S. Coast Guard, is a graduate of the University of Michigan and received his J.D. from Columbia Law School. He received his LLM in taxation from New York University.