Scott Siedor

Scott Siedor

Scott Siedor is an associate in the Trusts and Estates Group. His practice is focused in the areas of estate and trust planning and probate administration. Scott counsels individuals and families with respect to a variety of wealth preservation issues and techniques, including planning for the management, protection, and transfer of assets during lifetime and upon death. His practice involves advice to families regarding income and transfer tax issues. He works with owners of closely-held businesses in the transition of the business. He also represents individual and professional fiduciaries and beneficiaries in probate courts in fiduciary-related litigation matters.  Read his full bio here.

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New York Financial Services Cybersecurity Regulations Deadline Looming This Week

On March 1, 2018, the one year transition period within which banks, insurance companies, and other financial services institutions and licensees regulated by the New York Department of Financial Services (“Covered Entities”)  must have implemented a cybersecurity program ends. By March 1, the Covered Entities must be in compliance with the following requirements: 23 NYCRR … Continue Reading

New York’s Landmark Cybersecurity Regulation Compliance Deadlines Looming

On February 15, 2018—that is, today—banks, insurance companies and other financial services institutions and licensees regulated by the New York Department of Financial Services (DFS) are required to file their first certification of compliance with DFS’s far reaching cybersecurity regulation (23 NYCRR Part 500) (the “Regulation”). The Regulation, which became effective on March 1, 2017, … Continue Reading

Digital assets…Coming soon to a state near you!

In the hours leading up to the legislature’s constitutional adjournment deadline of midnight on May 4, the Connecticut State Senate passed House Bill 5606, the “Connecticut Revised Uniform Fiduciary Access to Digital Assets Act.” The bill, passing unanimously on consent calendar, extends a fiduciary’s existing authority over a represented person’s assets to include such person’s … Continue Reading

Reading the fine print… What happens to your social media presence after death?

When an individual signs up for a new online account, the process typically requires an agreement to the provider’s terms of service.  While service providers often have policies controlling what will happen on the death of an account holder, individuals rarely read the terms of service.  Nevertheless, the user is technically informed of these policies … Continue Reading