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Alison Schrag

Alison Schrag

Law Partner at Sherman Atlas Sylvester & Stamelman LLP

New City, New York, United States

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Alison Schrag is a partner at Sherman Atlas Sylvester & Stamelman LLP, where she focuses her practice on trusts and estates planning and administration. She guides families, entrepreneurs, and fiduciaries through trust and estate planning, contested account proceedings, and related proceedings. The firm operates in New York and New Jersey, providing services across a range of areas, including estate planning, corporate law, internal investigations, banking and financial services, litigation, and tax planning.

With nearly twenty years of experience, she is admitted to practice in both New York and New Jersey. She began her career as a litigation associate, representing financial institutions and corporate trustees in fiduciary and commercial proceedings. Before joining her current firm, she was a partner at a New York-based trust and estate practice, where she gained deep experience advising families and fiduciaries. In that role, she worked closely with clients to create long‑term planning strategies and advocated for their interests when contested proceedings arose.

Alison Schrag of New York works closely with families, entrepreneurs, and owners of closely held or mid‑sized businesses to design and implement tailored estate and trust planning strategies. She focuses on ensuring that these strategies reduce taxes, facilitate the orderly distribution of assets, and anticipate potential incapacity. By providing her clients with an understanding of their options, she guides them toward making informed decisions that align with their long-term objectives and personal circumstances. Her clients range from first‑generation entrepreneurs and owners of family businesses to those with charitable interests or cross‑border planning needs.

She has deep experience representing executors, trustees, personal representatives, and beneficiaries in contested proceedings, including contested account proceedings and contested kinship hearings. In contested proceedings, she works closely with families to protect their interests and advocate for their rights. In contested kinship hearings, she guides families through presenting genealogical evidence and testimony required to confirm their right to inherit. In every matter she handles, she ensures that her clients have a voice and that their interests are represented and protected.

Alison Schrag is a trusted voice in the area of trust and estate planning. She is frequently invited to speak to wealth advisory firms and their clients about core estate planning strategies, federal and state tax considerations, advanced planning for high‑net‑worth families, and succession planning for family‑owned businesses. She earned her BA from Colgate University, graduating with honors, and her JD from Brooklyn Law School, where she served as an editor of the Brooklyn Law Review and was a member of the Moot Court Honor Society. She has dedicated time to charitable efforts, serving as a crisis counselor and supporting food pantries and coat drives throughout New York. She lives in New York with her husband and two sons and spends her free time traveling, hiking, running, and volunteering.

Topics

  • Law Partner
  • Law

Alison Schrag

Law Partner at Sherman Atlas Sylvester & Stamelman LLP

New City, New York, United States

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