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alisonschrag

Alison Schrag is a partner at Sherman Atlas Sylvester & Stamelman LLP, where she focuses her practice on trusts and estates planning and administration. She works with families, entrepreneurs, and fiduciaries to help them create and manage long‑term estate and trust planning strategies. She guides clients through contested account proceedings and other trust and estate proceedings when needed. The firm operates in New York and New Jersey, providing services in 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 legal career as a litigation associate, representing financial institutions and corporate trustees in fiduciary proceedings and complex commercial disputes. Before joining her current firm, she was a partner at a New York-based trust and estate practice, where she gained extensive experience advising families, entrepreneurs, and fiduciaries on long-term planning and contested proceedings. In that role, she worked closely with her clients to help design and implement strategies tailored to their needs and objectives. Alison Schrag of New York works closely with families, entrepreneurs, and owners of closely held businesses to create estate and trust planning strategies tailored to their specific circumstances. She focuses on helping her clients reduce taxes, maintain an orderly distribution of their assets, and anticipate potential incapacity. By ensuring her clients understand their options, she guides them toward making decisions that align with their long-term priorities and personal circumstances. Her clients range from first-generation entrepreneurs and owners of family-owned businesses to those with charitable interests and cross-border planning needs. She has extensive experience in contested proceedings in the Surrogate’s Court, including contested account proceedings and contested kinship hearings. In contested proceedings, she works closely with executors, trustees, personal representatives, and beneficiaries to help protect their interests. In contested kinship proceedings, she guides families through the process of presenting genealogical evidence and testimony to establish their rightful inheritance. In every matter she handles, she focuses on ensuring that her client’s interests and rights are fully advocated for and protected. Alison Schrag is a trusted voice in the area of trust and estate planning. She is often 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.

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