Allenhurst Estate Lawyer, New Jersey

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Patricia  Colligan Lawyer

Patricia Colligan

VERIFIED
Estate, Trusts, Bankruptcy & Debt
Private Practice with Main Concentration in Bankruptcy

Serving Monmouth and Ocean Counties, the Law Office of Patricia Colligan, LLC is a law firm focusing on Bankruptcy Law.

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732-542-6600

Nestor A Winters

Land Use & Zoning, Real Estate, Estate Administration, Corporate
Status:  In Good Standing           

John O. Bennett

Government, Estate
Status:  In Good Standing           

John G. Koufos

Criminal, Estate Planning, Family Law, Litigation
Status:  In Good Standing           

Richard C. Flanigan

Land Use & Zoning, Real Estate, Wills & Probate, Estate
Status:  In Good Standing           

Rosemary Simon

Social Security, Trusts, Elder Law, Civil & Human Rights
Status:  In Good Standing           Licensed:  19 Years

Stacey C Maiden

Real Estate, Lawsuit & Dispute, Estate
Status:  In Good Standing           Licensed:  30 Years

Victor M. Covelli

Real Estate, Estate Planning, Criminal, Personal Injury
Status:  In Good Standing           Licensed:  43 Years

Bernard D Karasic

Real Estate, Estate, Environmental Law, Business
Status:  In Good Standing           Licensed:  70 Years

David Esses

Wills & Probate, Child Custody
Status:  In Good Standing           Licensed:  25 Years

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LEGAL TERMS

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)
In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

NET ESTATE

The value of all property owned at death less liabilities or debts.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)
(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)
All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

SAMPLE LEGAL CASES

Brundage v. Estate of Carambio

The facts and circumstances that bring this matter before the Court are in some ways truly unique because, merely by the happenstance of timing, the effect of the attorney's behavior, even if we were to find that it violated our ethical standards, could not have affected the outcome of ...

In re Estate of Stockdale

We conclude that, actions arising from disputed wills and related documents designed to dispose of estate assets and which rest on allegations of undue influence are most often resolved through the equitable remedies available in the Probate Part. We further conclude that, although a ...

Estate of Cordero v. Christ Hosp.

Plaintiffs, the estate and husband of Ramona Cordero, appeal from an order granting summary judgment in favor of defendant Christ Hospital on claims of fraudulent concealment of evidence and vicarious liability for the negligence of defendant Dr. Selvia G. Zaklama. Dr. Zaklama, ...