Clay Estate Lawyer, New York

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Alan John Willmes

Traffic, Nursing Home, Estate Planning, Transactions
Status:  In Good Standing           Licensed:  33 Years

Bryan James Maether

Residential Real Estate, Public Interest Law, Estate, Divorce & Family Law
Status:  In Good Standing           Licensed:  11 Years

Christopher James Velez

Real Estate, Estate, Divorce & Family Law, Business
Status:  In Good Standing           

Daniel Joseph Hebert

Real Estate, Lawsuit & Dispute, Government, Estate
Status:  In Good Standing           Licensed:  13 Years

Jeffrey B. Andrus

International Tax, International, Estate, Insurance, Business
Status:  In Good Standing           Licensed:  42 Years

Jeffrey B. Andrus

International Tax, International, Estate, Insurance, Business
Status:  In Good Standing           Licensed:  42 Years

Mara J. Wegerski

Real Estate, Estate, Criminal
Status:  In Good Standing           Licensed:  16 Years

Mara J. Wegerski

Real Estate, Welfare, Estate, Child Custody
Status:  In Good Standing           Licensed:  16 Years

Robert H. Gale

Corporate Tax, Tax, Gift Taxation, Divorce, DUI-DWI
Status:  In Good Standing           Licensed:  46 Years

Timothy Alan Collins

Special Education, Education, Estate, Employment
Status:  In Good Standing           Licensed:  21 Years

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LEGAL TERMS

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

CERTIFICATION OF TRUST

See abstract of trust.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)
Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

FUNDING A TRUST

Transferring ownership of property to a trust.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)
A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)
An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

NET ESTATE

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

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...