East Hanover Trusts Lawyer, New Jersey

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Jay Freireich
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FREIREICH L.L.C.
354 Eisenhower Parkway Plaza II, Suite 2400 Livingston, NJ 07039» view map
Estate Law
Experienced. Knowledgeable. Reputable.

At Freireich L.L.C. in Livingston, I help clients tackle legal challenges and address future needs through effective advice on estate and tax matters.

800-920-4971
1. Jay Freireich Livingston, NJ
  Attorney at Law - NJ, 1987
  University of Miami LL.M. 1986
2. AboutFREIREICH L.L.C.
  Experienced. Knowledgeable. Reputable.
3. Practice AreasExpertise
  Estate Law
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Arnold Schancupp

Family Law, Trusts, Real Estate, Wills

Status: In Good Standing

CONTACT

271 US Highway Route 46 West, Fairfield, NJ 07004

Vincent N. Macri

Medicare & Medicaid, Trusts, Estate Planning, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

49 Ridgedale Avenue, East Hanover, NJ 07936

Michael J. Ackerman

Lawsuit & Dispute, Trusts

Status: In Good Standing Licensed: 22 Years

CONTACT

120 Eagle Rock Ave, East Hanover, NJ 07936

Colleen Cook

Trusts

Status: In Good Standing

CONTACT

120 Eagle Rock Avenue, East Hanover, NJ 07936

Donald Mchugh

Elder Law, Trusts

Status: In Good Standing

CONTACT

120 Eagle Rock Avenue, East Hanover, NJ 07936

Elissa Buonarota

Real Estate, Immigration, Trusts, Criminal

Status: In Good Standing

CONTACT

355 Eisenhower Pkwy, Livingston, NJ 07039

Richard Ira Bier

Real Estate, Corporate, Commercial Real Estate, Trusts

Status: In Good Standing Licensed: 51 Years

CONTACT

75 Eisenhower Parkway, Roseland, NJ 07068

Gregory Konzelman

Trusts, Real Estate

Status: In Good Standing

CONTACT

75 Eisenhower Parkway, Roseland, NJ 07068

Daniel Bibergal

Trusts, Real Estate

Status: In Good Standing

CONTACT

75 Eisenhower Parkway, Roseland, NJ 07068

William Soriano

Trusts, Real Estate

Status: In Good Standing

CONTACT

75 Eisenhower Pkwy, Roseland, NJ 07068

800-923-0641

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LEGAL TERMS

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

NET ESTATE

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

SAMPLE LEGAL CASES

OBERHARD v. Director, Div. of Tax

... She named her husband Robert Oberhand (Mr. Oberhand) executor and trustee, and established two trusts, a Marital Trust and a Family Trust. ... [1] The formula of the trusts was designed to avoid or limit the amount of federal and state 1205 estate taxes. ...

MATTER OF TRUST CREATED BY AGREEMENT DATED DECEMBER 20, 1961

... set forth. For our purposes, it is sufficient to note that between 1939 and 1963 Johnson created a series of trusts to benefit his family members. At ... Hill's sense of redundancy derived from his review of earlier trusts. In 1939, Johnson ...

In re Estate of Flood

... 378. In the Matter of the Trusts to be Established in the Matter of the ESTATE OF Margaret A. FLOOD, Deceased. ... The parties proceeded on the assumption that the decedent possessed the unfulfilled intent to create supplemental benefits trusts for her two disabled daughters. ...

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East Hanover Trusts Lawyer, New Jersey

Sponsored Law Firm

FREIREICH L.L.C.

SPONSORED LAWYERS

Arnold Schancupp

Vincent N. Macri

Michael J. Ackerman

Colleen Cook

Donald Mchugh

Elissa Buonarota

Richard Ira Bier

Gregory Konzelman

Daniel Bibergal

William Soriano

TIPS

LEGAL TERMS

SPENDTHRIFT TRUST

POWER OF APPOINTMENT

PUBLIC ADMINISTRATOR

STATUTORY SHARE

INTESTATE

TRUST DEED

TRUST MERGER

TRUST CORPUS

NET ESTATE

SAMPLE LEGAL CASES

OBERHARD v. Director, Div. of Tax

MATTER OF TRUST CREATED BY AGREEMENT DATED DECEMBER 20, 1961

In re Estate of Flood

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