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Nima Ashtyani
About | Practice Areas
Stratton Ashtyani Law Group
795 Franklin Avenue Suite 206 Franklin Lakes, NJ 07417» view map
Estate Law
Dedicated To Helping Families Plan

Our attorneys are experienced litigators who understand the importance and efficiency of preventing litigation through proper planning.

800-706-9810
1. Nima Ashtyani Franklin Lakes, NJ
  Attorney at Law - NJ, 2012
  Seton Hall University J.D. 2012
2. AboutStratton Ashtyani Law Group
  Dedicated to helping families plan.
3. Practice AreasExpertise
  Estate Law
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Victoria Fiabane

Trusts

Status: In Good Standing

CONTACT

105 Grove Street, Montclair, NJ 07042

Alan Trembulak

Immigration, Trusts, Employment

Status: In Good Standing

CONTACT

105 Grove Street, Montclair, NJ 07042

Margaret Jurow

Trusts, Real Estate, Bankruptcy, Labor Law

Status: In Good Standing

CONTACT

105 Grove Street, Montclair, NJ 07042

Aericka Heavens

Business, Trusts, Real Estate

Status: In Good Standing

CONTACT

105 Grove Street, Montclair, NJ 07042

Gail Pester

Trusts, Real Estate, Business

Status: In Good Standing

CONTACT

105 Grove Street, Montclair, NJ 07042

Judith Wildman

Trusts, Business, Real Estate

Status: In Good Standing

CONTACT

105 Grove Street, Montclair, NJ 07042

Martin Hauptman

Trusts

Status: In Good Standing

CONTACT

1 Boland Dr, West Orange, NJ 07052

Bardin Levavy

Foreclosure, Trusts, Divorce, Business

Status: In Good Standing

CONTACT

1 Boland Dr, West Orange, NJ 07052

Elizabeth Gasser

Trusts, Tax, Real Estate

Status: In Good Standing

CONTACT

1 Boland Dr, West Orange, NJ 07052

Sheila Tarabour

Tax, Trusts, Real Estate, Elder Law

Status: In Good Standing

CONTACT

1 Boland Dr, West Orange, NJ 07052

800-923-0641

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LEGAL TERMS

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.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

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, ...

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Glen Ridge Estate Lawyer, New Jersey, page 5

Sponsored Law Firm

Stratton Ashtyani Law Group

SPONSORED LAWYERS

Victoria Fiabane

Alan Trembulak

Margaret Jurow

Aericka Heavens

Gail Pester

Judith Wildman

Martin Hauptman

Bardin Levavy

Elizabeth Gasser

Sheila Tarabour

TIPS

LEGAL TERMS

ABATEMENT

AB TRUST

ENTITY

TRUSTEE POWERS

OFFICER

MINERAL RIGHTS

SELF-PROVING WILL

EXECUTOR

SPENDTHRIFT TRUST

SAMPLE LEGAL CASES

Brundage v. Estate of Carambio

In re Estate of Stockdale

Estate of Cordero v. Christ Hosp.

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