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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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Adam Haberfield

Trusts, Real Estate, Business

Status: In Good Standing

CONTACT

75 Eisenhower Pkwy., Roseland, NJ 07068

Aericka Heavens

Business, Trusts, Real Estate

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

Alexander Graziano

Trusts, Real Estate

Status: In Good Standing

CONTACT

685 Bloomfield Ave., Verona, NJ 07044

Allan C. Bell

International Tax, International, Trusts, Estate

Status: In Good Standing

CONTACT

One Riverfront Plaza, Newark, NJ 07102

Ari Davis

Trusts, Real Estate

Status: In Good Standing

CONTACT

1 Boland Dr, West Orange, NJ 07052

Arnold Shurkin

Real Estate, Wills & Probate, Trusts, Corporate

Status: In Good Standing

CONTACT

Passaic, NJ 07055

Arthur Hopkins

Trusts, Business, Real Estate, Land Use & Zoning

Status: In Good Standing

CONTACT

1037 Route 46 E., Clifton, NJ 07011

Arthur Horn

Trusts

Status: In Good Standing

CONTACT

685 Bloomfield Ave., Verona, NJ 07044

Bardin Levavy

Foreclosure, Trusts, Divorce, Business

Status: In Good Standing

CONTACT

1 Boland Dr, West Orange, NJ 07052

800-923-0641

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LEGAL TERMS

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

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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Glen Ridge Trusts Lawyer, New Jersey

Sponsored Law Firm

Stratton Ashtyani Law Group

SPONSORED LAWYERS

Adam Haberfield

Aericka Heavens

Alan Trembulak

Alexander Graziano

Allan C. Bell

Ari Davis

Arnold Shurkin

Arthur Hopkins

Arthur Horn

Bardin Levavy

TIPS

LEGAL TERMS

BENEFICIARY

CERTIFIED COPY

FAMILY ALLOWANCE

RESIDUARY BENEFICIARY

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

ESTATE TAXES

SUCCESSION

RESIDUARY ESTATE

QDOT TRUST

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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