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Hicksville Trusts Lawyer, New York, page 2

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Donna June Turetsky

Trusts, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing

90 Merrick Ave, East Meadow, NY 11554

Marc Stephen Bekerman

Trusts, Estate

Status: In Good Standing Licensed: 32 Years

Woodbury, NY 11797

Steven J. Goldstein

Commercial Real Estate, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 45 Years

100 Crossways Park Dr W, Woodbury, NY 11797

John W. Giblin

Industry Specialties, Trusts, Estate, Business

Status: In Good Standing Licensed: 56 Years

400 Rxr Plaza, Uniondale, NY 11556

John J. Barnosky

Litigation, Trusts, Estate, Business

Status: In Good Standing Licensed: 57 Years

400 Rxr Plaza, Uniondale, NY 11556

Eric M. Kramer

Real Estate, International, Trusts, Estate

Status: In Good Standing Licensed: 36 Years

400 Rxr Plaza, Uniondale, NY 11556

Neil Vincent Carbone

Litigation, Trusts, Estate, Business

Status: In Good Standing Licensed: 29 Years

400 Rxr Plaza, Uniondale, NY 11556

Yeshim Ergin O'Donnell

Trusts

Status: In Good Standing Licensed: 27 Years

400 Rxr Plaza, Uniondale, NY 11556

Patricia C. Marcin

Trusts, Estate, Accident & Injury

Status: In Good Standing Licensed: 39 Years

400 Rxr Plaza, Uniondale, NY 11556

Louis P. Karol

Class Action, Trusts, Estate, Wrongful Termination

Status: Suspended

521 Rxr Plz, Uniondale, NY 11556

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LEGAL TERMS

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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.

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.

BENEFICIARY

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

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation 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.

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.'

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

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).

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation â€” then a fairly new kind of entity â€” a familiar principle of the law of trusts: that a beneficiary (or "cestui que trust") could bring suit on behalf of a trust when a faithless trustee refused to do so. ...

IN THE MATTER OF DE SANCHEZ

... In 1927, two years before the Great Depression, Elizabeth Laurent de Sanchez, whose family owned a sugar plantation in Cuba, set up seven inter vivos trusts for the benefit of her six childrenâ€”Emilio (two trusts in his name), Jorge, Julio, Marcelo, Maria and Gabriela. ...

Matter of Mergenhagen

... as appealed from is unanimously reversed on the law without costs, 1487 the petitions are granted in part, the termination of trust dated October 10, 1994 is vacated, respondent David M. Mergenhagen is removed as trustee from the 1991 and 1994 irrevocable trusts, he is ...

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