Moodus Trusts Lawyer, Connecticut, page 3

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Andrew M Amendola, Attorney at Law
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Accident & Injury, Criminal, Estate, Real Estate
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1. Andrew Amendola East Haven, CT
  Attorney at Law, CT
2. AboutAndrew M Amendola, Attorney at Law
  Where Every Client Matters
3. Practice AreasExpertise
  Accident & Injury, Criminal, Estate, Real Estate
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David Thomas Ryan

Litigation, Trusts, Personal Injury, Medical Malpractice

Status: Retired

CONTACT

29 South Main Street, Hartford, CT 06107

Edward Thomas Falsey

Real Estate, Wills, Trusts, Elder Law

Status: In Good Standing Licensed: 41 Years

CONTACT

24 Arapahoe Road, West Hartford, CT 06107

William J Keenan

Lending, Trusts, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

185 Asylum Street, Hartford, CT 06103

Gary O Olson

Real Estate, Criminal, Elder Law, Trusts

Status: Inactive Licensed: 68 Years

CONTACT

405 Broad Street, Meriden, CT 06450

Brian D Serignese

Real Estate, Wills & Probate, Trusts, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

400 Main Street, East Hartford, CT 06118

John P Clarkson

Real Estate, Trusts, Family Law, Workers' Compensation

Status: In Good Standing

CONTACT

300 Windsor Street, Hartford, CT 06120

Amalia M Toro

Real Estate, Legal Malpractice, Personal Injury, Trusts

Status: Deceased Licensed: 80 Years

CONTACT

234 Pearl Street, Hartford, CT 06103

800-923-0641

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LEGAL TERMS

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.

BENEFICIARY

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

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.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

SAMPLE LEGAL CASES

Taylor v. BARBERINO

... The plaintiffs, Marsha B. Taylor, formerly known as Marsha B. Petruzelli, and the accounting firm of Draskinis & Reims, PC, trustee of the Marsha B. Petruzelli Accumulation Trust and the Marsha B. Petruzelli Spray Trust (trusts), appeal from the summary judgment rendered by ...

Barber v. Barber

... At the hearing, the plaintiff disclosed that various partnership assets, including funds related to the sale of real property, had been transferred into two trusts in which he had a financial interest. Despite being directed by Kosowsky ...

Moodus Trusts Lawyer, Connecticut, page 3

Sponsored Law Firm

Andrew M Amendola, Attorney at Law

SPONSORED LAWYERS

David Thomas Ryan

Edward Thomas Falsey

William J Keenan

Gary O Olson

Brian D Serignese

John P Clarkson

Amalia M Toro

TIPS

LEGAL TERMS

EXECUTOR

BENEFICIARY

TRUST DEED

PROPERTY CONTROL TRUST

RESIDUARY ESTATE

HEIR APPARENT

IRREVOCABLE TRUST

ABSTRACT OF TRUST

QTIP TRUST

SAMPLE LEGAL CASES

Taylor v. BARBERINO

Barber v. Barber

Barber v. Barber

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