Oakland Gardens Estate Planning Lawyer, New York, page 3

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Roman Aminov
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The Law Offices of Roman Aminov
147-17 Union Turnpike Flushing, NY 11367 » view map
Elder Law, Probate, Estate Planning
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The Law Offices of Roman Aminov is a client centric trusts and estates practice concentrating in estate planning, elder law, and probate.

800-965-1840
1. Roman Aminov Flushing, NY
  Attorney At Law - New York, 2011
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  "Roman went out his way to help me. He made several attempts to contact me."
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Includes: Gift Taxation

Martin Allan Pollak

Wills & Probate, Estate Planning, Estate, Divorce, Divorce & Family Law

Status: In Good Standing

CONTACT

21408 41St Ave, Bayside, NY 11361

Mary L Rhodes

Real Estate, Estate Planning, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 19 Years

CONTACT

3000 Marcus Ave, New Hyde Park, NY 11042

Kenneth J Schreiber

Real Estate, Estate Planning, Family Law, Criminal

Status: In Good Standing Licensed: 59 Years

CONTACT

12510 Queens Blvd, Kew Gardens, NY 11415

Edward Francis Cunningham

Other, Commercial Real Estate, Federal Appellate Practice, Estate Planning

Status: In Good Standing Licensed: 47 Years

CONTACT

62 Cambridge Ave, Garden City, NY 11530

Thomas Arthur Etro

General Practice

Status: In Good Standing Licensed: 43 Years

CONTACT

833 Rutgers Rd, Franklin Square, NY 11010

Jerome Plotner

Commercial Real Estate, Wills, Trusts, Estate Planning

Status: In Good Standing Licensed: 72 Years

CONTACT

14709 88Th Ave, Jamaica, NY 11435

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.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

CREDIT SHELTER TRUST

See AB trust.

NET ESTATE

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

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.

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.

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.

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.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

SAMPLE LEGAL CASES

Schneider v. Finmann

... maintain an action for legal malpractice. We now reverse and reinstate plaintiff's claim. Strict privity, as applied in the context of estate planning malpractice actions, is a minority rule in the United States. [1] In New York, a third ...

Fielding v. Kupferman

... The documents at issue in Bishop were estate planning instruments executed by the plaintiff who believed that he was giving his wife a life estate and was not limiting his access to his life savings (Bishop, 33 AD3d 497, 501 [2006], affd 9 NY3d 910 [2007]). ...

Kram Knarf, LLC v. Djonovic

... The client's malpractice complaint was silent as to how the attorneys misled him, what they failed to explain to him concerning the estate planning documents he executed, and which of his instructions those documents did not reflect (33 AD3d at 498-499). ...

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Oakland Gardens Estate Planning Lawyer, New York, page 3

Sponsored Law Firm

The Law Offices of Roman Aminov

SPONSORED LAWYERS

Martin Allan Pollak

Mary L Rhodes

Kenneth J Schreiber

Edward Francis Cunningham

Thomas Arthur Etro

Jerome Plotner

TIPS

LEGAL TERMS

BENEFICIARY

POUR-OVER WILL

CREDIT SHELTER TRUST

NET ESTATE

STATUTORY SHARE

AB TRUST

INTESTATE

RESIDUARY ESTATE

WILL

SAMPLE LEGAL CASES

Schneider v. Finmann

Fielding v. Kupferman

Kram Knarf, LLC v. Djonovic

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