South Bound Brook Estate Planning Lawyer, New Jersey

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Craig Provorny
About | Practice Areas
Herold Law, P.A.
25 Independence Boulevard Warren, New Jersey 07059-6747» view map
Estate, Wills & Probate, Power Of Attorney, Trusts
Committed To Excellence

Herold Law, P.A. is committed to reaching the most efficient and effective resolutions possible for their clients.

800-845-9621
1. Craig Provorny Warren, NJ
  Attorney at Law - NJ, 1986
  Yeshiva, JD, Magna Cum Laude, 1986
2. AboutHerold Law, P.A.
  Over 20 years of experience.
3. Practice AreasExpertise
  Estate Law
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2. Email
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Includes: Gift Taxation

Katherine E. Ingrassia

Estate Planning

Status: In Good Standing

CONTACT

1256 Route 202/206 North, Bridgewater, NJ 08807

Daniel P. Boyle

Estate Planning, Family Law, Litigation, Personal Injury

Status: In Good Standing

CONTACT

340 George Street, New Brunswick, NJ 08901

Patrick James Thornton

Gift Taxation, Tax

Status: In Good Standing Licensed: 44 Years

CONTACT

304 Elizabeth Ave, Point Pleasant Beach, NJ 08742

George James Schroder

General Practice

Status: Inactive Licensed: 35 Years

CONTACT

One Centennial Way, Piscataway, NJ 08854

Kara Allison Kaczynski

Real Estate, Estate Planning, Consumer Protection, Business

Status: In Good Standing Licensed: 26 Years

CONTACT

275 East Main St, Somerville, NJ 08876

Robert T Mc Nally

Commercial Real Estate, Wills, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 25 Years

CONTACT

275 East Main St, Somerville, NJ 08876

Ronald James Nelson

Other, Commercial Real Estate, Estate Planning, Business

Status: In Good Standing Licensed: 55 Years

CONTACT

161 Washington Valley Rd, Warren, NJ 07059

Thomas Curtis Caldwell

Business Organization, Estate Planning

Status: In Good Standing Licensed: 13 Years

CONTACT

18 Hill Ave, Somerset, NJ 08873

Robert Christopher Gabrielski

Other, International, Gift Taxation, Business

Status: In Good Standing

CONTACT

400 Crossing Blvd, Bridgewater, NJ 08807

Michelle Lauren Scanlon

Education, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 9 Years

CONTACT

400 Crossing Blvd, Bridgewater, NJ 08807

800-923-0641

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LEGAL TERMS

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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.

SURROGATE COURT

See probate court.

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.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.

SAMPLE LEGAL CASES

Shotmeyer v. NJ Realty Title Ins. Co.

... or conveyance of such estate or interest. . . . As part of their estate planning, the Shotmeyers formed the limited partnership, Beaver Run Farms, LP, on December 30, 1991. SB Properties, Inc., a corporation owned jointly and ...

In re Estate of Stockdale

953 A.2d 454 (2008). 196 NJ 275. In the Matter of the ESTATE OF Madeleine L. STOCKDALE, Deceased. A-121 September Term 2006. Supreme Court of New Jersey. Argued October 9, 2007. Decided July 22, 2008. 457 Frederick ...

Finderne Mgmt. Co. v. Barrett

... The brothers agreed that additional estate planning strategies "such as retitling assets, new wills, new trusts, and some other financial planning" techniques were necessary to "reduce the estate tax[es] down to a meaningful level" and, in planning for their retirement, to provide a ...

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South Bound Brook Estate Planning Lawyer, New Jersey

Sponsored Law Firm

Herold Law, P.A.

SPONSORED LAWYERS

Katherine E. Ingrassia

Daniel P. Boyle

Patrick James Thornton

George James Schroder

Kara Allison Kaczynski

Robert T Mc Nally

Ronald James Nelson

Thomas Curtis Caldwell

Robert Christopher Gabrielski

Michelle Lauren Scanlon

TIPS

LEGAL TERMS

SWEARING MATCH

ALTERNATE BENEFICIARY

SPENDTHRIFT TRUST

SURROGATE COURT

INTESTATE

PERSONAL PROPERTY

INTESTATE SUCCESSION

POWER OF APPOINTMENT

TRUST DEED

SAMPLE LEGAL CASES

Shotmeyer v. NJ Realty Title Ins. Co.

In re Estate of Stockdale

Finderne Mgmt. Co. v. Barrett

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