Verona Estate Lawyer, New Jersey, page 2

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Kevin F. Murphy

Tax, Trusts, Estate Planning, Elder Law
Status:  In Good Standing           Licensed:  41 Years

Lawrence Minasian

Family Law, Estate Planning, Real Estate, Bankruptcy
Status:  In Good Standing           Licensed:  30 Years

William S. Greenberg

Real Estate, Litigation, Estate Planning, Family Law
Status:  In Good Standing           Licensed:  31 Years

Barry R. Mandelbaum

Commercial Real Estate, Estate Planning, Business Organization, Banking & Finance
Status:  In Good Standing           Licensed:  63 Years

Larry A. Stempler

Real Estate, Trusts, Business Organization
Status:  In Good Standing           Licensed:  50 Years

Todd J. Wieseneck

Wills & Probate, Elder Law, Corporate, Business Organization, Business
Status:  In Good Standing           Licensed:  46 Years

Anthony J. Marino

Mental Health, Estate Planning, Environmental Law, Elder Law
Status:  In Good Standing           Licensed:  38 Years

Lisa Factor Fox

Tax, Real Estate, Estate Planning, Non-profit
Status:  In Good Standing           Licensed:  33 Years

Stephen R. Urbinato

Estate Administration, Estate Planning, Partnerships, Antitrust
Status:  In Good Standing           Licensed:  35 Years

Rebecca L. Eckert

Foreclosure, Bankruptcy, Wills & Probate
Status:  In Good Standing           

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Lawyer.com can help you easily and quickly find Verona Estate Lawyers and Verona Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

GRANTOR

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

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 The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent.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.

CERTIFICATION OF TRUST

See abstract of trust.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

SURROGATE COURT

See probate court.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

IRREVOCABLE TRUST

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

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)
A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

SAMPLE LEGAL CASES

Brundage v. Estate of Carambio

The facts and circumstances that bring this matter before the Court are in some ways truly unique because, merely by the happenstance of timing, the effect of the attorney's behavior, even if we were to find that it violated our ethical standards, could not have affected the outcome of ...

In re Estate of Stockdale

We conclude that, actions arising from disputed wills and related documents designed to dispose of estate assets and which rest on allegations of undue influence are most often resolved through the equitable remedies available in the Probate Part. We further conclude that, although a ...

Estate of Cordero v. Christ Hosp.

Plaintiffs, the estate and husband of Ramona Cordero, appeal from an order granting summary judgment in favor of defendant Christ Hospital on claims of fraudulent concealment of evidence and vicarious liability for the negligence of defendant Dr. Selvia G. Zaklama. Dr. Zaklama, ...