Voorhees Trusts Lawyer, New Jersey

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Mark Cherry
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Mark Cherry Law
385 Kings Highway North Suite 101 Cherry Hill, NJ 08034Â» view map
Estate
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800-824-6431
1. Mark Cherry Cherry Hill, NJ
  Attorney at Law - NJ, 1986
  Widener University J.D. 1986
2. AboutMark Cherry Law
  I will work with you whichever direction you chose to go.
3. Practice AreasSpecializations
  Estate, Wills, Power of Attorney
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Thomas Bullock

✓ VERIFIED

Estate Planning, Trusts, Wills & Probate

Thomas Bullock is a practicing lawyer in the state of New Jersey & has been licensed for 45 years. Attorney Bullock received his J.D. from Widener Uni... (more)

CONTACT

609-352-7499

2 Kings Hwy. W., Haddonfield, NJ 08033

Grayson H. Heberley

Social Security -- Disability, Mental Health, Wills & Probate, Trusts

Status: In Good Standing

CONTACT

24 Wilkins Ave, Haddonfield, NJ 08033

Nancy M. Rice

Social Security -- Disability, Mental Health, Wills & Probate, Trusts

Status: In Good Standing Licensed: 38 Years

CONTACT

1236 Brace Rd, Cherry Hill, NJ 08034

Elwood Baldwin

Estate, Wills, Trusts, Real Estate

Status: In Good Standing

CONTACT

9 Cooper Avenue, Marlton, NJ 08053

Gregory Taglienti

Real Estate, Trusts, Business, Car Accident, Divorce

Status: In Good Standing

CONTACT

-, Somerdale, NJ 08083

Jenifer Gaglia Fowler

Real Estate, Trusts, Estate, Elder Law

Status: In Good Standing Licensed: 26 Years

CONTACT

76 E Euclid Ave, Haddonfield, NJ 08033

Vincent Piccone

Trusts, Real Estate

Status: In Good Standing

CONTACT

Voorhees, NJ 08043

Frank Chwastek

Trusts, Real Estate, Insurance

Status: In Good Standing

CONTACT

Marlton, NJ 08053

Herbert Stayton

Trusts, Real Estate, Municipal

Status: In Good Standing

CONTACT

Marlton, NJ 08053

William Sragow

Trusts, Real Estate

Status: In Good Standing

CONTACT

Marlton, NJ 08053

800-923-0641

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LEGAL TERMS

KINDRED

Under some state's probate codes, all relatives of a deceased person.

TRUSTEE POWERS

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

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

FUNDING A TRUST

Transferring ownership of property to a trust.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

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.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

SAMPLE LEGAL CASES

OBERHARD v. Director, Div. of Tax

... She named her husband Robert Oberhand (Mr. Oberhand) executor and trustee, and established two trusts, a Marital Trust and a Family Trust. ... [1] The formula of the trusts was designed to avoid or limit the amount of federal and state 1205 estate taxes. ...

MATTER OF TRUST CREATED BY AGREEMENT DATED DECEMBER 20, 1961

... set forth. For our purposes, it is sufficient to note that between 1939 and 1963 Johnson created a series of trusts to benefit his family members. At ... Hill's sense of redundancy derived from his review of earlier trusts. In 1939, Johnson ...

In re Estate of Flood

... 378. In the Matter of the Trusts to be Established in the Matter of the ESTATE OF Margaret A. FLOOD, Deceased. ... The parties proceeded on the assumption that the decedent possessed the unfulfilled intent to create supplemental benefits trusts for her two disabled daughters. ...

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Voorhees Trusts Lawyer, New Jersey

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

Thomas Bullock

Grayson H. Heberley

Nancy M. Rice

Elwood Baldwin

Gregory Taglienti

Jenifer Gaglia Fowler

Vincent Piccone

Frank Chwastek

Herbert Stayton

William Sragow

TIPS

LEGAL TERMS

KINDRED

TRUSTEE POWERS

SURVIVING SPOUSE'S TRUST

FUNDING A TRUST

LIVING TRUST

QDOT TRUST

GENERATION-SKIPPING TRANSFER TAX

IN TERROREM

RULE AGAINST PERPETUITIES

SAMPLE LEGAL CASES

OBERHARD v. Director, Div. of Tax

MATTER OF TRUST CREATED BY AGREEMENT DATED DECEMBER 20, 1961

In re Estate of Flood

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