Yonkers Estate Planning Lawyer, New York, page 2

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Includes: Gift Taxation

Adam L. Scharf

Criminal, Estate Planning, Family Law, Real Estate
Status:  In Good Standing           

FREE CONSULTATION 

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Vincent P. Fiore

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

Louis J Maggiotto

Estate Planning, Employment, Corporate, Antitrust
Status:  In Good Standing           Licensed:  51 Years

Christopher J. Marengo

Criminal, Estate Planning, Personal Injury, Real Estate
Status:  In Good Standing           Licensed:  39 Years

Susan B. Slater-Jansen

Estate, Estate Planning, Trusts, Wills & Probate
Status:  In Good Standing           Licensed:  43 Years

FREE CONSULTATION 

CONTACT

Daniel Paul Romano

Commercial Real Estate, Trusts, Estate Planning, Estate
Status:  In Good Standing           Licensed:  38 Years

Diane Welch Bando

Estate Planning, Family Law, Personal Injury, Medical Malpractice
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Giulia Frasca

Civil Rights, Environmental Law, Estate Planning, Family Law
Status:  In Good Standing           

Christopher P. Keenan

Construction, Estate Planning, Employment, Family Law
Status:  In Good Standing           Licensed:  34 Years

Katherine A. Lynch

Condominiums, Litigation, Estate Planning, Guardianships & Conservatorships
Status:  In Good Standing           Licensed:  25 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)
The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)
(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)
A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)
An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)
The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

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). ...