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Nima Ashtyani
About | Practice Areas
Stratton Ashtyani Law Group
795 Franklin Avenue Suite 206 Franklin Lakes, NJ 07417» view map
Estate Law
Dedicated To Helping Families Plan

Our attorneys are experienced litigators who understand the importance and efficiency of preventing litigation through proper planning.

800-706-9810
1. Nima Ashtyani Franklin Lakes, NJ
  Attorney at Law - NJ, 2012
  Seton Hall University J.D. 2012
2. AboutStratton Ashtyani Law Group
  Dedicated to helping families plan.
3. Practice AreasExpertise
  Estate Law
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Allan S. Gutfleish

Wills, Trusts, Estate Planning, Employment

Status: In Good Standing

CONTACT

Three University Plaza, Hackensack, NJ 07601

Joseph Dunn

Trusts, Estate Planning, Contract, Business Organization

Status: In Good Standing

CONTACT

80 E. State, Route 4, Paramus, NJ 07652

Lorraine A. Abraham

Litigation, Trusts, Estate, Divorce & Family Law

Status: In Good Standing

CONTACT

3 University Plaza, Hackensack, NJ 07601

Abed Awad

Estate, Trusts, Wills & Probate

Status: In Good Standing

CONTACT

777 Terrace Avenue, Hasbrouck Heights, NJ 07604

Aliza F. Burns

Trusts

Status: In Good Standing Licensed: 19 Years

CONTACT

433 Hackensack Ave, Hackensack, NJ 07601

Allison Jill Busch

Litigation, Trusts, Estate, Elder Law

Status: In Good Standing Licensed: 28 Years

CONTACT

433 Hackensack Ave, Hackensack, NJ 07601

Allison Busch

Trusts, Estate, Elder Law

Status: In Good Standing

CONTACT

433 Hackensack Ave, Hackensack, NJ 07601

Amie Gartenberg

Real Estate, Immigration, Trusts, Corporate

Status: In Good Standing

CONTACT

411 Hackensack Avenue, Hackensack, NJ 07601

Andrew Cevasco

Real Estate, Trusts, Elder Law, Products Liability

Status: In Good Standing

CONTACT

411 Hackensack Avenue, Hackensack, NJ 07601

AnnMarie Smits

Tax, Trusts, Real Estate, Elder Law

Status: In Good Standing

CONTACT

15 Essex Rd., Paramus, NJ 07652

800-923-0641

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LEGAL TERMS

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

TITLE COMPANY

A company that issues title insurance.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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.

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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Bergenfield Trusts Lawyer, New Jersey

Sponsored Law Firm

Stratton Ashtyani Law Group

SPONSORED LAWYERS

Allan S. Gutfleish

Joseph Dunn

Lorraine A. Abraham

Abed Awad

Aliza F. Burns

Allison Jill Busch

Allison Busch

Amie Gartenberg

Andrew Cevasco

AnnMarie Smits

TIPS

LEGAL TERMS

INHERIT

RESIDUARY ESTATE

ABATEMENT

TITLE COMPANY

RESIDUARY BENEFICIARY

INVESTOR

DEVISEE

HEIR AT LAW

EXEMPTION TRUST

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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