Blauvelt Estate Planning Lawyer, New York

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Includes: Gift Taxation

Carolyn J. Strassberg

Wills & Probate, Elder Law, Estate Planning, Wills
Status:  In Good Standing           

Lori J. Perlman

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

Michelle H. Frank

Business Organization, Wills & Probate, Estate Planning, Tax
Status:  In Good Standing           

Albert J. Kaiser

Wills & Probate, Trusts, Estate Planning, Elder Law
Status:  In Good Standing           

Kevin F. Hobbs

Tax, Estate Planning, Elder Law, Transactions
Status:  In Good Standing           

Allison E. Rich

Estate Planning, Estate, Elder Law, Civil & Human Rights
Status:  In Good Standing           Licensed:  13 Years

Allison Elisabeth Rich

Estate Planning, Estate, Elder Law, Civil & Human Rights
Status:  In Good Standing           Licensed:  13 Years

Robert S. Lewis

Bankruptcy & Debt, Divorce & Family Law, Estate Planning, Real Estate, Criminal
Status:  In Good Standing           Licensed:  38 Years

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Hugh Janow

International Tax, Estate Planning, Trusts
Status:  In Good Standing           Licensed:  59 Years

Harold Noah Chafitz

Gift Taxation, Estate Planning
Status:  In Good Standing           Licensed:  66 Years

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

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LEGAL TERMS

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)
The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)
An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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.

CREDIT SHELTER TRUST

See AB trust.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)
Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

TITLE COMPANY

A company that issues title insurance.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)
A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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). ...

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