Bogota Estate Planning Lawyer, New Jersey, page 2

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Includes: Gift Taxation

Arthur Chagaris

Commercial Real Estate, Estate Administration, Divorce, Personal Injury, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Bruce Jay Ackerman

Estate Planning, Family Law, Civil Rights, Corporate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

Bruce Ackerman

Estate Planning, Family Law, Civil Rights, Corporate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Cara Landolfi

Estate Planning, Employee Rights, Family Law, Personal Injury, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Casmir Steven Sondey

Corporate Tax, Gift Taxation, Tax
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  30 Years

Cathy J Pollak

Immigration, Estate Planning, Divorce, Criminal, Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  48 Years

Celina Moonkyung Cho

International, Immigration, Gift Taxation, Business, Tax
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  20 Years

Christopher William Hliboki

Estate Planning, Corporate, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  31 Years

Dana Marie Caravela

Residential Real Estate, Commercial Real Estate, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  18 Years

David James Altieri

Lawsuit & Dispute, Criminal, Accident & Injury, Commercial Real Estate, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  15 Years

Free Help: Use This Form or Call 800-814-6700

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)
A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)
Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)
A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)
Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)
All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)
Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

SURROGATE COURT

See probate court.

SAMPLE LEGAL CASES

Shotmeyer v. NJ Realty Title Ins. Co.

... or conveyance of such estate or interest. . . . As part of their estate planning, the Shotmeyers formed the limited partnership, Beaver Run Farms, LP, on December 30, 1991. SB Properties, Inc., a corporation owned jointly and ...

In re Estate of Stockdale

953 A.2d 454 (2008). 196 NJ 275. In the Matter of the ESTATE OF Madeleine L. STOCKDALE, Deceased. A-121 September Term 2006. Supreme Court of New Jersey. Argued October 9, 2007. Decided July 22, 2008. 457 Frederick ...

Finderne Mgmt. Co. v. Barrett

... The brothers agreed that additional estate planning strategies "such as retitling assets, new wills, new trusts, and some other financial planning" techniques were necessary to "reduce the estate tax[es] down to a meaningful level" and, in planning for their retirement, to provide a ...

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