Commack Estate Planning Lawyer, New York

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Includes: Gift Taxation

Anthony Vincent Falcone Lawyer

Anthony Vincent Falcone

VERIFIED *Status is reviewed annually. For latest information visit here
Estate Planning

Mr. Falcone has extensive knowledge in estate planning for families of all ages and all income levels, Medicaid Asset Protection for seniors, Special ... (more)

Eliot M. Rudick

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

Mark Howard Weiss

Estate, Estate Planning, Estate Administration
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Alexander Gavilla

Entertainment, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  14 Years

Lisa Angella Harvey

Divorce & Family Law, Estate Planning, Wills & Probate, Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  8 Years

Barbara B. Ohlig

Estate Planning, Commercial Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  42 Years

John Calimano

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

Donald J. Farinacci

Trusts, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Bernadette E. Tuthill

Corporate, Estate Planning, Guardianships & Conservatorships, Trusts
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Dustin Allen Schock

Landlord-Tenant, Dispute Resolution, Immigration, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  14 Years

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

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800-943-8690

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LEGAL TERMS

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)
A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)
A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)
Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

CERTIFICATION OF TRUST

See abstract of trust.

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.

CURATOR

See conservator.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)
A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

BENEFICIARY

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

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

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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