East Candia Estate Lawyer, New Hampshire, page 2

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Thomas LaPorte
About | Practice Areas
Cossingham Law Offices, PC
30 Massachusetts Avenue Suite 404 North Andover, MA 01845» view map
Estate, Real Estate, Employment
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Our attorneys are licensed in Massachusetts and New Hampshire. We offer legal assistance with a high degree of knowledge.

800-931-3881
1. Thomas LaPorte North Andover, MA
  Attorney at Law- MA
  McGeorge School of Law, J.D. 1994
2. AboutCossingham Law Offices, PC
  Top Quality Legal Services
3. Practice AreasExpertise
  Estate Law
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George Campbell

Personal Injury, DUI-DWI, Business & Trade, Estate

Status: In Good Standing

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Manchester, NH 03105

William J. Quinn

Litigation, Estate, Divorce & Family Law, Corporate

Status: In Good Standing Licensed: 32 Years

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85 Brook Street, Manchester, NH 03104

Kirk Simoneau

Trusts, Workers' Compensation, Personal Injury, Car Accident

Status: In Good Standing

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77 Central Street, Manchester, NH 03101

Peter B. Rotch

Land Use & Zoning, Wills & Probate, Corporate, Banking & Finance

Status: In Good Standing

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900 Elm Street, Manchester, NH 03101

Rolf E. Goodwin

Land Use & Zoning, International Trade, Wills & Probate, Banking & Finance

Status: In Good Standing

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900 Elm Street, Manchester, NH 03101

Christopher R. Paul

International Tax, Trusts, Estate Planning

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900 Elm Street, Manchester, NH 03101

John E. Rich

Health Care Other, Estate Planning, Pension & Benefits, Corporate

Status: In Good Standing

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900 Elm St, Manchester, NH 03105

Richard Thorner

Civil Rights, Family Law, Trusts, Affirmative Action

Status: In Good Standing

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95 Market Street, Manchester, NH 03101

Rodney L. Stark

Construction, Estate Planning, Insurance, Collection

Status: In Good Standing

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121 Middle Street, Manchester, NH 03101

Jaime I. Gillis

Motor Vehicle, Wills, Estate Planning, Wrongful Termination, Contract

Status: In Good Standing

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900 Elm Street, Manchester, NH 03105

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LEGAL TERMS

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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.

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.

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.

HEIR APPARENT

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

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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East Candia Estate Lawyer, New Hampshire, page 2

Sponsored Law Firm

Cossingham Law Offices, PC

SPONSORED LAWYERS

George Campbell

William J. Quinn

Kirk Simoneau

Peter B. Rotch

Rolf E. Goodwin

Christopher R. Paul

John E. Rich

Richard Thorner

Rodney L. Stark

Jaime I. Gillis

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LEGAL TERMS

GRANT DEED

SUCCESSION

AB TRUST

REAL ESTATE AGENT

INHERITANCE TAXES

RESIDUARY ESTATE

ENDOWMENT INSURANCE

HEIR APPARENT

SPENDTHRIFT TRUST

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