East Hanover Trusts Lawyer, New Jersey, page 8

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Craig Provorny
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Herold Law, P.A.
25 Independence Boulevard Warren, New Jersey 07059-6747» view map
Estate, Wills & Probate, Power Of Attorney, Trusts
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Herold Law, P.A. is committed to reaching the most efficient and effective resolutions possible for their clients.

800-845-9621
1. Craig Provorny Warren, NJ
  Attorney at Law - NJ, 1986
  Yeshiva, JD, Magna Cum Laude, 1986
2. AboutHerold Law, P.A.
  Over 20 years of experience.
3. Practice AreasExpertise
  Estate Law
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John William Kaveney

Health Care Other, Trusts, Personal Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

75 Livingston Ave, Roseland, NJ 07068

Susan Dromsky-Reed

Tax, Real Estate, Trusts, Business

Status: In Good Standing

CONTACT

101 Eisenhower Pkwy, Roseland, NJ 07068

Brian Lenker

Tax, Real Estate, Trusts, Banking & Finance

Status: In Good Standing

CONTACT

101 Eisenhower Pkwy, Roseland, NJ 07068

David Ritter

Tax, Trusts, Corporate, Business

Status: In Good Standing

CONTACT

101 Eisenhower Pkwy, Roseland, NJ 07068

Susan Dromsky-Reed

Construction, Litigation, Federal Appellate Practice, Trusts

Status: In Good Standing

CONTACT

101 Eisenhower Pkwy, Roseland, NJ 07068

David James Ritter

International Tax, Trusts, Corporate, Business Organization

Status: In Good Standing

CONTACT

101 Eisenhower Pkwy, Roseland, NJ 07068

David J Ritter

Trusts, Corporate

Status: In Good Standing

CONTACT

101 Eisenhower Pkwy, Roseland, NJ 07068

Daniel Benjamin Kessler

Trusts, Estate, Accident & Injury

Status: In Good Standing Licensed: 19 Years

CONTACT

56 Livingston Ave, Roseland, NJ 07068

Anthony F Vitiello

Tax, Litigation, Wills, Trusts

Status: In Good Standing Licensed: 31 Years

CONTACT

56 Livingston Avenue, Roseland, NJ 07068

Jason David Falk

International, Trusts, Estate, Accident & Injury

Status: In Good Standing Licensed: 16 Years

CONTACT

56 Livingston Ave, Roseland, NJ 07068

800-923-0641

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LEGAL TERMS

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

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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East Hanover Trusts Lawyer, New Jersey, page 8

Sponsored Law Firm

Herold Law, P.A.

SPONSORED LAWYERS

John William Kaveney

Susan Dromsky-Reed

Brian Lenker

David Ritter

Susan Dromsky-Reed

David James Ritter

David J Ritter

Daniel Benjamin Kessler

Anthony F Vitiello

Jason David Falk

TIPS

LEGAL TERMS

PROBATE COURT

POWER OF APPOINTMENT

HOLOGRAPHIC WILL

RULE AGAINST PERPETUITIES

BYPASS TRUST

FAILURE OF ISSUE

SECONDARY MEANING

PERSONAL PROPERTY

PER STIRPES

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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