East Hanover Trusts Lawyer, New Jersey, page 10

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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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Edward Aloysius Gramigna

Litigation, Trusts, Tax, Real Estate

Status: Licensed: 36 Years

CONTACT

500 Campus Drive, Florham Park, NJ 07932

Michael Carter Woodruff

Trusts, Real Estate, Land Use & Zoning, Commercial Real Estate

Status: Licensed: 25 Years

CONTACT

600 Campus Dr, Florham Park, NJ 07932

Mary Joan Sheridan Kennedy

Trusts, Elder Law

Status: Licensed: 22 Years

CONTACT

18 Columbia Tpke, Florham Park, NJ 07932

Kevin J Coakley

Litigation, Industry Specialties, Business, Bankruptcy & Debt, Trusts

Status: Licensed: 52 Years

CONTACT

56 Livingston Ave, Roseland, NJ 07068

Bridget Stecher

Trusts, Municipal, Elder Law, Real Estate

Status:

CONTACT

9 Park Ave, Caldwell, NJ 07006

Arnold Litt

Trusts

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CONTACT

9 Park Ave, Caldwell, NJ 07006

Yana Chechelnitsky

Criminal, Family Law, Municipal, Tax, Trusts

Status: Licensed: 19 Years

CONTACT

301 S Livingston Avenue, Livingston, NJ 07039

Harvey Zeller

Real Estate, Trusts, Criminal, Personal Injury

Status:

CONTACT

75 Eisenhower Pkwy., Roseland, NJ 07068

Sanders Chattman

Trusts, Land Use & Zoning, Real Estate

Status:

CONTACT

75 Eisenhower Pkwy., Roseland, NJ 07068

Deirdre Moore

Trusts, Real Estate

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CONTACT

75 Eisenhower Pkwy., Roseland, NJ 07068

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LEGAL TERMS

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

HEIR APPARENT

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

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.

FAMILY POT TRUST

See pot trust.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

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.

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 10

Sponsored Law Firm

Herold Law, P.A.

SPONSORED LAWYERS

Edward Aloysius Gramigna

Michael Carter Woodruff

Mary Joan Sheridan Kennedy

Kevin J Coakley

Bridget Stecher

Arnold Litt

Yana Chechelnitsky

Harvey Zeller

Sanders Chattman

Deirdre Moore

TIPS

LEGAL TERMS

INHERIT

ABSTRACT OF TRUST

TESTAMENTARY TRUST

SUCCESSOR TRUSTEE

HEIR APPARENT

RESIDUARY ESTATE

FAMILY POT TRUST

PER CAPITA

HOLOGRAPHIC WILL

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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