East Hartland Estate Planning Lawyer, Connecticut

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Andrew Amendola
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Andrew M Amendola, Attorney at Law
591 Thompson Avenue East Haven, CT 06512» view map
Accident & Injury, Criminal, Estate, Real Estate
Where Every Client Matters

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800-942-4780
1. Andrew Amendola East Haven, CT
  Attorney at Law, CT
2. AboutAndrew M Amendola, Attorney at Law
  Where Every Client Matters
3. Practice AreasExpertise
  Accident & Injury, Criminal, Estate, Real Estate
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Includes: Gift Taxation

Doris B. D'Ambrosio

Family Law, Wills & Probate, Child Support, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

776 Farmington Avenue, West Hartford, CT 06119

Sandra L. Kelsey

Bankruptcy, Corporate, Credit & Debt, Estate Planning

Status: In Good Standing

CONTACT

89 Oak Street, Hartford, CT 06106

Clyde Owens Bowles

Other, Industry Specialties, Estate Planning, Business

Status: In Good Standing Licensed: 70 Years

CONTACT

333 West Wacker Dr, North Granby, CT 06060

Shawn Michael Yost

Estate Planning, Estate, Credit & Debt, Collection

Status: In Good Standing Licensed: 11 Years

CONTACT

Granby, CT 06035

Shawn Michael Yost

Estate Planning, Credit & Debt, Collection

Status: In Good Standing

CONTACT

Granby, CT 06035

Lawrence Jay Kiel

Banking & Finance, Estate Planning, Land Use & Zoning, Commercial Bankruptcy

Status: In Good Standing Licensed: 41 Years

CONTACT

4 East Granby Road, Granby, CT 06035

Kathleen Mary Congero

Power of Attorney, Elder Law, Estate Planning, Estate Administration

Status: In Good Standing Licensed: 34 Years

CONTACT

18 Hartford Avenue, Granby, CT 06035

Gary R Kevorkian

Divorce, Administrative Law, Estate Planning, Corporate

Status: In Good Standing Licensed: 43 Years

CONTACT

18 Hartford Avenue, Granby, CT 06035

Gary R Kevorkian

Estate Planning, Corporate, Administrative Law, Estate Administration

Status: In Good Standing Licensed: 43 Years

CONTACT

18 Hartford Avenue, Granby, CT 06035

Sherrie J. Camosci

Real Estate, Collection, Elder Law, Estate Planning

Status: In Good Standing Licensed: 35 Years

CONTACT

75 Copper Hill Road, East Granby, CT 06026

800-923-0641

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LEGAL TERMS

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

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).

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

SAMPLE LEGAL CASES

Przekopski v. Przekop

... defendants' appeal. The plaintiff and Barbara Przekop are siblings and the children of the decedent. Prior to the decedent's death, he had used survivorship bank accounts as a means of estate planning. He had established ...

PRZEKOPSKI v. PRZEKOP

State v. Coccomo

... For instance, the transfer of property may be done for many legitimate purposes, such as estate planning, gifts to children, or a bona fide sale to an independent third party. The act of the transfer in the present case does not imply the fact to be inferredâ€”that of a guilty mind. ...

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East Hartland Estate Planning Lawyer, Connecticut

Sponsored Law Firm

Andrew M Amendola, Attorney at Law

SPONSORED LAWYERS

Doris B. D'Ambrosio

Sandra L. Kelsey

Clyde Owens Bowles

Shawn Michael Yost

Shawn Michael Yost

Lawrence Jay Kiel

Kathleen Mary Congero

Gary R Kevorkian

Gary R Kevorkian

Sherrie J. Camosci

TIPS

LEGAL TERMS

FINAL BENEFICIARY

GRANTOR RETAINED INCOME TRUST

SURVIVING SPOUSE'S TRUST

IN TERROREM

ENDOWMENT INSURANCE

ESTATE TAXES

LIVING TRUST

ABATEMENT

GRANTOR

SAMPLE LEGAL CASES

Przekopski v. Przekop

PRZEKOPSKI v. PRZEKOP

State v. Coccomo

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