Fort Dix Estate Planning Lawyer, New Jersey

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Mark Cherry
About | Practice Areas
Mark Cherry Law
385 Kings Highway North Suite 101 Cherry Hill, NJ 08034Â» view map
Estate
Where Every Client Matters

We want our clients to be confident and secure knowing we are a law firm ready to take on the fight and challenge with them.

800-824-6431
1. Mark Cherry Cherry Hill, NJ
  Attorney at Law - NJ, 1986
  Widener University J.D. 1986
2. AboutMark Cherry Law
  I will work with you whichever direction you chose to go.
3. Practice AreasSpecializations
  Estate, Wills, Power of Attorney
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2. Email
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Includes: Gift Taxation

Charles L. (Larry) Winne

Trusts, Estate Planning, Corporate, Business Organization

Status: In Good Standing

CONTACT

8000 Midlantic Dr., Ste 300 S, Mount Laurel, NJ 08054

Steven A. Aboloff

Business Organization, Estate Administration, Estate Planning, Guardianships & Conservatorships

Status: In Good Standing

CONTACT

8000 Midlantic Dr., Ste 300 S, Mount Laurel, NJ 08054

Blaine E. Capehart

Estate Planning

Status: In Good Standing

CONTACT

8000 Midlantic Dr., Ste 300 S, Mount Laurel, NJ 08054

Jennifer Ward Hampton

Leisure, Estate Planning, Employment, Insurance

Status: In Good Standing

CONTACT

1000 Lenola Road, Moorestown, NJ 08057

Norman Shabel

Estate Planning, Family Law, Personal Injury, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

5 Greentree Centre, Marlton, NJ 08053

C Edward Speidel

Estate Planning, Family Law, Insurance, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

98 Franklin Corner Road, Lawrence Township, NJ 08648

Jerome M. Selvers

Dispute Resolution, Estate Planning, Securities, Business Organization

Status: In Good Standing

CONTACT

Freehold Executive Center, 4400 Route 9 South, Freehold, NJ 07728

Linda K. Hobkirk

Estate Planning, Estate

Status: In Good Standing Licensed: 31 Years

CONTACT

1636-44 Route 38, Lumberton, NJ 08048

Kenneth T. Palmer

Real Estate, Litigation, Estate Planning, Family Law

Status: In Good Standing Licensed: 27 Years

CONTACT

Lakehurst, NJ 08733

Robert Scott Britschge

Real Estate, Estate Planning, Estate, Administrative Law

Status: In Good Standing Licensed: 40 Years

CONTACT

2273 Route 33, Trenton, NJ 08690

800-923-0641

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LEGAL TERMS

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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.'

FUNDING A TRUST

Transferring ownership of property to a trust.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

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.

CERTIFICATION OF TRUST

See abstract of trust.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

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.

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.'

SAMPLE LEGAL CASES

Shotmeyer v. NJ Realty Title Ins. Co.

... or conveyance of such estate or interest. . . . As part of their estate planning, the Shotmeyers formed the limited partnership, Beaver Run Farms, LP, on December 30, 1991. SB Properties, Inc., a corporation owned jointly and ...

In re Estate of Stockdale

953 A.2d 454 (2008). 196 NJ 275. In the Matter of the ESTATE OF Madeleine L. STOCKDALE, Deceased. A-121 September Term 2006. Supreme Court of New Jersey. Argued October 9, 2007. Decided July 22, 2008. 457 Frederick ...

Finderne Mgmt. Co. v. Barrett

... The brothers agreed that additional estate planning strategies "such as retitling assets, new wills, new trusts, and some other financial planning" techniques were necessary to "reduce the estate tax[es] down to a meaningful level" and, in planning for their retirement, to provide a ...

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Fort Dix Estate Planning Lawyer, New Jersey

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

Charles L. (Larry) Winne

Steven A. Aboloff

Blaine E. Capehart

Jennifer Ward Hampton

Norman Shabel

C Edward Speidel

Jerome M. Selvers

Linda K. Hobkirk

Kenneth T. Palmer

Robert Scott Britschge

TIPS

LEGAL TERMS

STATUTORY SHARE

PRETERMITTED HEIR

FUNDING A TRUST

TAKING AGAINST THE WILL

INHERITANCE TAXES

CERTIFICATION OF TRUST

LAPSE

RESIDUARY ESTATE

LIVING TRUST

SAMPLE LEGAL CASES

Shotmeyer v. NJ Realty Title Ins. Co.

In re Estate of Stockdale

Finderne Mgmt. Co. v. Barrett

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