Hopewell Junction Estate Lawyer, New York

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Gerald A. Vergilis

Commercial Real Estate, Estate Planning, Criminal, Corporate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

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M. Ellen O'Sullivan

Estate Administration, Family Law, Business & Trade, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Gregory D. Supple

Real Estate, Wills & Probate, Estate Planning, Elder Law, Lawsuit
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  48 Years

Dario Di Lello

Land Use & Zoning, Wills & Probate, Bankruptcy, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Edward T. McCormack

Estate, Personal Injury, Traffic, Criminal, Intellectual Property
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  43 Years

Maureen Crush

Lawsuit & Dispute, Estate, Corporate, Non-profit
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  39 Years

Leo Mcgrath

Estate Planning, Trusts
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Robert L. Ostertag

Estate Administration, Estate Planning, Corporate, Business Organization, Lawsuit & Dispute
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  68 Years

Sharon M. Faulkner

Wills & Probate, Family Law, Child Support, Adoption, Divorce
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  32 Years

Karen P. MacNish

Real Estate, Litigation, Estate Planning, Family Law, Wills
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  26 Years

Free Help: Use This Form or Call 800-814-6700

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LEGAL TERMS

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)
(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)
Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

FAMILY POT TRUST

See pot trust.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)
A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

FUNDING A TRUST

Transferring ownership of property to a trust.

CREDIT SHELTER TRUST

See AB 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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)
A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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