Middleton Trusts Lawyer, Massachusetts

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Thomas LaPorte
About | Practice Areas
Cossingham Law Offices, PC
30 Massachusetts Avenue Suite 404 North Andover, MA 01845» view map
Estate, Real Estate, Employment
Top Quality Legal Services

Our attorneys are licensed in Massachusetts and New Hampshire. We offer legal assistance with a high degree of knowledge.

800-931-3881
1. Thomas LaPorte North Andover, MA
  Attorney at Law- MA
  McGeorge School of Law, J.D. 1994
2. AboutCossingham Law Offices, PC
  Top Quality Legal Services
3. Practice AreasExpertise
  Estate Law
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Thomas F. Colonna

Estate Planning, Family Law, Personal Injury, Real Estate, Trusts

Status: In Good Standing

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Saugus North Professional Building, 99 Walnut Street, Saugus, MA 01906

George E. Morse

Administrative Law, Trusts

Status: In Good Standing

CONTACT

8 Essex Center Drive, Peabody, MA 01960

Anthony P. Fusco

Estate Administration, Trusts, Estate Planning, Elder Law

Status: In Good Standing

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63 Sharon Road, South Hamilton, MA 01982

Suzanne Davis White

Trusts, Insurance, Contract, Products Liability

Status: In Good Standing

CONTACT

869 Turnpike St, North Andover, MA 01845

John E. Glovsky

Estate Administration, Trusts, Estate Planning, Elder Law

Status: In Good Standing

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8 Washington Street, Beverly, MA 01915

Wendy Wilhelmina Waller

Trusts, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

1911 Trust Company, Beverly, MA 01915

Jessica A. Wistran

Immigration, Estate Administration, Trusts, Estate Planning

Status: In Good Standing

CONTACT

65 Lexington Circle, Swampscott, MA 01907

Alan M. Kalikow

Real Estate, Wills, Trusts, Family Law

Status: In Good Standing Licensed: 55 Years

CONTACT

530 Loring Avenue, Salem, MA 01970

Michael J. Eschelbacher

Real Estate, Trusts, Estate Planning, Corporate

Status: In Good Standing Licensed: 56 Years

CONTACT

1006 Paradise Road, Swampscott, MA 01907

800-923-0641

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LEGAL TERMS

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.

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.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

FAILURE OF ISSUE

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

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.'

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.

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.

SAMPLE LEGAL CASES

O'CONNOR v. Redstone

... Michael). The plaintiffs are Michael and the current trustees of three trusts that once held shares in NAI for the benefit of Sumner's and Edward's children. ... individually. Edward denied that any such oral trusts had been established. [8]. ...

BINDMAN v. Parker

... Trustees of two qualified personal residence trusts (QPRTs) commenced these actions in the Probate and Family Court, seeking reformation of the trusts to correct drafting errors that they claimed frustrated the settlors' intent to reduce their estate and gift tax liabilities. ...

Fierst v. Laird

... Deborah L. Anderson & Sarah T. Connolly for the plaintiffs. The trustees of three related trusts commenced this action in the county court requesting a declaration that the trusts contain certain scrivener's errors. They also request reformation of the trusts. ...

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Middleton Trusts Lawyer, Massachusetts

Sponsored Law Firm

Cossingham Law Offices, PC

SPONSORED LAWYERS

Thomas F. Colonna

George E. Morse

Anthony P. Fusco

Suzanne Davis White

John E. Glovsky

Wendy Wilhelmina Waller

Jessica A. Wistran

Alan M. Kalikow

Michael J. Eschelbacher

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LEGAL TERMS

RESIDUARY ESTATE

INHERIT

GENERATION-SKIPPING TRUST

SPECIFIC BEQUEST

INTESTATE

FAILURE OF ISSUE

ABSTRACT OF TRUST

SURVIVING SPOUSE'S TRUST

INHERITANCE TAXES

SAMPLE LEGAL CASES

O'CONNOR v. Redstone

BINDMAN v. Parker

Fierst v. Laird

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