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New York Trusts Lawyer, New York


Michael Frederick Schwartz Lawyer

Michael Frederick Schwartz

VERIFIED
Commercial Real Estate, Litigation, Trusts, Real Estate, Estate

Michael F. Schwartz, Esq. is a practicing attorney with almost forty years of experience. His expertise is in residential and commercial real estate, ... (more)

FREE CONSULTATION 

CONTACT

800-917-7450

Irina  Yadgarova Lawyer

Irina Yadgarova

VERIFIED
Estate, Wills & Probate, Trusts, Elder Law
Providing outstanding legal services and counsel in theareas of Estate, Probate and Elder Law.

Attorney Irina Yadgarova focuses her practice on Trusts & Estates, Probate & Administration, Elder Law, and Real Estate. She is licensed to practice l... (more)

FREE CONSULTATION 

CONTACT

800-765-5171

Ronald E. Stiskin Lawyer

Ronald E. Stiskin

VERIFIED
Estate Planning, Trusts, Wills & Probate, Disability, Special Education
Long term care & estate planning, & also representing children with disabilities and their families.

Ronald E. Stiskin is passionate about assisting families and individuals in transition. Whether securing educational services for children with specia... (more)

Jacob M. Dyckman

Business Organization, Estate Planning, Real Estate, Trusts
Status:  In Good Standing           

FREE CONSULTATION 

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Avron I. Brog

Business Organization, Estate Planning, Trusts, Tax
Status:  In Good Standing           

Valerie A. Burg

Gift Taxation, Estate Administration, Wills & Probate, Trusts, Wills
Status:  In Good Standing           

Ronny Buni

International, Workers' Compensation, Ethics, Contract, Trusts
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

Angelo Michael Grasso

Estate Planning, Litigation, Wills & Probate, Trusts, Wills
Status:  In Good Standing           

Anne C. Bederka

Litigation, Trusts, Wills
Status:  In Good Standing           

Stephen S. Feinberg

Business Organization, Estate Planning, Securities, Trusts
Status:  In Good Standing           

FREE CONSULTATION 

CONTACT

800-923-0641

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LEGAL TERMS

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)
All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

DEED OF TRUST

See trust deed.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)
A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

SURROGATE COURT

See probate court.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)
A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)
The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

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.

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation — then a fairly new kind of entity — a familiar principle of the law of trusts: that a beneficiary (or "cestui que trust") could bring suit on behalf of a trust when a faithless trustee refused to do so. ...

IN THE MATTER OF DE SANCHEZ

... In 1927, two years before the Great Depression, Elizabeth Laurent de Sanchez, whose family owned a sugar plantation in Cuba, set up seven inter vivos trusts for the benefit of her six children—Emilio (two trusts in his name), Jorge, Julio, Marcelo, Maria and Gabriela. ...

Matter of Mergenhagen

... as appealed from is unanimously reversed on the law without costs, 1487 the petitions are granted in part, the termination of trust dated October 10, 1994 is vacated, respondent David M. Mergenhagen is removed as trustee from the 1991 and 1994 irrevocable trusts, he is ...