Nutley Wills & Probate Lawyer, New Jersey, page 3

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Nima Ashtyani
About | Practice Areas
Stratton Ashtyani Law Group
795 Franklin Avenue Suite 206 Franklin Lakes, NJ 07417» view map
Estate Law
Dedicated To Helping Families Plan

Our attorneys are experienced litigators who understand the importance and efficiency of preventing litigation through proper planning.

800-706-9810
1. Nima Ashtyani Franklin Lakes, NJ
  Attorney at Law - NJ, 2012
  Seton Hall University J.D. 2012
2. AboutStratton Ashtyani Law Group
  Dedicated to helping families plan.
3. Practice AreasExpertise
  Estate Law
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Includes: Estate Administration, Living Wills, Wills

Pablo N Blanco

Immigration, Wills & Probate, Criminal, Elder Law, Real Estate

Status: Licensed: 31 Years

CONTACT

33 Plymouth St, Montclair, NJ 07042

Mitchell H. Spingarn

Estate Administration, Criminal, Elder Law, Administrative Law

Status: Licensed: 56 Years

CONTACT

805 Clifton Ave, Clifton, NJ 07013

Michael V. Calabro

Construction, Wills & Probate, Estate Planning, Workers' Compensation, Estate

Status: Licensed: 39 Years

CONTACT

475 Bloomfield Avenue, Newark, NJ 07107

Ellen J Gold

Wills, Workers' Compensation, Divorce, Divorce & Family Law

Status: Licensed: 45 Years

CONTACT

685 Vanhouten Ave, Clifton, NJ 07013

Peter Lowell Nichols

Corporate, Personal Injury, Wills & Probate, Commercial Bankruptcy

Status:

CONTACT

241 Kearny Avenue, Kearny, NJ 07032

Genevieve Murphy-Bradacs

Wills & Probate, Labor Law, Employment, Bankruptcy

Status:

CONTACT

571 Pompton Ave., Cedar Grove, NJ 07009

Jacqueline Muttick

Tax, Wills & Probate, Labor Law, Elder Law, Constitutional Law

Status:

CONTACT

685 Bloomfield Ave., Verona, NJ 07044

Sherri Davis Fowler

Other, Lawsuit & Dispute, Social Security, Wills & Probate

Status:

CONTACT

80 Main St, West Orange, NJ 07052

Grace C. Bertone

Real Estate, Wills & Probate, Business, Collection

Status:

CONTACT

777 Terrace Ave, Hasbrouck Heights, NJ 07604

Jennifer L Holowach

Medicare & Medicaid, Wills & Probate, Trusts, Employment, Divorce

Status: Licensed: 12 Years

CONTACT

300 Lackawanna Ave, Little Falls, NJ 07424

800-923-0641

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LEGAL TERMS

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

SAMPLE LEGAL CASES

In re Probate of Will and Codicil of Macool

As correctly found by the trial court, the salient facts of this case are undisputed. Louise and Elmer Macool were married for forty years; this was, for both, their second marriage. Although they did not have biological children together, Louise raised Elmer's seven children from his prior ...

Higgins v. Thurber

... In reversing the grant of summary judgment to defendants, the panel specifically noted that although a potential claim sounding in legal malpractice may have been raised in a previous Bergen County probate proceeding in which defendant Mary Thurber intervened on the cusp ...

State v. McCabe

... restrictions. We are asked to decide whether a municipal court judge must recuse himself when the judge and the defense attorney are adversaries in an unrelated, pending probate case that has been dormant for two years. ...

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Nutley Wills & Probate Lawyer, New Jersey, page 3

Sponsored Law Firm

Stratton Ashtyani Law Group

SPONSORED LAWYERS

Pablo N Blanco

Mitchell H. Spingarn

Michael V. Calabro

Ellen J Gold

Peter Lowell Nichols

Genevieve Murphy-Bradacs

Jacqueline Muttick

Sherri Davis Fowler

Grace C. Bertone

Jennifer L Holowach

TIPS

LEGAL TERMS

FAMILY ALLOWANCE

SPENDTHRIFT TRUST

RESIDUARY ESTATE

TRUSTEE POWERS

WARRANTY DEED

AB TRUST

SUCCESSOR TRUSTEE

POWER OF APPOINTMENT

GROSS ESTATE

SAMPLE LEGAL CASES

In re Probate of Will and Codicil of Macool

Higgins v. Thurber

State v. McCabe

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