Richmond County, NY Estate Lawyers

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Jeffrey Francis Borrell Lawyer

Jeffrey Francis Borrell

VERIFIED *Status is reviewed annually. For latest information visit here
Accident & Injury, Estate, Lawsuit & Dispute, Workers' Compensation, Divorce & Family Law
BorrellandRiso LLP

For 35 years, Borrell & Riso, LLP, has been a general practice law firm with locations in Staten Island, Brooklyn, the New York Metropolitan area; and... (more)

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800-854-5701

Jeffrey  Borrell Lawyer

Jeffrey Borrell

VERIFIED *Status is reviewed annually. For latest information visit here
Accident & Injury, Estate, Lawsuit & Dispute, Workers' Compensation, Divorce & Family Law

For 35 years, Borrell & Riso, LLP, has been a general practice law firm with locations in Staten Island, Brooklyn, the New York Metropolitan area; and... (more)

Louis Lepore

Estate Administration, Estate Planning, Elder Law, Corporate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Maria D. Spero

Real Estate, Estate Planning, Family Law, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

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Ann Marie Pascarella

Trusts, Elder Law, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Annamarie Gulino Gentile

Nursing Home, Estate, Divorce, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Anthony S. Danna

Trusts, Estate Planning, Elder Law, Civil & Human Rights
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  30 Years

Anthony J. Lamberti

Trusts, Family Law, Elder Law, Administrative Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Anthony J. Tucci

Corporate Tax, Gift Taxation, Tax
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  34 Years

Anthony E. Wierzbowski

Estate Planning, Wills & Probate, Residential Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  36 Years

Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

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.'

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)
Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)
A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)
The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)
Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

KINDRED

Under some state's probate codes, all relatives of a deceased person.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)
A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)
Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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

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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