Sonyea Trusts Lawyer, New York

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Judy M. Overholt

Wills, Wills & Probate, Trusts, Contract
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Wills & Probate, Trusts, Estate Planning, Estate
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General Practice
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Estate Planning, Trusts, Estate Administration, Litigation, Education
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Trusts, Employee Rights, Corporate, Personal Injury, Construction
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Personal Injury, Trusts, Litigation, Estate
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Heidi W. Feinberg

Trusts, Estate Planning, Elder Law
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Michael D Calarco

Trusts, Estate, Collection, Bankruptcy
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Christine Carol Lachnicht

Commercial Real Estate, Trusts, Corporate, Banking & Finance
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Wallace F. Ashnault

Real Estate, Trusts, Wills & Probate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  67 Years

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LEGAL TERMS

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

DEVISEE

A person or entity who inherits real estate under the terms of a will.

CURATOR

See conservator.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass 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.

FUNDING A TRUST

Transferring ownership of property to a trust.

DEED OF TRUST

See trust deed.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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 ...

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