Wrightstown Estate Planning Lawyer, New Jersey, page 2

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Mark Cherry
About | Practice Areas
Mark Cherry Law
385 Kings Highway North Suite 101 Cherry Hill, NJ 08034Â» view map
Estate
Where Every Client Matters

We want our clients to be confident and secure knowing we are a law firm ready to take on the fight and challenge with them.

800-824-6431
1. Mark Cherry Cherry Hill, NJ
  Attorney at Law - NJ, 1986
  Widener University J.D. 1986
2. AboutMark Cherry Law
  I will work with you whichever direction you chose to go.
3. Practice AreasSpecializations
  Estate, Wills, Power of Attorney
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2. Email
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Includes: Gift Taxation

Richard T. DeCou

Corporate, Business Organization, Estate Planning, Real Estate

Status: Inactive Licensed: 42 Years

CONTACT

8000 Midlantic Dr, Mount Laurel, NJ 08054

Michael A. Taylor

Mediation, Litigation, Estate Planning, Divorce

Status: In Good Standing Licensed: 48 Years

CONTACT

199 6Th Ave, Mount Laurel, NJ 08054

Robert S. Lewis

Estate Administration, Estate Planning, Corporate, Business Organization

Status: Inactive Licensed: 48 Years

CONTACT

8000 Midlantic Dr, Mount Laurel, NJ 08054

Sunita Krosuri

Wills & Probate, Business, Immigration, Estate Planning

Status: In Good Standing

CONTACT

101 Morgan Ln, Plainsboro, NJ 08536

Allen Porter

Power of Attorney, Estate Planning, Estate, Wills & Probate

Status: In Good Standing

CONTACT

One Palmer Square, Princeton, NJ 08542

Tejal V. Patel

Divorce, Estate Planning

Status: In Good Standing

CONTACT

10000 Lincoln Dr. East, Marlton, NJ 08053

Charles R. Parker

Construction, Estate Planning, Family Law, Insurance

Status: In Good Standing Licensed: 55 Years

CONTACT

3 Monument St, Freehold, NJ 07728

Gary Garland

Litigation, Estate Planning, Elder Law, Personal Injury

Status: In Good Standing

CONTACT

195 Route 9 South – Suite 204, Manalapan, NJ 07726

Sheri Lynne Pecarsky

Estate Planning

Status: In Good Standing Licensed: 28 Years

CONTACT

308 Harper Dr, Moorestown, NJ 08057

Randel Phillip Friedman

Tax, International, Gift Taxation, Employee Rights

Status: In Good Standing Licensed: 30 Years

CONTACT

25 Holly Oak Dr, Voorhees, NJ 08043

800-923-0641

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LEGAL TERMS

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

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.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

SURROGATE COURT

See probate court.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

SAMPLE LEGAL CASES

Shotmeyer v. NJ Realty Title Ins. Co.

... or conveyance of such estate or interest. . . . As part of their estate planning, the Shotmeyers formed the limited partnership, Beaver Run Farms, LP, on December 30, 1991. SB Properties, Inc., a corporation owned jointly and ...

In re Estate of Stockdale

953 A.2d 454 (2008). 196 NJ 275. In the Matter of the ESTATE OF Madeleine L. STOCKDALE, Deceased. A-121 September Term 2006. Supreme Court of New Jersey. Argued October 9, 2007. Decided July 22, 2008. 457 Frederick ...

Finderne Mgmt. Co. v. Barrett

... The brothers agreed that additional estate planning strategies "such as retitling assets, new wills, new trusts, and some other financial planning" techniques were necessary to "reduce the estate tax[es] down to a meaningful level" and, in planning for their retirement, to provide a ...

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Wrightstown Estate Planning Lawyer, New Jersey, page 2

Sponsored Law Firm

Mark Cherry Law

SPONSORED LAWYERS

Richard T. DeCou

Michael A. Taylor

Robert S. Lewis

Sunita Krosuri

Allen Porter

Tejal V. Patel

Charles R. Parker

Gary Garland

Sheri Lynne Pecarsky

Randel Phillip Friedman

TIPS

LEGAL TERMS

QDOT TRUST

PERSONAL PROPERTY

BANKRUPTCY ESTATE

CONSERVATOR

TRUSTEE

TESTAMENTARY TRUST

SURROGATE COURT

ALTERNATE BENEFICIARY

PER CAPITA

SAMPLE LEGAL CASES

Shotmeyer v. NJ Realty Title Ins. Co.

In re Estate of Stockdale

Finderne Mgmt. Co. v. Barrett

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