Cortland County, NY Trusts Lawyers, page 4

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  Thomas Cooley, JD, 2004
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Not enough matches for Cortland Trusts lawyer.
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Calvert A. Fitts

General Practice

Status: Licensed: 52 Years

CONTACT

Cortland, NY 13045

Edward R. Purser

Real Estate, Lawsuit & Dispute, Estate, Criminal

Status: Licensed: 62 Years

CONTACT

4 Lincoln Ave, Cortland, NY 13045

Phillip Robert Rumsey

General Practice

Status: Licensed: 49 Years

CONTACT

46 Greenbush St, Cortland, NY 13045

Craig Philip Schlanger

Criminal

Status: Licensed: 47 Years

CONTACT

60 Central Ave, Cortland, NY 13045

John B. Folmer

General Practice

Status: Licensed: 63 Years

CONTACT

3577 Terrace Rd, Cortland, NY 13045

William Jeffrey Pomeroy

Real Estate, Government, Divorce & Family Law, Business

Status: Licensed: 53 Years

CONTACT

16 Tompkins St, Cortland, NY 13045

James Joseph Baranello

General Practice

Status: Licensed: 44 Years

CONTACT

39 Church St, Cortland, NY 13045

David S. Hartnett

Real Estate, Lawsuit & Dispute, Business

Status: Licensed: 41 Years

CONTACT

36 Main St, Cortland, NY 13045

Natalie B Miner

Litigation

Status: Licensed: 33 Years

CONTACT

25 S Main St, Homer, NY 13077

Barry Edward Ryan

General Practice

Status: Licensed: 46 Years

CONTACT

16 N Main St, Homer, NY 13077

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LEGAL TERMS

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

MARITAL LIFE ESTATE TRUST

See AB trust.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

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.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

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).

SAMPLE LEGAL CASES

Tzolis v. Wolff

... Chancellor Walworth applied to a joint stock corporation â€” then a fairly new kind of entity â€” 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 childrenâ€”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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Cortland County, NY Trusts Lawyers, page 4

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Calvert A. Fitts

Edward R. Purser

Phillip Robert Rumsey

Craig Philip Schlanger

John B. Folmer

William Jeffrey Pomeroy

James Joseph Baranello

David S. Hartnett

Natalie B Miner

Barry Edward Ryan

TIPS

LEGAL TERMS

FAILURE OF ISSUE

TRUST MERGER

PROPERTY CONTROL TRUST

MARITAL LIFE ESTATE TRUST

ADMINISTRATRIX

LETTERS TESTAMENTARY

ENTITY

FINAL BENEFICIARY

GRANTOR RETAINED INCOME TRUST

SAMPLE LEGAL CASES

Tzolis v. Wolff

IN THE MATTER OF DE SANCHEZ

Matter of Mergenhagen

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