New Haven Estate Planning Lawyer, Connecticut, page 6

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Andrew Amendola
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Andrew M Amendola, Attorney at Law
591 Thompson Avenue East Haven, CT 06512» view map
Accident & Injury, Criminal, Estate, Real Estate
Where Every Client Matters

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1. Andrew Amendola East Haven, CT
  Attorney at Law, CT
2. AboutAndrew M Amendola, Attorney at Law
  Where Every Client Matters
3. Practice AreasExpertise
  Accident & Injury, Criminal, Estate, Real Estate
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Includes: Gift Taxation

David L. Reynolds

Trusts, Estate Planning, Elder Law, Corporate

Status: In Good Standing

CONTACT

157 Church St, New Haven, CT 06510

David L. Reynolds

Trusts, Estate Planning, Corporate, Elder Law

Status: In Good Standing

CONTACT

157 Church St, New Haven, CT 06510

Andrew M. Ullman

Tax, Trusts, Estate Planning, Estate, Business

Status: In Good Standing

CONTACT

195 Church Street, New Haven, CT 06510

IngiMai Loorand

Lawsuit, Estate Administration, Trusts, Estate Planning

Status: In Good Standing Licensed: 22 Years

CONTACT

195 Church Street, New Haven, CT 06510

Kathy K. Priest

Commercial Real Estate, Trusts, Estate Planning

Status: In Good Standing

CONTACT

129 Church Street, New Haven, CT 06510

Shawn L. O'Sullivan

Patent, Estate, Employee Rights, Estate Planning

Status: In Good Standing

CONTACT

129 Church Street, New Haven, CT 06510

Shawn L O Sullivan

General Practice

Status: In Good Standing Licensed: 45 Years

CONTACT

129 Church Street, New Haven, CT 06510

Derek Mello

Real Estate, Estate Planning, Workers' Compensation, Personal Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

195 Church St, New Haven, CT 06510

Greg Barringer

Commercial Real Estate, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

234 Church St, New Haven, CT 06510

Gregory Randell Barringer

Commercial Real Estate, Estate Planning, Employee Rights, Elder Law

Status: In Good Standing

CONTACT

234 Church Street, New Haven, CT 06510

800-923-0641

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LEGAL TERMS

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

SAMPLE LEGAL CASES

Przekopski v. Przekop

... defendants' appeal. The plaintiff and Barbara Przekop are siblings and the children of the decedent. Prior to the decedent's death, he had used survivorship bank accounts as a means of estate planning. He had established ...

PRZEKOPSKI v. PRZEKOP

State v. Coccomo

... For instance, the transfer of property may be done for many legitimate purposes, such as estate planning, gifts to children, or a bona fide sale to an independent third party. The act of the transfer in the present case does not imply the fact to be inferredâ€”that of a guilty mind. ...

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New Haven Estate Planning Lawyer, Connecticut, page 6

Sponsored Law Firm

Andrew M Amendola, Attorney at Law

SPONSORED LAWYERS

David L. Reynolds

David L. Reynolds

Andrew M. Ullman

IngiMai Loorand

Kathy K. Priest

Shawn L. O'Sullivan

Shawn L O Sullivan

Derek Mello

Greg Barringer

Gregory Randell Barringer

TIPS

LEGAL TERMS

HEIR AT LAW

IRREVOCABLE TRUST

RESIDUARY ESTATE

DOWER AND CURTESY

LAPSE

STATUTORY SHARE

INVENTORY

CONSERVATOR

EXEMPTION TRUST

SAMPLE LEGAL CASES

Przekopski v. Przekop

PRZEKOPSKI v. PRZEKOP

State v. Coccomo

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