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James Fridie
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Fridie Law Group L.L.C.
101 Route 130 Suite 306, Madison Building Cinnaminson, NJ 08077» view map
Estate Law
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1. James Fridie Cinnaminson, NJ
  Attorney at Law- NJ, 2007
  Dickinson School of Law, J.D. 2007
2. AboutFridie Law Group L.L.C.
  We Fight For Your Rights
3. Practice AreasExpertise
  Estate Law
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Thomas Mcglade Herdelin

Real Estate, Lawsuit & Dispute, Estate, Business

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CONTACT

401 Marlton Pike E, Cherry Hill, NJ 08034

Stephen Vincent McHugh

Traffic, Dispute Resolution, Health Care, Wills & Probate

Status: Licensed: 29 Years

CONTACT

1040 Kings Hwy N, Cherry Hill, NJ 08034

George C. Greatrex

Real Estate, Accident & Injury, Condominiums, Commercial Real Estate, Estate Planning

Status: Licensed: 42 Years

CONTACT

1415 Marlton Pike E, Cherry Hill, NJ 08034

Douglas Fifield Johnson

Construction, Litigation, Employment, Insurance, Estate

Status: Licensed: 42 Years

CONTACT

20 Brace Rd 4Th Fl, Cherry Hill, NJ 08034

Janet L. Gold

Real Estate, Estate, Civil Rights, Accident & Injury

Status:

CONTACT

1040 Kings Hwy North, Cherry Hill, NJ 08034

Amar Anand Agrawal

Trusts, Consumer Rights, Wills & Probate, Estate

Status: Licensed: 15 Years

CONTACT

1040 Kings Hwy North, Cherry Hill, NJ 08034

Charles Christman Bratton

Estate, Divorce & Family Law, Elder Law, Civil & Human Rights

Status: Licensed: 24 Years

CONTACT

383 Kings Highway N, Cherry Hill, NJ 08034

Kathleen Velnosky Hogan

Other, Estate, Divorce & Family Law, Business

Status: Licensed: 34 Years

CONTACT

100 Park Blvd, Cherry Hill, NJ 08034

John Chandler Miller

Foreclosure, Estate Planning, Transactions, Corporate

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401 Rte 70 E, Cherry Hill, NJ 08034

Fred Berlinsky

Estate, Business

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14323 Ocean Hwy, Cherry Hill, NJ 08034

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LEGAL TERMS

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.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

DEVISEE

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

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).

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

SAMPLE LEGAL CASES

Brundage v. Estate of Carambio

The facts and circumstances that bring this matter before the Court are in some ways truly unique because, merely by the happenstance of timing, the effect of the attorney's behavior, even if we were to find that it violated our ethical standards, could not have affected the outcome of ...

In re Estate of Stockdale

We conclude that, actions arising from disputed wills and related documents designed to dispose of estate assets and which rest on allegations of undue influence are most often resolved through the equitable remedies available in the Probate Part. We further conclude that, although a ...

Estate of Cordero v. Christ Hosp.

Plaintiffs, the estate and husband of Ramona Cordero, appeal from an order granting summary judgment in favor of defendant Christ Hospital on claims of fraudulent concealment of evidence and vicarious liability for the negligence of defendant Dr. Selvia G. Zaklama. Dr. Zaklama, ...

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Runnemede Estate Lawyer, New Jersey, page 6

Sponsored Law Firm

Fridie Law Group L.L.C.

SPONSORED LAWYERS

Thomas Mcglade Herdelin

Stephen Vincent McHugh

George C. Greatrex

Douglas Fifield Johnson

Janet L. Gold

Amar Anand Agrawal

Charles Christman Bratton

Kathleen Velnosky Hogan

John Chandler Miller

Fred Berlinsky

TIPS

LEGAL TERMS

ALTERNATE BENEFICIARY

LAPSE

QTIP TRUST

ENDOWMENT INSURANCE

DEVISEE

PER CAPITA

RESIDUARY BENEFICIARY

GENERATION-SKIPPING TRANSFER TAX

ABATEMENT

SAMPLE LEGAL CASES

Brundage v. Estate of Carambio

In re Estate of Stockdale

Estate of Cordero v. Christ Hosp.

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