Advance Trusts Lawyer, Missouri

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Devin A. Sauer
About | Practice Areas
Shapiro / Sauer, LLC
231 S. Bemiston Saint Louis, MO 63105» view map
Accident & Injury Law
A Focus On Results

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800-713-3730
1. Devin A. Sauer Saint Louis, MO
  Attorney at Law, MO
  Saint Louis University School of Law, J.D. 1995
2. AboutShapiro / Sauer, LLC
  A Focus On Results
3. Practice AreasExpertise
  Accident & Injury Law
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John W. Ringer

Estate Planning, Elder Law, Corporate, Car Accident

Status: In Good Standing

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21 Vine Street, Dexter, MO 63841

Dustin Louis Mayer

Estate Planning, Workers' Compensation, Divorce, Personal Injury

Status: In Good Standing

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140 South Walnut, Dexter, MO 63841

William Clayton Vandivort

Wills, Wills & Probate, Corporate, Banking & Finance

Status: In Good Standing Licensed: 19 Years

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1205 Fairfield St, Sikeston, MO 63801

Richard D Whiffen

Personal Injury, Real Estate, Traffic, Trusts

Status: In Good Standing

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102 S Interstate Dr, Sikeston, MO 63801

Craig M. Billmeyer

Real Estate, Wills & Probate, Estate Planning, Civil & Human Rights, Corporate

Status: In Good Standing

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3113 Independence St, Cape Girardeau, MO 63702

Keith Harrison Holland

Landlord-Tenant, Estate Planning, Family Law, Corporate

Status: In Good Standing

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3113 Independence Street, Cape Girardeau, MO 63702

Lesley Dormeyer

Wills & Probate, Business Organization, Consumer Bankruptcy, Bankruptcy & Debt, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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1416 N. Kingshighway, Cape Girardeau, MO 63701

Kristi N. Hoff

Estate Planning, Family Law, Civil & Human Rights, Corporate, Business

Status: In Good Standing

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3113 Independence Street, Cape Girardeau, MO 63702

Dale E. Gerecke

Litigation, Estate Planning, Family Law, Corporate

Status: In Good Standing

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3113 Independence Street, Cape Girardeau, MO 63702

David S. Limbaugh

Entertainment, Estate Planning, DUI-DWI, Corporate

Status: In Good Standing

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407 N. Kingshighway, Cape Girardeau, MO 63701

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LEGAL TERMS

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.

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.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

DEVISEE

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

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.

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.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living 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 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). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

SAMPLE LEGAL CASES

Wilson v. Rhodes

... 875 JEFFREY W. BATES, Chief Judge. The trial court granted a summary judgment requiring the successor trustees of two trusts to distribute certain assets to the personal representative of a decedent's estate. ... In September 1992, Husband and Wife established individual trusts. ...

Hardt v. Vitae Foundation, Inc.

... This rule applied to gifts both to charitable trusts and charitable corporations and was made primarily to prevent potential beneficiaries without a "special interest" in the gift from "vex[ing]" public charities with "frequent suits, possibly based on an inadequate investigation." Id. ...

Schumacher v. Schumacher

... Upon Grantor's death in May of 1998, the revocable trust split into three separate trusts: a qualified terminable interest property trust ("QTIP trust"), a marital trust, and a family trust. Topper is the sole trustee of the three trusts. ...

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Advance Trusts Lawyer, Missouri

Sponsored Law Firm

Shapiro / Sauer, LLC

SPONSORED LAWYERS

John W. Ringer

Dustin Louis Mayer

William Clayton Vandivort

Richard D Whiffen

Craig M. Billmeyer

Keith Harrison Holland

Lesley Dormeyer

Kristi N. Hoff

Dale E. Gerecke

David S. Limbaugh

TIPS

LEGAL TERMS

INVENTORY

RESIDUARY ESTATE

NONPROBATE

INHERITANCE TAXES

DEVISEE

TRUSTEE

ENDOWMENT INSURANCE

PRETERMITTED HEIR

PER STIRPES

SAMPLE LEGAL CASES

Wilson v. Rhodes

Hardt v. Vitae Foundation, Inc.

Schumacher v. Schumacher

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