Apopka Trusts Lawyer, Florida

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Timmy McClain
About | Practice Areas
McClain Law Firm, PA
P.O. Box 536387 Orlando, FL 32853» view map
Estate Law
A Law Firm That Cares

Let McClain Law Firm, PA handle all your Estate Planning needs today!

800-908-6270
1. Timmy McClain Orlando, FL
  Attorney at Law, FL
  Barry University School of Law, J.D. 2002
2. AboutMcClain Law Firm, PA
  A Law Firm That Cares
3. Practice AreasExpertise
  Estate Law
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Julie Jo Adams

Wills & Probate, Wills, Bankruptcy, Trusts

Status: In Good Standing

FREE CONSULTATION

CONTACT

415 South Orlando Avenue, Winter Park, FL 32789

Stephanie Woods

Wills & Probate, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

999 Douglas Ave., Altamonte Springs, FL 32714

Jeffrey James Seward

Wills & Probate, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 34 Years

CONTACT

3825 Emerald Estates Cir, Apopka, FL 32703

Krista Riddick Rogers

Commercial Real Estate, Government, Trusts, Estate Planning

Status: In Good Standing

CONTACT

900 Fox Valley Dr, Longwood, FL 32779

Vincent Profaci

Wills & Probate, Trusts, Estate Planning, Business Organization

Status: In Good Standing Licensed: 34 Years

FREE CONSULTATION

CONTACT

555 Winderley Place, Maitland, FL 32751

Ashley V. Brewer

Status: In Good Standing Licensed: 23 Years

CONTACT

407 Wekiva Springs Rd, Longwood, FL 32779

Trevor Keith Brewer

Litigation, International Tax, Trusts, Corporate

Status: In Good Standing Licensed: 24 Years

CONTACT

407 Wekiva Springs Rd, Longwood, FL 32779

Shannon Rose Campbell

Estate Planning, Child Custody, Elder Law, Trusts, Wills

Status: In Good Standing Licensed: 16 Years

CONTACT

1180 Spring Centre South Blvd, Altamonte Springs, FL 32714

Sarah Gulati

Commercial Real Estate, Copyright, Trusts, Contract

Status: In Good Standing Licensed: 12 Years

CONTACT

Longwood, FL 32791

Christopher Charles Cathcart

Construction, Litigation, Trusts, Corporate

Status: In Good Standing Licensed: 40 Years

CONTACT

225 S Westmonte Dr, Altamonte Springs, FL 32714

800-923-0641

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LEGAL TERMS

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

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.

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).

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

SAMPLE LEGAL CASES

Doe v. Doe

... [1] The trusts administered by the Trustees include class gifts to the grandchildren of the settlors, Chester P. Doe, Jr. (Chester Jr.) and Eleanor Warren Doe (Eleanor). ... I. THE FACTS. A. The Trusts. On June 28, 1988, Chester Jr. ...

Parker v. Shullman

... Each of these trusts had sub-trusts for her daughter Lauri and granddaughter Cassie. Barbara designated 645 Shullman as the successor trustee of all of the trusts. ... When Barbara died, Shullman became trustee of the trusts. ...

Timmons v. Ingrahm

... In his will, Frank Sr. created two trusts: the Timmons Family Trust ("Family Trust") and the Timmons Marital Trust ("Marital Trust"). [1] The Timmons Family Trust was valued at $650,000. ... Myrtle was the sole income beneficiary of the trusts during her lifetime. ...

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Apopka Trusts Lawyer, Florida

Sponsored Law Firm

McClain Law Firm, PA

SPONSORED LAWYERS

Julie Jo Adams

Stephanie Woods

Jeffrey James Seward

Krista Riddick Rogers

Vincent Profaci

Ashley V. Brewer

Trevor Keith Brewer

Shannon Rose Campbell

Sarah Gulati

Christopher Charles Cathcart

TIPS

LEGAL TERMS

ENDOWMENT INSURANCE

INHERIT

PREDECEASED SPOUSE

REAL ESTATE AGENT

ABATEMENT

GRANTOR RETAINED INCOME TRUST

PUBLIC ADMINISTRATOR

SPECIFIC BEQUEST

DEATH TAXES

SAMPLE LEGAL CASES

Doe v. Doe

Parker v. Shullman

Timmons v. Ingrahm

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