Atlanta Trusts Lawyer, Georgia, page 2

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William Faulkner
About | Practice Areas
Faulkner Law Offices, LLC
331 Washington Avenue Marietta, GA 30060» view map
Estate Law
Plan For Your Future In Life And Business

Let Stan Faulkner, lead counsel at Faulkner Law Offices, help with your family's estate plan or business law strategy. He can streamline the entire legal process for you.

800-793-1121
1. https://www.lawyer.com/imgup/m/ecae876fb446db326350115e8070920e.jpg William Faulkner
  Attorney at Law- GA, 2001
  Saint Louis University School of Law, J.D. 2001
2. AboutFaulkner Law
  Plan For Your Future In Life And Business
3. Practice AreasExpertise
  Estate Law
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James G. Killough

Administrative Law, Litigation, Trusts, Tax

Status: In Good Standing

CONTACT

1175 Peachtree Street N.E., Atlanta, GA 30361

C Christopher Trower

Trusts, Gift Taxation, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing

CONTACT

3159 Rilman Rd Nw, Atlanta, GA 30327

M.L. Drake

Estate Planning, Trusts, Gift Taxation

Status: In Good Standing

CONTACT

3400 Peachtree Road, Atlanta, GA 30326

Kasey Christopher Libby

Estate, Trusts, Elder Law

Status: In Good Standing Licensed: 17 Years

CONTACT

1175 Peachtree Street, N.E., Atlanta, GA 30361

Michael G. Leff

Trusts

Status: In Good Standing Licensed: 54 Years

CONTACT

3789 Roswell Road, Atlanta, GA 30342

Marc William Rock

Trusts, Estate

Status: In Good Standing Licensed: 30 Years

CONTACT

600 Peachtree St Ne, Atlanta, GA 30308

Shelly Elise Nixon

Elder Law, Trusts, Commercial Real Estate, Wills

Status: In Good Standing Licensed: 20 Years

CONTACT

3234 Lynwood Dr Ne, Atlanta, GA 30319

Christopher Trower

Trusts, Gift Taxation, Bankruptcy

Status: In Good Standing

CONTACT

3159 Rilman Rd Nw, Atlanta, GA 30327

C. LaShay Callaway

Estate, Real Estate, Wills & Probate, Trusts

Status: In Good Standing Licensed: 18 Years

CONTACT

3330 Cumberland Boulevard, Atlanta, GA 30339

Harry W. MacDougald

Trusts, Estate, Business

Status: In Good Standing Licensed: 39 Years

CONTACT

Two Ravinia Drive, Atlanta, GA 30346

800-923-0641

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LEGAL TERMS

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.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

CREDIT SHELTER TRUST

See AB trust.

SAMPLE LEGAL CASES

Cronic v. Baker

... Subsequently, the Attorney General of Georgia brought suit against Cronic in superior court, contending that both Item III(4) and III(5) of the Will created charitable trusts and that Cronic breached his fiduciary duties by failing to fully fund them. ...

Hood v. Todd

... trustee of the respective residuary trust established for her benefit. No other trustees of any other potential trusts (other than a successor trustee) are named. Todd claims to be Buffington's biological daughter, asserting that she ...

PRICEWATERHOUSECOOPERS, LLP v. Bassett

... A Cobb County jury returned a $10 million verdict in favor of William Bassett as the trustee for four private trusts in the trusts' claim for negligent misrepresentation against the accounting firm Pricewaterhouse-Coopers, LLP ("PwC"), as the successor to Coopers & Lybrand, LLP ...

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Atlanta Trusts Lawyer, Georgia, page 2

Sponsored Law Firm

Faulkner Law Offices, LLC

SPONSORED LAWYERS

James G. Killough

C Christopher Trower

M.L. Drake

Kasey Christopher Libby

Michael G. Leff

Marc William Rock

Shelly Elise Nixon

Christopher Trower

C. LaShay Callaway

Harry W. MacDougald

TIPS

LEGAL TERMS

EXEMPTION TRUST

PERSONAL PROPERTY

POWER OF APPOINTMENT

QTIP TRUST

OFFICER

INVESTOR

SUCCESSOR TRUSTEE

INTESTATE SUCCESSION

CREDIT SHELTER TRUST

SAMPLE LEGAL CASES

Cronic v. Baker

Hood v. Todd

PRICEWATERHOUSECOOPERS, LLP v. Bassett

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