Belfry Estate Planning Lawyer, Montana, page 2


Includes: Gift Taxation

Kent Evison Young

General Practice
Status:  Inactive           Licensed:  45 Years

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Free Help: Use This Form or Call 800-943-8690

Member Representative

Call me for fastest results!
800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

IRREVOCABLE TRUST

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

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.

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.

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.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

NET ESTATE

The value of all property owned at death less liabilities or debts.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

SURROGATE COURT

See probate court.

CURATOR

See conservator.

SAMPLE LEGAL CASES

IN RE ESTATE OF HICKS

... Father agrees that this document should be deemed to have been executed with all of the formalities required for a will and that it is the Father's testamentary intent to make the above-described provision for his children as part of his estate planning. . . . ...

IN RE THE MARRIAGE OF hOWARD

... licensed real estate appraiser. He also stated that he had been retained to provide an "estate planning" value that may have been low because it was reached with an intent to minimize estate taxes. The District Court, accepting ...

Micone v. Dept. of Public Health

... 21 Jennifer's grandparents, John and Darlene, established Jump Investments, a limited family partnership, in 1994, with the purpose of establishing an estate planning tool for themselves and providing an educational fund for their children and grandchildren. ...