Borup Estate Lawyer, Minnesota

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Elizabeth Brandt Brainard

Motor Vehicle, Class Action, Immigration, Wills & Probate
Status:  In Good Standing           Licensed:  10 Years

Cynthia Ann Julin

Real Estate, Lawsuit & Dispute, Government, Estate
Status:  In Good Standing           Licensed:  11 Years

Matthew Dean Jorud

Estate, Divorce & Family Law, Criminal, Business
Status:  In Good Standing           Licensed:  13 Years

Thomas Peter Winters

Corporate, Family Law, Estate Planning, International Other
Status:  In Good Standing           

Stuart Jon Kitzmann

Estate, Divorce & Family Law, Criminal, Civil & Human Rights
Status:  In Good Standing           Licensed:  33 Years

Thomas Peter Winters

Real Estate, Government, Estate, Divorce & Family Law
Status:  In Good Standing           Licensed:  15 Years

Dennis W Schurman

Estate Planning, Civil Rights, Corporate
Status:  Retired           Licensed:  52 Years

Charles A. Seuntjens

Landlord-Tenant, Estate, Divorce & Family Law, Business
Status:  In Good Standing           

Dan D Plambeck

Estate, Civil & Human Rights, Business
Status:  In Good Standing           Licensed:  46 Years

Kathryn E. Nekola

Estate Planning, Transactions, Business
Status:  In Good Standing           Licensed:  7 Years

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

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800-943-8690

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LEGAL TERMS

CREDIT SHELTER TRUST

See AB trust.

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.

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.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

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.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)
Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

CURATOR

See conservator.