Centreville Estate Lawyer, Alabama

Christopher Rhett Smitherman

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Criminal, Estate, Divorce & Family Law, Accident & Injury, Personal Injury

CONTACT

205-665-4357

725 West Street, Montevallo, AL 35115

Herbert E. "Chip" Browder

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Estate Planning, Wills & Probate, Trusts, Elder Law, Tax

The Browder & Welborn Law Office is a family-oriented law firm that focuses on protecting our clients' families, their family businesses and their ass... (more)

CONTACT

800-978-4861

2315 Ninth Street, Tuscaloosa, AL 35401

Albert Jones

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Accident & Injury, Divorce & Family Law, Criminal, Estate

Albert Jones is a practicing lawyer in the state of Alabama.

CONTACT

205-345-0806

2626 7th St, Tuscaloosa, AL 35401

Charles Adcox

Estate

CONTACT

615-370-3010

2205 4th street, Tuscaloosa, AL 35401

Joseph Paul Lynn

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Estate, Divorce & Family Law, Business, Lawsuit & Dispute

Our Clients Are Our Top Priority

Attorney Paul Lynn loves helping people from all backgrounds and all walks of life. Whether he is working on a class action, commercial, or personal i... (more)

CONTACT

205-428-4810

5219 Park Side Circle, Birmingham, AL 35244

Stephen Hasty Jones

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Bankruptcy & Debt, Divorce & Family Law, Accident & Injury, Personal Injury, Estate

Attorney Stephen H. Jones has been in the practice of Law for over 20 years.

CONTACT

800-602-7001

1714 4th Ave N, Bessemer, AL 35020

Julian Mardel Hendrix

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Criminal, Divorce & Family Law, Personal Injury, Wills & Probate

Julian Hendrix is a practicing lawyer in the state of Alabama. Attorney Hendrix received his J.D. from the Birmingham School of Law.

CONTACT

800-689-2871

P.O. Box 856, Fairfield, AL 35064

William Stephenson Halsey

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Car Accident, Business, Estate

William Halsey is a practicing lawyer in the state of Alabama.

CONTACT

205-995-8081

5120 Selkirk Dr, Birmingham, AL 35242

Ferris S. Ritchey

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Estate, Estate Planning, Wills & Probate, Mediation, Elder Law

Ferris Ritchey has over 35 years of experience in a wide range of legal matters with an emphasis on Domestic Relations, Mediation, Collaborative, Prob... (more)

CONTACT

205-271-3100

1740 Oxmoor Rd, Birmingham, AL 35209

E. Calhoun Wilson

Bankruptcy, Wills & Probate, Social Security -- Disability, Estate Planning

Status: In Good Standing

CONTACT

1308 Greensboro Avenue, Tuscaloosa, AL 35401

800-620-0900

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LEGAL TERMS

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).

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.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

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Centreville Estate Lawyer, Alabama

SPONSORED LAWYERS

Christopher Rhett Smitherman

Herbert E. "Chip" Browder

Albert Jones

Charles Adcox

Joseph Paul Lynn

Stephen Hasty Jones

Julian Mardel Hendrix

William Stephenson Halsey

Ferris S. Ritchey

E. Calhoun Wilson

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

INVESTOR

BYPASS TRUST

WILL

DISTRIBUTEE

FAMILY ALLOWANCE

DOWER AND CURTESY

LETTERS TESTAMENTARY

RESIDUARY ESTATE

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