Ceresco Estate Lawyer, Nebraska, page 5


Bryan E. Slone

Other, Mediation, Gift Taxation, Bankruptcy
Status:  In Good Standing           

Candice C. Wooster

Commercial Real Estate, Trusts, Family Law, Life & Health
Status:  In Good Standing           

Carey D. Collingham

Estate Planning, Civil Rights, Employee Rights, Commercial Real Estate
Status:  In Good Standing           

Carlton D. Robinson

Real Estate, Estate, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  25 Years

Carlton Darrell Robinson

Real Estate, Estate, Bankruptcy & Debt
Status:  In Good Standing           

Carmen K. Maurer

Corporate, Commercial Bankruptcy, Gift Taxation, Business & Trade
Status:  In Good Standing           

Catrina Harris

Commercial Real Estate, Dispute Resolution, Trusts, Business
Status:  In Good Standing           

Chad L. Bowman

Real Estate, Estate, Divorce & Family Law, Civil & Human Rights
Status:  In Good Standing           

Chance James Counts

Contract, Wills, Commercial Real Estate, Business & Trade
Status:  In Good Standing           Licensed:  7 Years

Charles Richard Clark

Public Interest Law, Estate Planning, Civil Rights, Administrative Law
Status:  In Good Standing           

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LEGAL TERMS

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.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)
The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

FUNDING A TRUST

Transferring ownership of property to a trust.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)
Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.