Clay County, MN Trusts Lawyers, page 3

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1. Richard Morris Edina, MN
  Attorney at Law- MN, 1974
  William Mitchell College of Law, J.D.
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Dan D Plambeck

Estate, Civil & Human Rights, Business

Status: In Good Standing Licensed: 46 Years

CONTACT

403 Center Ave, Glyndon, MN 56561

Howard Raymond Gilstrap

General Practice

Status: Inactive Licensed: 54 Years

CONTACT

2002 16Th St S, Glyndon, MN 56560

Bruce Alan Schoenwald

Lawsuit & Dispute, Employment

Status: In Good Standing Licensed: 42 Years

CONTACT

403 Center Ave, Glyndon, MN 56561

Kristine Lee Storlie

General Practice

Status: In Good Standing Licensed: 15 Years

CONTACT

909 14Th Street N.W., Dilworth, MN 56529

Zenas Baer

Juvenile Law, Real Estate, Motor Vehicle, Immigration, DUI-DWI

Status: In Good Standing Licensed: 44 Years

CONTACT

331 Sixth St, Hawley, MN 56549

Jesse Mickels

General Practice

Status: In Good Standing

CONTACT

Glyndon, MN 56561

Joel David Johnson

Real Estate, Estate, Business

Status: In Good Standing Licensed: 48 Years

CONTACT

2107 19Th St S, Glyndon, MN 56560

Gregg S. Jensen

General Practice

Status: In Good Standing Licensed: 42 Years

CONTACT

807 N. 11th St., Moorhead, MN 56561

Michael Damon Leeser

Other, Lawsuit & Dispute, Criminal, Business

Status: In Good Standing Licensed: 13 Years

CONTACT

807 N. 11Th Street, Moorhead, MN 56560

Timothy J. Beaton

General Practice

Status: In Good Standing Licensed: 49 Years

CONTACT

4806 6Th St South, Glyndon, MN 56560

800-923-0641

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LEGAL TERMS

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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.

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.

SAMPLE LEGAL CASES

US BANK NA v. Cold Spring Granite Co.

... Thomas Moore, Ann McCabe, and US Bank (Moores) are trustees of eight appellant family trusts (Moore Trusts) that brought suit against respondent Cold Spring Granite Company (CSG) and its chairman and CEO respondent Patrick D. Alexander after CSG stock belonging to ...

IN RE ROSCKES v. County of Carver

... intent to limit Medicaid to the financially needy, many individuals exploited a loophole in the Medicaid statute allowing them to attain Medicaid eligibility while preserving assets for their heirs by transferring their assets to irrevocable Medicaid-qualifying trusts (MQTs). ...

Swenson v. Bender

... Carlson v. SALA Architects, Inc., 732 NW2d 324, 331 (Minn.App.2007), review denied (Minn. Aug. 21, 2007). Fiduciary relationships arise when one person trusts and confides in another who has superior knowledge and authority. Id. at 330. ...

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Clay County, MN Trusts Lawyers, page 3

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Dan D Plambeck

Howard Raymond Gilstrap

Bruce Alan Schoenwald

Kristine Lee Storlie

Zenas Baer

Jesse Mickels

Joel David Johnson

Gregg S. Jensen

Michael Damon Leeser

Timothy J. Beaton

TIPS

LEGAL TERMS

TRUST MERGER

FINAL BENEFICIARY

ANCILLARY PROBATE

CERTIFIED COPY

TAKING AGAINST THE WILL

GRANTOR

STATUTORY SHARE

EXEMPTION TRUST

LETTERS TESTAMENTARY

SAMPLE LEGAL CASES

US BANK NA v. Cold Spring Granite Co.

IN RE ROSCKES v. County of Carver

Swenson v. Bender

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