Clearbrook Trusts Lawyer, Minnesota, page 3

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Richard Morris
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Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
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1. Richard Morris Edina, MN
  Attorney at Law- MN, 1974
  William Mitchell College of Law, J.D.
2. AboutMorris Law Group PA
  We Are Experts In What We Do
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Eric Peter Schieferdecker

General Practice

Status: In Good Standing Licensed: 29 Years

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213 Main Avenue, Bagley, MN 56621

Alan G Rogalla

General Practice

Status: In Good Standing Licensed: 36 Years

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213 N. Main Avenue, Bagley, MN 56621

Kathryn Anne Kimball

General Practice

Status: In Good Standing Licensed: 9 Years

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213 N. Main Avenue, Bagley, MN 56621

Michelle Deanna Mahlen

General Practice

Status: In Good Standing Licensed: 9 Years

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213 N. Main Avenue, Bagley, MN 56621

Katherine Headley

General Practice

Status: Inactive Licensed: 22 Years

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Bagley, MN 56621

Katherine Headley

General Practice

Status: Inactive Licensed: 22 Years

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Bagley, MN 56621

Katherine Headley

General Practice

Status: Inactive Licensed: 22 Years

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Bagley, MN 56621

Douglas W Cann

General Practice

Status: Retired Licensed: 72 Years

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20118 Lake Julia Drive N.W., Bemidji, MN 56601

Stephen R Young

General Practice

Status: Suspended Licensed: 47 Years

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26365 Hay Creek Road N.E., Tenstrike, MN 56683

Heather Lynn Labat

General Practice

Status: In Good Standing Licensed: 11 Years

CONTACT

14834 Werner Road N.W., Bemidji, MN 56601

800-923-0641

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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).

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.

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.

TITLE COMPANY

A company that issues title insurance.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

FUNDING A TRUST

Transferring ownership of property to a trust.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

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.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

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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Clearbrook Trusts Lawyer, Minnesota, page 3

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Eric Peter Schieferdecker

Alan G Rogalla

Kathryn Anne Kimball

Michelle Deanna Mahlen

Katherine Headley

Katherine Headley

Katherine Headley

Douglas W Cann

Stephen R Young

Heather Lynn Labat

TIPS

LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

LETTERS TESTAMENTARY

EXECUTOR

TITLE COMPANY

SUCCESSOR TRUSTEE

FUNDING A TRUST

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

PER STIRPES

DISCHARGE (OF PROBATE ADMINISTRATOR)

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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