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William Faulkner
About | Practice Areas
Faulkner Law Offices, LLC
331 Washington Avenue Marietta, GA 30060» view map
Estate Law
Plan For Your Future In Life And Business

Let Stan Faulkner, lead counsel at Faulkner Law Offices, help with your family's estate plan or business law strategy. He can streamline the entire legal process for you.

800-793-1121
1. https://www.lawyer.com/imgup/m/ecae876fb446db326350115e8070920e.jpg William Faulkner
  Attorney at Law- GA, 2001
  Saint Louis University School of Law, J.D. 2001
2. AboutFaulkner Law
  Plan For Your Future In Life And Business
3. Practice AreasExpertise
  Estate Law
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Alvah H. Pasley

Accident & Injury, Estate, Divorce & Family Law, Criminal, Social Security -- Disability

Status: In Good Standing Licensed: 23 Years

FREE CONSULTATION

CONTACT

300 West Gordon Street, Thomaston, GA 30286

Amanda Aldrich Barrett

Estate, Employment, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

1 Jefferson Street, Newnan, GA 30263

Amber Nicole Crawford

Estate, Real Estate

Status: In Good Standing Licensed: 7 Years

CONTACT

28 Jackson Street, Newnan, GA 30264

Annie Sawyer Mulligan

Trusts, Family Law, Adoption

Status: In Good Standing

CONTACT

Brooks, GA 30205

Carson Bradford Sears

Real Estate, Estate

Status: In Good Standing

CONTACT

11 Perry Street, Newnan, GA 30264

Christian Cruz

Real Estate, Government, Estate, Business

Status: In Good Standing Licensed: 19 Years

CONTACT

1018 Pleasance Grove, Peachtree City, GA 30269

Clifton Mark Sandlin

Real Estate, Wills & Probate, Estate

Status: In Good Standing Licensed: 16 Years

CONTACT

1201 Lower Fayetteville Road, Newnan, GA 30265

David Griffin Brisendine

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

Status: In Good Standing Licensed: 27 Years

FREE CONSULTATION

CONTACT

9451 Hwy 19 N, Zebulon, GA 30295

Debra B Dutton

Trusts, Divorce, Bankruptcy, Bankruptcy & Debt

Status: In Good Standing Licensed: 11 Years

CONTACT

409 Airport Road, Griffin, GA 30224

Edward Andrew Stone

Real Estate, Patent, Immigration, Estate

Status: In Good Standing

CONTACT

48 Main Street, Senoia, GA 30276

800-923-0641

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LEGAL TERMS

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

GRANTOR

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

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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.

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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Concord Estate Lawyer, Georgia

Sponsored Law Firm

Faulkner Law Offices, LLC

SPONSORED LAWYERS

Alvah H. Pasley

Amanda Aldrich Barrett

Amber Nicole Crawford

Annie Sawyer Mulligan

Carson Bradford Sears

Christian Cruz

Clifton Mark Sandlin

David Griffin Brisendine

Debra B Dutton

Edward Andrew Stone

TIPS

LEGAL TERMS

ALTERNATE BENEFICIARY

QTIP TRUST

GRANTOR

IRREVOCABLE TRUST

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

LAPSE

STATUTORY SHARE

ABATEMENT

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