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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
Accident & Injury Law
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800-872-9610
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
3. Practice AreasExpertise
  Accident & Injury
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Matthew A. Guttman

Wills & Probate, Trusts, Estate Planning, Estate

Status: In Good Standing

CONTACT

6600 France Avenue S., Edina, MN 55435

Rebecca Ribich

Real Estate, Immigration, Wills & Probate, Trusts

Status: In Good Standing Licensed: 19 Years

CONTACT

287 Marschall Rd, Shakopee, MN 55379

Kris L Maser

Real Estate, Lawsuit, Wills & Probate, Trusts, Animal Bite

Status: In Good Standing Licensed: 42 Years

CONTACT

6601 Lyndale Ave S., Minneapolis, MN 55402

Brett M. Larson

Corporate, Civil Rights, Trusts, Federal Appellate Practice

Status: In Good Standing

CONTACT

600 South Hwy 169, Minneapolis, MN 55426

Joel A. Seltz

Real Estate, Wills & Probate, Trusts, Civil & Human Rights

Status: In Good Standing Licensed: 53 Years

CONTACT

5001 Chowen Avenue South, Minneapolis, MN 55410

Luther M Amundson

Personal Injury, Wills & Probate, Trusts, Mass Torts

Status: In Good Standing Licensed: 42 Years

CONTACT

6601 Lyndale Ave S., Minneapolis, MN 55402

Erica Jean Lindquist

Tax, Trusts, Transactions

Status: In Good Standing Licensed: 21 Years

CONTACT

7201 Ohms Lane, Minneapolis, MN 55439

John F. Alden

Trusts, Civil Rights, Contract, Reorganization

Status: Inactive

CONTACT

2120 Laurel Ave, Minneapolis, MN 55405

800-923-0641

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LEGAL TERMS

SURROGATE COURT

See probate court.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

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.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

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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Eden Prairie Trusts Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Matthew A. Guttman

Rebecca Ribich

Kris L Maser

Brett M. Larson

Joel A. Seltz

Luther M Amundson

Erica Jean Lindquist

John F. Alden

TIPS

LEGAL TERMS

SURROGATE COURT

GENERATION-SKIPPING TRANSFER TAX

ABATEMENT

DISTRIBUTEE

ACCUMULATION TRUST

BYPASS TRUST

OFFICER

QTIP TRUST

FUNDING A TRUST

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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