Franklin Trusts Lawyer, Indiana

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R. Daniel Craven

Personal Injury, Wills & Probate, Trusts, Wills
Status:  In Good Standing           

Kevin Michael Barton

Trusts, Estate
Status:  In Good Standing           Licensed:  44 Years

Kyle Andrew Johnson

Motor Vehicle, Trusts, Divorce & Family Law, Criminal
Status:  In Good Standing           Licensed:  12 Years

Larry Jon Gesse

Juvenile Law, Trusts, Estate, Divorce & Family Law
Status:  In Good Standing           Licensed:  50 Years

Robert Keith Johnson

Public Utilities, Trusts, Life & Health
Status:  In Good Standing           Licensed:  41 Years

Stuart Thomas Bench

Trusts, Child Custody, Criminal, Bankruptcy
Status:  In Good Standing           Licensed:  47 Years

John Thomas Keith

Trusts, Estate
Status:  In Good Standing           Licensed:  28 Years

Kimberly Allison Jewell

Trusts, Estate, Elder Law, Civil & Human Rights
Status:  In Good Standing           Licensed:  11 Years

Kyle David Mcclammer

Trusts, Estate, Corporate
Status:  In Good Standing           Licensed:  13 Years

John Paul Wilkowski

Trusts, Estate, Corporate, Business
Status:  In Good Standing           Licensed:  30 Years

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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.

DEED OF TRUST

See trust deed.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)
To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)
A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

SURROGATE COURT

See probate court.

FAMILY POT TRUST

See pot trust.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)
The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)
An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)
Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SAMPLE LEGAL CASES

Zoeller v. East Chicago Second Century

... It argues on appeal that it was established under the agreement to benefit as a private for-profit corporation, and that "this non-charitable component eliminates the possibility that a public charitable trust was created," citing the definition of such trusts, Ind.Code § 30-4-1-2(5 ...

Carlson v. Sweeney, Dabagia, Donoghue, Thorne, Janes & Pagos

Norman R. CARLSON, Jr., Individually and As Executor of the Estates of Norman R. Carlson and Hilda D. Carlson, Deceased, and As Trustee of the Trusts Established Under the Last Wills and Testaments of Norman R. Carlson and Hilda D. Carlson; Margaret Ann Carlson; Beth ...

Gibbs v. Kashak

... OPINION. MAY, Judge. Sally Gibbs and Jack David Kashak are siblings and the beneficiaries of their parents' trusts. ... Norbert and Eileen each created a trust and deeded their assets, including the land, bank accounts, and stocks to their trusts. ...