Hooper Trusts Lawyer, Colorado
SPONSORED LAWYERS
1-2 of 2 matches. Page 1 of 1
104 Bluff Circle, Westcliffe, CO 81252
Profile LAWPOINTS™34/100
LAWPOINTS™ measure the overall completeness of a Lawyer's profile. More complete profiles are ranked higher and help visitors select the right lawyer faster.
We help paid Members build more complete and informative profiles.
LAWPOINTS™ do not measure a Lawyer's reputation.
More Info for Lawyers
We help paid Members build more complete and informative profiles.
LAWPOINTS™ do not measure a Lawyer's reputation.
More Info for Lawyers
Richard James Jacobs
Real Estate, Business & Trade, Elder Law, Trusts
Status: In Good Standing Licensed: 51 Years
700 Main Street, Alamosa, CO 81101
Profile LAWPOINTS™19/100
LAWPOINTS™ measure the overall completeness of a Lawyer's profile. More complete profiles are ranked higher and help visitors select the right lawyer faster.
We help paid Members build more complete and informative profiles.
LAWPOINTS™ do not measure a Lawyer's reputation.
More Info for Lawyers
We help paid Members build more complete and informative profiles.
LAWPOINTS™ do not measure a Lawyer's reputation.
More Info for Lawyers
TIPS
Easily find Hooper Trusts Lawyers and Hooper Trusts Law Firms. For more attorneys, search all Estate areas including Estate Planning, Wills & Probate and Power of Attorney attorneys.
LEGAL TERMS
POWER OF APPOINTMENT
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.
CREDIT SHELTER TRUST
See AB trust.
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.
GRANT DEED
A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)
A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.
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.
DEATH TAXES
Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)
Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.
PUBLIC ADMINISTRATOR
Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)
Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.
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.
SPECIFIC BEQUEST
A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)
A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.
SAMPLE LEGAL CASES
Barber v. Ritter
... which they allege became general tax dollars as a result of the transfer, would be expended to
defray "general governmental expenses unrelated to the respective purposes for which the cash
funds were created"; (2) some of the funds involved were "public trusts," and therefore ...
Saunders v. MURATORI
... See Moore v. 1600 Downing Street, Ltd., 668 P.2d 16, 19 (Colo.App.1983) ("`It is
fundamental to the law of trusts that cestuis have the right `upon the general principles
of equity' ... and `independently of [statutory] provisions ... ...
IN RE VINTON v. Virzi
... App. 2000). ¶18 With regard to Virzi's allegation of misrepresentation of ownership, for hundreds
of years it has been true of the English and American law of trusts that "title" is "colorless" because
the person in whom the ... Restatement (Second) of Trusts § 2 cmt. d (1959). ...
FILTER BY:
- Free Consultation
- Male
- Female
- Suspended
PRACTICE AREAS
- Accident & Injury
- Bankruptcy & Debt
- Business
- Civil & Human Rights
- Consumer Rights
- Criminal
- Divorce & Family Law
- Employment
- Environmental Law
- Estate
- -Estate Planning
- -Gift Taxation
- Trusts
- -Wills & Probate
- -Estate Administration
- -Living Wills
- -Wills
- -Power of Attorney
- Government
- Health Care
- Immigration
- Industry Specialties
- Intellectual Property
- International
- Lawsuit & Dispute
- Mass Torts
- Motor Vehicle
- Real Estate
- Tax
- Other