Hovland Trusts Lawyer, Minnesota

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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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Christina Rose Deschampe

General Practice

Status: Suspended Licensed: 14 Years

CONTACT

Grand Portage, MN 55605

Ruthanne Alma Hedstrom Vos

General Practice

Status: In Good Standing Licensed: 12 Years

CONTACT

101 W Highway 61, Grand Marais, MN 55604

Richard W Swanson

General Practice

Status: Retired Licensed: 58 Years

CONTACT

210 - 2Nd Ave. West, Grand Marais, MN 55604

Carrie Lynn Newman

General Practice

Status: Suspended Licensed: 18 Years

CONTACT

3063 East Highway 61, Grand Marais, MN 55604

Baiers Christian Heeren

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

505 W Highway 61, Grand Marais, MN 55604

Scott W Smith

General Practice

Status: In Good Standing Licensed: 43 Years

CONTACT

1710 W. Highway 61, Grand Marais, MN 55604

Leigh D Mathison

General Practice

Status: In Good Standing Licensed: 43 Years

CONTACT

Grand Marais, MN 55604

Jeanne Marie Monson

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

411 West Second Street, Grand Marais, MN 55604

Jeanne Marie Smith

General Practice

Status: In Good Standing Licensed: 22 Years

CONTACT

411 West Second Street, Grand Marais, MN 55604

Molly Catherine Hicken

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

411 W. 2Nd Street, Grand Marais, MN 55604

800-923-0641

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LEGAL TERMS

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

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.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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.

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

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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Hovland Trusts Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Christina Rose Deschampe

Ruthanne Alma Hedstrom Vos

Richard W Swanson

Carrie Lynn Newman

Baiers Christian Heeren

Scott W Smith

Leigh D Mathison

Jeanne Marie Monson

Jeanne Marie Smith

Molly Catherine Hicken

TIPS

LEGAL TERMS

HEIR AT LAW

SUMMARY PROBATE

CERTIFIED COPY

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

PROBATE COURT

SPRINKLING TRUST

TRUST MERGER

GENERATION-SKIPPING TRANSFER TAX

SPECIFIC BEQUEST

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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