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Bethany Danner
About | Practice Areas
Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
Estate, Power of Attorney, Trusts
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952-832-2000
1. Bethany Danner Edina, MN
  Attorney at Law- MN, 2015
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Estate
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Sally K. Mortenson

Estate Planning, Family Law, Wills & Probate, Trusts

Status: In Good Standing

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2500 West County Road 42, Burnsville, MN 55337

Matthew A. Guttman

Wills & Probate, Trusts, Estate Planning, Estate

Status: In Good Standing

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6600 France Avenue S., Edina, MN 55435

Rebecca Ribich

Real Estate, Immigration, Wills & Probate, Trusts

Status: In Good Standing Licensed: 19 Years

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287 Marschall Rd, Shakopee, MN 55379

Suzanne M. Sandahl

Commercial Real Estate, Wills, Wills & Probate, Trusts, Elder Law

Status: In Good Standing Licensed: 49 Years

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7400 Lyndale Avenue South, Minneapolis, MN 55423

Erica Jean Lindquist

Tax, Trusts, Transactions

Status: In Good Standing Licensed: 21 Years

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7201 Ohms Lane, Minneapolis, MN 55439

Kris L Maser

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

Status: In Good Standing Licensed: 42 Years

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6601 Lyndale Ave S., Minneapolis, MN 55402

Joel A. Seltz

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

Status: In Good Standing Licensed: 53 Years

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5001 Chowen Avenue South, Minneapolis, MN 55410

Luther M Amundson

Personal Injury, Wills & Probate, Trusts, Mass Torts

Status: In Good Standing Licensed: 42 Years

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6601 Lyndale Ave S., Minneapolis, MN 55402

800-923-0641

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LEGAL TERMS

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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.

FAMILY POT TRUST

See pot trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the 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.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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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Jordan Trusts Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Sally K. Mortenson

Matthew A. Guttman

Rebecca Ribich

Suzanne M. Sandahl

Erica Jean Lindquist

Kris L Maser

Joel A. Seltz

Luther M Amundson

TIPS

LEGAL TERMS

TRUST CORPUS

STATUTORY SHARE

FAMILY POT TRUST

POUR-OVER WILL

OFFICER

TRUST DEED

CHARITABLE TRUST

GENERATION-SKIPPING TRUST

MINERAL RIGHTS

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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