Kanabec County, MN Trusts Lawyers

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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
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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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Not enough matches for Kanabec Trusts lawyer.
Below are all Kanabec lawyers.

Barbara Ann Mcfadden

General Practice

Status: In Good Standing Licensed: 27 Years

CONTACT

18 N Vine Street, Mora, MN 55051

John P Ahlgren

General Practice

Status: In Good Standing Licensed: 44 Years

CONTACT

1 North Lake Street, Mora, MN 55051

Gary Patrick Saenger

General Practice

Status: Suspended Licensed: 36 Years

CONTACT

1753 Old Highway 23, Ogilvie, MN 56358

Gary P Saenger

General Practice

Status: Suspended Licensed: 36 Years

CONTACT

1753 Old Highway 23, Ogilvie, MN 56358

A Fred Holm

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

506 Forest Avenue W., Mora, MN 55051

Stoney Lee Hiljus

General Practice

Status: In Good Standing Licensed: 29 Years

CONTACT

18 N Vine Street, Mora, MN 55051

Thomas W Krauel

General Practice

Status: Retired Licensed: 47 Years

CONTACT

25715 55Th Avenue, Ogilvie, MN 56358

Robert C Lindig

General Practice

Status: Suspended Licensed: 49 Years

CONTACT

707 Woodland Street, Mora, MN 55051

Robert W Nyquist

General Practice

Status: Suspended Licensed: 77 Years

CONTACT

209 E Maple, Mora, MN 55051

Melvin R Schaupp

General Practice

Status: Suspended Licensed: 54 Years

CONTACT

555 Woodland Street, Mora, MN 55051

800-923-0641

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LEGAL TERMS

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

FAMILY POT TRUST

See pot trust.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

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.

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.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter 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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Kanabec County, MN Trusts Lawyers

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Barbara Ann Mcfadden

John P Ahlgren

Gary Patrick Saenger

Gary P Saenger

A Fred Holm

Stoney Lee Hiljus

Thomas W Krauel

Robert C Lindig

Robert W Nyquist

Melvin R Schaupp

TIPS

LEGAL TERMS

FAMILY ALLOWANCE

GROSS ESTATE

ABSTRACT OF TRUST

INHERITANCE TAXES

FAMILY POT TRUST

ENTITY

QTIP TRUST

POWER OF APPOINTMENT

AB 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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