Key West Estate Planning Lawyer, Florida

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Timmy McClain
About | Practice Areas
McClain Law Firm, PA
P.O. Box 536387 Orlando, FL 32853» view map
Estate Law
A Law Firm That Cares

Let McClain Law Firm, PA handle all your Estate Planning needs today!

800-908-6270
1. Timmy McClain Orlando, FL
  Attorney at Law, FL
  Barry University School of Law, J.D. 2002
2. AboutMcClain Law Firm, PA
  A Law Firm That Cares
3. Practice AreasExpertise
  Estate Law
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2. Email
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Includes: Gift Taxation

Cara Anne Higgins

Construction, Estate Planning, Criminal, Administrative Law

Status: In Good Standing

CONTACT

608 Whitehead Street, Key West, FL 33040

Barton William Smith

Commercial Real Estate, Land Use & Zoning, Federal Trial Practice, Estate Planning

Status: In Good Standing Licensed: 19 Years

CONTACT

138 Simonton St, Key West, FL 33040

Benjamin Bryan Hawks

Commercial Real Estate, Immigration, Estate Planning, Banking & Finance

Status: In Good Standing Licensed: 18 Years

CONTACT

138 Simonton St, Key West, FL 33040

Michelle Cates Deal

Other, Commercial Real Estate, Estate Planning, Business

Status: In Good Standing Licensed: 31 Years

CONTACT

201 Front St, Key West, FL 33040

John Maloney Spottswood

Commercial Real Estate, Estate Planning, DUI-DWI, Bankruptcy, Car Accident

Status: In Good Standing

CONTACT

500 Fleming St, Key West, FL 33040

Erica Hughes Sterling

Commercial Real Estate, Immigration, Estate Planning, Business

Status: In Good Standing

CONTACT

500 Fleming St, Key West, FL 33040

Wayne Larue Smith

Commercial Real Estate, Dispute Resolution, Estate Planning, Administrative Law, Business

Status: In Good Standing

CONTACT

509 Whitehead St, Key West, FL 33040

Brett Tyler Smith

Commercial Real Estate, Estate Planning, Family Law, Business

Status: In Good Standing Licensed: 14 Years

CONTACT

509 Whitehead St, Key West, FL 33040

Wayne Larue Smith

Dispute Resolution, Lawsuit & Dispute, Estate Planning, Business

Status: In Good Standing

CONTACT

509 Whitehead St, Key West, FL 33040

Richard Mark Klitenick

Commercial Real Estate, Government, Estate Planning, Business

Status: In Good Standing

CONTACT

1009 Simonton St, Key West, FL 33040

800-923-0641

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LEGAL TERMS

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

SAMPLE LEGAL CASES

Brundage v. Bank of America

... disputed transfers from the trust. Dorothy Gutsgell and her husband, who had no children of their own, executed a series of estate planning documents, using the law firm of Ruden McClosky for their planning. In 1992 Dorothy, as ...

Yang Enterprises, Inc. v. Georgalis

... Petitioners filed suit against Respondent for trade secret theft, tortious interference with a business relationship, and trade libel. In 1999, Petitioners retained Anthony Palma, an attorney in Broad and Cassel's Orlando office, for estate planning services. ...

Wheeler v. Powers

... In 2000, Dorothy L. Powers and her husband, Albert Powers, retained Kenneth B. Wheeler, an estates and trust attorney, to prepare estate planning documents. ... [1]. On December 20, 2004, Dorothy created several new estate planning documents through a different attorney. ...

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Key West Estate Planning Lawyer, Florida

Sponsored Law Firm

McClain Law Firm, PA

SPONSORED LAWYERS

Cara Anne Higgins

Barton William Smith

Benjamin Bryan Hawks

Michelle Cates Deal

John Maloney Spottswood

Erica Hughes Sterling

Wayne Larue Smith

Brett Tyler Smith

Wayne Larue Smith

Richard Mark Klitenick

TIPS

LEGAL TERMS

SPECIAL ADMINISTRATOR

INVESTOR

REAL ESTATE AGENT

SPENDTHRIFT TRUST

INTESTATE SUCCESSION

SURVIVING SPOUSE'S TRUST

AUGMENTED ESTATE

ALTERNATE BENEFICIARY

DEVISEE

SAMPLE LEGAL CASES

Brundage v. Bank of America

Yang Enterprises, Inc. v. Georgalis

Wheeler v. Powers

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