Killarney Trusts 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
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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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Eric S. Mashburn

Wills & Probate, Trusts, Corporate, Business Organization

Status: In Good Standing Licensed: 46 Years

CONTACT

Winter Garden, FL 34777

Stephen deHart Schwarz

Wills, Trusts, Guardianships & Conservatorships

Status: In Good Standing Licensed: 27 Years

CONTACT

15446 Heron Hideaway Cir, Winter Garden, FL 34787

Stephen Deh. Schwarz

Trusts, Guardianships & Conservatorships, Wills

Status: In Good Standing

CONTACT

15446 Heron Hideaway Cir, Winter Garden, FL 34787

Stephen Dehart Schwarz

Trusts, Guardianships & Conservatorships, Wills

Status: In Good Standing

CONTACT

15446 Heron Hideaway Cir, Winter Garden, FL 34787

Nancy Alvarez

Trusts, Family Law, Contract, Credit & Debt

Status: In Good Standing Licensed: 15 Years

CONTACT

1162 Hawkslade Ct, Winter Garden, FL 34787

Ginger Renee Lore

Estate Planning, Child Custody, Elder Law, Commercial Real Estate, Trusts

Status: In Good Standing

CONTACT

20 S Main St, Winter Garden, FL 34787

Jim Atwood

Trade Associations, Trusts, Estate Planning

Status: In Good Standing Licensed: 35 Years

CONTACT

1614 Debut Lane, Winter Garden, FL 34787

800-923-0641

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LEGAL TERMS

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.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

FUNDING A TRUST

Transferring ownership of property to a trust.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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.

SAMPLE LEGAL CASES

Doe v. Doe

... [1] The trusts administered by the Trustees include class gifts to the grandchildren of the settlors, Chester P. Doe, Jr. (Chester Jr.) and Eleanor Warren Doe (Eleanor). ... I. THE FACTS. A. The Trusts. On June 28, 1988, Chester Jr. ...

Parker v. Shullman

... Each of these trusts had sub-trusts for her daughter Lauri and granddaughter Cassie. Barbara designated 645 Shullman as the successor trustee of all of the trusts. ... When Barbara died, Shullman became trustee of the trusts. ...

Timmons v. Ingrahm

... In his will, Frank Sr. created two trusts: the Timmons Family Trust ("Family Trust") and the Timmons Marital Trust ("Marital Trust"). [1] The Timmons Family Trust was valued at $650,000. ... Myrtle was the sole income beneficiary of the trusts during her lifetime. ...

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Killarney Trusts Lawyer, Florida

Sponsored Law Firm

McClain Law Firm, PA

SPONSORED LAWYERS

Eric S. Mashburn

Stephen deHart Schwarz

Stephen Deh. Schwarz

Stephen Dehart Schwarz

Nancy Alvarez

Ginger Renee Lore

Jim Atwood

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LEGAL TERMS

INVESTOR

GRANTOR

FUNDING A TRUST

SUCCESSOR TRUSTEE

PRETERMITTED HEIR

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

EXEMPTION TRUST

HEIR APPARENT

QDOT TRUST

SAMPLE LEGAL CASES

Doe v. Doe

Parker v. Shullman

Timmons v. Ingrahm

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