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David E. Hodges
About | Practice Areas
David E. Hodges, P.C.
902 Wildwood Avenue Mobile, AL 36609» view map
Estate Law
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Tired of law offices that connect you with a different person every time you call? Choose David E. Hodges as your local attorney.

800-716-9530
1. David E. Hodges Mobile, AL
  Attorney at Law - AL, 1987
  Duke University J.D. 1987
2. AboutDavid E. Hodges, P.C.
  You Can't Predict the Future, But You Can Plan for It
3. Practice AreasExpertise
  Estate Law
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Allen Brooks Blow

International Tax, Trusts, Corporate, Personal Injury

Status: In Good Standing Licensed: 10 Years

CONTACT

420 20th St N, Birmingham, AL 35203

Anna Traylor Miller

Tax, Trusts, Estate, Business Successions, Estate Planning

Status: In Good Standing Licensed: 10 Years

CONTACT

880 Montclair Rd, Birmingham, AL 35213

Anna Whitney Akers

Litigation, Trusts, Bankruptcy & Debt

Status: In Good Standing Licensed: 7 Years

CONTACT

420 20Th Street N., Birmingham, AL 35203

Anna Traylor Miller

Tax, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 10 Years

CONTACT

880 Montclair Rd, Birmingham, AL 35213

Ashley Brook Burkett

Government Contract, Trusts, Employee Rights, Banking & Finance, Health Care Other

Status: In Good Standing

CONTACT

1819 5th Ave N, Birmingham, AL 35203

Bradley Wayne Lard

International Tax, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

1819 5th Ave N, Birmingham, AL 35203

Brooke Allison Everley

Trusts, Estate, Business & Trade, Business

Status: In Good Standing Licensed: 19 Years

CONTACT

2100 1St Ave N, Birmingham, AL 35203

Caroline Lewis Powell

Government Contract, Trusts, Employee Rights, Banking & Finance, Health Care Other

Status: In Good Standing Licensed: 28 Years

CONTACT

1819 5Th Ave N, Birmingham, AL 35203

Charles Richard Hill

Trusts, Insurance, Corporate, Business

Status: In Good Standing

CONTACT

1819 5th Ave N, Birmingham, AL 35203

Dorothy Lee Donaldson

Trusts

Status: In Good Standing

CONTACT

2311 Highland Avenue South, Birmingham, AL 35205

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.'

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

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.

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.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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.

SAMPLE LEGAL CASES

Ex parte Synovus Trust Co., NA

... [2]. The Raineses allege that, in connection with the creation of the Robert F. Raines Management Trust and the Helen H. Raines Management Trust ("the trusts"), Mr. and Mrs. Raines each entered into an investment agreement with Synovus Trust Corporation. ...

Ex parte Byrom

... This Court held that Â§ 43-8-224 did not apply to trusts. ... We further rejected the argument that we should follow some other "jurisdictions in which courts have found that an antilapse statute, on its face applicable only to wills, reaches trusts as well." 888 So.2d at 485. ...

Regions Bank v. Reed

REGIONS BANK v. Jean W. REED, individually and as cotrustee of the Clement S. Walter Trust; Mary W. Haynes, individually and as cotrustee of the Clement S. Walter Trust; and Susan W. Stockham, individually and as trustee and cotrustee of various family trusts. ...

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Kimberly Trusts Lawyer, Alabama

Sponsored Law Firm

David E. Hodges, P.C.

SPONSORED LAWYERS

Allen Brooks Blow

Anna Traylor Miller

Anna Whitney Akers

Anna Traylor Miller

Ashley Brook Burkett

Bradley Wayne Lard

Brooke Allison Everley

Caroline Lewis Powell

Charles Richard Hill

Dorothy Lee Donaldson

TIPS

LEGAL TERMS

TRUST CORPUS

INHERITANCE TAXES

FUNDING A TRUST

PUBLIC ADMINISTRATOR

GROSS ESTATE

TRUST DEED

INVENTORY

WARRANTY DEED

SPENDTHRIFT TRUST

SAMPLE LEGAL CASES

Ex parte Synovus Trust Co., NA

Ex parte Byrom

Regions Bank v. Reed

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