Little River Estate Lawyer, Alabama

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Adam Shea Gober Lawyer

Adam Shea Gober

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Accident & Injury, Personal Injury, Car Accident, Medical Malpractice, Estate

I am an attorney located in the Mobile/Baldwin Area, operating a civil law practice. I am experienced and knowledgeable in matters of personal injury,... (more)

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Michael S McNair Lawyer

Michael S McNair

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Divorce & Family Law, Wills & Probate
We Believe In Personal Service To Our Clients

When M. S. McNAIR, ATTORNEY AT LAW, P.C. was established, there was one thought on our mind: to offer accessible, personalized legal services to the c... (more)

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251-450-0111

L. Brian Chunn

Corporate, Estate Planning, Family Law, Insurance
Status:  In Good Standing           

R. Scott Lewis

Litigation, Estate Planning, Guardianships & Conservatorships, Personal Injury
Status:  In Good Standing           

Carolyn Dohn

Estate Administration, Estate Planning, Business Successions, Business Organization
Status:  In Good Standing           

J. Bradford Boyd Hicks

Estate Administration, Estate Planning, Family Law, Government Agencies
Status:  In Good Standing           

James V. Roberts

Lawsuit & Dispute, Estate, Adoption, Divorce & Family Law
Status:  In Good Standing           

Leah P. Ladd

Commercial Leasing, Commercial Real Estate, Gift Taxation, Estate Administration
Status:  In Good Standing           

Deena R. Tyler

Wills & Probate
Status:  In Good Standing           

E. Tatum Turner

Personal Injury, Workers' Compensation, Estate Planning, Securities Fraud
Status:  In Good Standing           

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Lawyer.com can help you easily and quickly find Little River Estate Lawyers and Little River Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

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.

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.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)
A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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.

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.

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).

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.'