Mulga Estate Planning Lawyer, Alabama

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Ferris Ritchey
About | Practice Areas
Ritchey & Ritchey
1740 Oxmoor Road Birmingham, AL 35209» view map
Estate Planning, Wills & Probate, Elder Law
Small Firm Attention. Large Firm Capability.

Ritchey & Ritchey, one of the oldest law firms in Birmingham as well as Alabama, was founded in 1959 on a simple premise: provide clients with guidance and expertise.

205-271-3100
1. Ferris Ritchey Birmingham, AL
  Attorney at Law- AL, 1984
  University of Alabama School of Law, J.D. 1984
2. AboutRitchey & Ritchey
  Small Firm Attention. Large Firm Capability.
3. Practice AreasExpertise
  Estate
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Includes: Gift Taxation

Ferris S. Ritchey

✓ VERIFIED

Estate, Estate Planning, Wills & Probate, Mediation, Elder Law

Ferris Ritchey has over 35 years of experience in a wide range of legal matters with an emphasis on Domestic Relations, Mediation, Collaborative, Prob... (more)

CONTACT

205-271-3100

1740 Oxmoor Rd, Birmingham, AL 35209

Lorrie Maples Parker

Commercial Real Estate, Estate Planning, Contract, Business Organization

Status: In Good Standing

CONTACT

500 Office Park Dr., Birmingham, AL 35223

V. Michelle Obradovic

Corporate, Business Organization, Elder Law, Estate Planning

Status: In Good Standing

CONTACT

One Perimeter Park S., Birmingham, AL 35243

Brett Harrison Hollett

Landlord-Tenant, Litigation, Estate Planning, DUI-DWI, Criminal

Status: In Good Standing Licensed: 17 Years

CONTACT

2101 6Th Avenue North, Birmingham, AL 35203

Tiara Shay Young Hudson

Estate Planning, Family Law, Criminal, Personal Injury

Status: In Good Standing Licensed: 18 Years

CONTACT

950 22Nd Street N., Birmingham, AL 35203

Cheryl Dickey Chapman

Social Security -- Disability, Estate Planning

Status: In Good Standing Licensed: 40 Years

CONTACT

513 Arrington Blvd N, Birmingham, AL 35203

John N. Hester

Estate Administration, Estate Planning, DUI-DWI, Criminal

Status: In Good Standing Licensed: 39 Years

CONTACT

1929 3Rd Avenue 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

William Lyle Hinds

Industry Specialties, Estate Planning, Estate, Business & Trade

Status: In Good Standing Licensed: 59 Years

CONTACT

1819 5th Ave N, Birmingham, AL 35203

James Allen Sullivan

International Other, International, Gift Taxation, Tax

Status: In Good Standing Licensed: 19 Years

CONTACT

420 20Th St N, Birmingham, AL 35203

800-923-0641

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LEGAL TERMS

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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.

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.

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.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

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.

SAMPLE LEGAL CASES

Maloof v. John Hancock Life Ins. Co.

... "The reason that these policies were even being discussed was because we were talking about estate planning and we got into a discussion of â€” of estate taxes and things like that. ... The whole purpose of the policies was to take care of estate planning. ...

ROTHFEDER v. KAUFMAN GILPIN McKENZIE THOMAS

... In February 2003, Rothfeder met with Derek Warren, an accountant practicing in Geneva, Alabama, to discuss the referral of one of Warren's clients, Ruth K. Baucom, to the firm for assistance with tax and estate-planning matters. ...

DeFriece v. McCorquodale

... Seeking to minimize that tax burden, the family consulted an estate-planning attorney who recommended, first, that DeFriece, Durst, Ernest Jr., their 467 respective children, and Nell disclaim their rights to receive real property under Ernest Sr.'s will, and, second, that DeFriece ...

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Mulga Estate Planning Lawyer, Alabama

Sponsored Law Firm

Ritchey & Ritchey

SPONSORED LAWYERS

Ferris S. Ritchey

Lorrie Maples Parker

V. Michelle Obradovic

Brett Harrison Hollett

Tiara Shay Young Hudson

Cheryl Dickey Chapman

John N. Hester

Bradley Wayne Lard

William Lyle Hinds

James Allen Sullivan

TIPS

LEGAL TERMS

LETTERS TESTAMENTARY

KINDRED

TRUST DEED

RULE AGAINST PERPETUITIES

INTESTATE SUCCESSION

GROSS ESTATE

INHERITANCE TAXES

SPECIFIC BEQUEST

AUGMENTED ESTATE

SAMPLE LEGAL CASES

Maloof v. John Hancock Life Ins. Co.

ROTHFEDER v. KAUFMAN GILPIN McKENZIE THOMAS

DeFriece v. McCorquodale

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