Oviedo Trusts Lawyer, Florida, page 2

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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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Brenda Jo Pence

Trusts, Estate Planning

Status: In Good Standing Licensed: 36 Years

CONTACT

4400 N Alafaya Trl, Orlando, FL 32826

Mark William Scott

Estate Planning, International Tax, Commercial Real Estate, Trusts, Wills

Status: In Good Standing Licensed: 19 Years

CONTACT

3501 Quadrangle Blvd, Orlando, FL 32817

Mark William Scott

Estate Planning, International Tax, Commercial Real Estate, Trusts, Wills

Status: In Good Standing Licensed: 19 Years

CONTACT

3501 Quadrangle Blvd, Orlando, FL 32817

Jeffrey Alan Ferguson

Commercial Real Estate, Estate Planning, Trusts, Wills

Status: In Good Standing Licensed: 25 Years

CONTACT

3505 Lake Lynda Dr, Orlando, FL 32817

Pamela Dawn Houston

General Practice

Status: In Good Standing Licensed: 25 Years

CONTACT

3505 Lake Lynda Dr, Orlando, FL 32817

Ivan Michael Tucker

Wills, Trusts, Estate Planning, Elder Law

Status: In Good Standing Licensed: 46 Years

CONTACT

1404 El Cajon Ct, Casselberry, FL 32708

Robert J Hutchins

Contract, International Tax, Trusts, Commercial Real Estate

Status: In Good Standing Licensed: 40 Years

CONTACT

1170 Tree Swallow Dr, Casselberry, FL 32708

William W Fernandez

Real Estate, Wills, Trusts, Estate

Status: In Good Standing Licensed: 55 Years

CONTACT

250 E Panama Rd, Casselberry, FL 32708

Gina Pereira McCandrew

Employee Rights, Family Law, Trusts, Federal Appellate Practice

Status: In Good Standing Licensed: 21 Years

CONTACT

738 Crest Pines Dr, Orlando, FL 32828

Hallie Madsen Aymat

Estate Planning, Education, Contract, Commercial Real Estate, Trusts

Status: In Good Standing Licensed: 16 Years

CONTACT

12039 Shadowbrook Ln, Orlando, FL 32828

800-923-0641

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LEGAL TERMS

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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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Oviedo Trusts Lawyer, Florida, page 2

Sponsored Law Firm

McClain Law Firm, PA

SPONSORED LAWYERS

Brenda Jo Pence

Mark William Scott

Mark William Scott

Jeffrey Alan Ferguson

Pamela Dawn Houston

Ivan Michael Tucker

Robert J Hutchins

William W Fernandez

Gina Pereira McCandrew

Hallie Madsen Aymat

TIPS

LEGAL TERMS

OFFICER

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

SELF-PROVING WILL

INTESTATE

TRUST MERGER

SURVIVING SPOUSE'S TRUST

RESIDUARY ESTATE

PETITION

SPRINKLING TRUST

SAMPLE LEGAL CASES

Doe v. Doe

Parker v. Shullman

Timmons v. Ingrahm

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