Parsons Estate Lawyer, West Virginia

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Larry W. Mayfield

Business Organization, Contract, Estate Planning, Family Law
Status:  In Good Standing           

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Alexandria Anastasia Solomon

Estate, Sexual Harassment
Status:  In Good Standing           Licensed:  19 Years

Amber Urlso Sellaro

Family Law, Criminal, Real Estate, Wills & Probate
Status:  In Good Standing           

Anna M. Pratt

Trusts
Status:  In Good Standing           

Anthony J. Ferrise

International, Gift Taxation, Corporate, Business
Status:  In Good Standing           Licensed:  39 Years

Ashleigh Nicole James

Landlord-Tenant, Patent, Estate, Employment
Status:  In Good Standing           Licensed:  14 Years

Bridgette R. Wilson

Estate, Workers' Compensation, Divorce & Family Law, Criminal
Status:  In Good Standing           

Bryan Adam Levine

Other, Trusts, Gift Taxation, Estate
Status:  In Good Standing           Licensed:  15 Years

Chad Christopher Groome

Motor Vehicle, Lawsuit, Immigration, Estate
Status:  In Good Standing           Licensed:  20 Years

Chad Lewis Taylor

Wills & Probate, Civil & Human Rights, Insurance
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

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Lawyer.com can help you easily and quickly find Parsons Estate Lawyers and Parsons 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

GRANTOR

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

CREDIT SHELTER TRUST

See AB trust.

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)
All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)
1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

DEED OF TRUST

See trust deed.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)
A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)
An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.