Peach Glen Estate Lawyer, Pennsylvania, page 2

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Richard H. Morton
About | Practice Areas
Ryan, Morton & Imms, LLC
220 West Gay Street West Chester, PA 19380» view map
Estate and Business Law
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610-430-1425
1. Richard H. Morton West Chester, PA
  Attorney at Law, PA
  Widener University School of Law, J.D. 1984
2. AboutRyan, Morton & Imms, LLC
  The Lawyers on Your Side
3. Practice AreasExpertise
  Estate Law
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Linda J. Olsen

Complex Litigation, Federal Appellate Practice, Estate Administration, Estate Planning

Status: In Good Standing

CONTACT

218 Pine Street, Harrisburg, PA 17101

Michael J. O'Connor

Corporate, Environmental Law, Estate Planning, Family Law

Status: In Good Standing

CONTACT

218 Pine Street, Harrisburg, PA 17101

J. Edgar Wine

Corporate, Estate Administration, Estate Planning, Municipal

Status: In Good Standing

CONTACT

13 West Main Street, Waynesboro, PA 17268

Kelly M. Knight

Litigation, Estate Planning, Family Law, Criminal

Status: In Good Standing

CONTACT

2320 North 2Nd Street, Harrisburg, PA 17106

Douglas George Miller

Estate, Real Estate, Divorce & Family Law, Business

Status: In Good Standing

CONTACT

35 East High Street, Carlisle, PA 17013

Gary E. Hartman

Litigation, Estate Planning, Family Law, Corporate

Status: In Good Standing Licensed: 53 Years

CONTACT

126 Baltimore Street, Gettysburg, PA 17325

Bernard A. Yannetti

Litigation, Estate Planning, Family Law, Corporate

Status: In Good Standing Licensed: 34 Years

CONTACT

126 Baltimore Street, Gettysburg, PA 17325

Robert G. Teeter

Wills, Estate, Elder Law, Business & Trade

Status: In Good Standing Licensed: 50 Years

CONTACT

51 Spruce Drive, Gettysburg, PA 17325

John A. Wolfe

Estate, Family Law, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 39 Years

CONTACT

47 West High Street, Gettysburg, PA 17325

Thomas R. Nell

Family Law, Estate, Criminal

Status: In Good Standing

CONTACT

340 Nell Rd, East Berlin, PA 17316

800-923-0641

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LEGAL TERMS

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.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

TITLE COMPANY

A company that issues title insurance.

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.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

SAMPLE LEGAL CASES

Estate of Considine v. Wachovia Bank

Â¶ 2 Matthew Considine died on May 23, 2000. On June 2, 2005, the administrator of his estate [1] filed a civil action in the Montgomery County Court of Common Pleas naming Wachovia Bank [2] and Appellee Robert E. Rozinski defendants. The complaint alleged that Appellee was ...

In re Estate of Sauers

Â¶ 2 Pursuant to an employee group benefit plan, effective June 1, 1997, Paul J. Sauers, III, ("Decedent") obtained a $40,000.00 life insurance policy issued by the Hartford Life Insurance Company ("Insurer"). There is no dispute that the insurance policy is part of an employee ...

Estate of Hicks v. Dana Companies, LLC

Â¶ 1 This is a consolidated appeal from the judgment entered against Appellants, Dana Companies, LLC f/k/a Dana Corporation (Dana) and John Crane, Inc., f/k/a Crane Packing (Crane), in this products liability action initiated by Appellee, the Estate of Louis A. Hicks, ...

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Peach Glen Estate Lawyer, Pennsylvania, page 2

Sponsored Law Firm

Ryan, Morton & Imms, LLC

SPONSORED LAWYERS

Linda J. Olsen

Michael J. O'Connor

J. Edgar Wine

Kelly M. Knight

Douglas George Miller

Gary E. Hartman

Bernard A. Yannetti

Robert G. Teeter

John A. Wolfe

Thomas R. Nell

TIPS

LEGAL TERMS

RESIDUARY ESTATE

ACCUMULATION TRUST

IN TERROREM

ADMINISTRATRIX

TITLE COMPANY

INHERITANCE TAXES

SUCCESSOR TRUSTEE

GENERATION-SKIPPING TRANSFER TAX

POUR-OVER WILL

SAMPLE LEGAL CASES

Estate of Considine v. Wachovia Bank

In re Estate of Sauers

Estate of Hicks v. Dana Companies, LLC

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