Ponemah Estate Lawyer, Minnesota, page 2

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Richard Morris
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Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
Accident & Injury Law
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800-872-9610
1. Richard Morris Edina, MN
  Attorney at Law- MN, 1974
  William Mitchell College of Law, J.D.
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Accident & Injury
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Not enough matches for Ponemah Estate lawyer.
Below are all Ponemah lawyers.

Jane L Nord

General Practice

Status: Suspended Licensed: 45 Years

CONTACT

607 Island View Drive N.E., Bemidji, MN 56601

Don Bradel

General Practice

Status: Suspended Licensed: 39 Years

CONTACT

13199 Lorelei Drive, Bemidji, MN 56601

Sheldon D Mcrae

General Practice

Status: Retired Licensed: 48 Years

CONTACT

12847 Idlewild Drive N.E., Bemidji, MN 56601

William Ray Joyce

General Practice

Status: Inactive Licensed: 39 Years

CONTACT

11715 E. Movil Lake Road N.E., Bemidji, MN 56601

Christopher J. Leinen

General Practice

Status: In Good Standing Licensed: 40 Years

CONTACT

6407 Tall Pines Rd NE, Bemidji, MN 56601

Christopher J. Leinen

General Practice

Status: In Good Standing Licensed: 40 Years

CONTACT

6407 Tall Pines Rd NE, Bemidji, MN 56601

John P Bailey

Workers' Compensation

Status: In Good Standing Licensed: 52 Years

CONTACT

1331 Anne Street Nw, Bemidji, MN 56601

George L Duranske

General Practice

Status: In Good Standing Licensed: 55 Years

CONTACT

1435 Anne St Nw, Bemidji, MN 56601

Gordon L Mcrae

General Practice

Status: Suspended Licensed: 76 Years

CONTACT

901 Bunchberry Lane N.E., Bemidji, MN 56601

Anne Marie Meredith-Will

General Practice

Status: Suspended Licensed: 35 Years

CONTACT

9025 Marcella Drive Ne, Bemidji, MN 56601

800-923-0641

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LEGAL TERMS

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.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

CREDIT SHELTER TRUST

See AB trust.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

SURROGATE COURT

See probate court.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

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Ponemah Estate Lawyer, Minnesota, page 2

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Jane L Nord

Don Bradel

Sheldon D Mcrae

William Ray Joyce

Christopher J. Leinen

Christopher J. Leinen

John P Bailey

George L Duranske

Gordon L Mcrae

Anne Marie Meredith-Will

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LEGAL TERMS

GENERATION-SKIPPING TRANSFER TAX

AB TRUST

BANKRUPTCY ESTATE

LAPSE

CREDIT SHELTER TRUST

ESTATE TAXES

TAKING AGAINST THE WILL

SURROGATE COURT

PROVING A WILL

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