Ranchos De Taos Estate Lawyer, New Mexico

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William John Sheridan

Elder Law, Wills & Probate
Status:  In Good Standing           

Elizabeth A. Musselman

Landlord-Tenant, Family Law, Children's Rights, Wills
Status:  In Good Standing           

Barbara Breneman Toth

General Practice
Status:  In Good Standing           

Alan H. Maestas

Estate Planning, Family Law, Criminal, Insurance, Personal Injury
Status:  In Good Standing           

Lee Boothby

Real Estate Other, Real Estate, Wills & Probate, Estate, Corporate
Status:  In Good Standing           

Abby G. Sanger

Estate Planning, Commercial Real Estate, Collaborative Law, Mediation
Status:  In Good Standing           

Carmela Starace

Commercial Real Estate, Estate, Military & Veterans Appeals, Wills
Status:  In Good Standing           

Joseph Konrad Daly

Corporate, Landlord-Tenant, Social Security, Wills
Status:  In Good Standing           

Kelan Emery

Commercial Real Estate, Corporate, Family Law, Estate Planning
Status:  In Good Standing           

Margaret Yvonne Romero

General Practice
Status:  In Good Standing           

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

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800-943-8690

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Lawyer.com can help you easily and quickly find Ranchos De Taos Estate Lawyers and Ranchos De Taos 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

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 The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent.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.

TITLE COMPANY

A company that issues title insurance.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)
The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

SURROGATE COURT

See probate court.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.