Richland Estate Lawyer, Missouri

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Ronald K. Carpenter

Estate Planning, Corporate, Business Organization, Banking & Finance
Status:  In Good Standing           

Stephen W. Daniels

Social Security -- Disability, Family Law, Wills & Probate, Corporate
Status:  In Good Standing           

Mark C. Prugh

International, Wills & Probate, Family Law, Medical Malpractice, Credit & Debt
Status:  In Good Standing           Licensed:  36 Years

Ronda Leigh Neff

Family Law, Juvenile Law, Wills, Criminal
Status:  In Good Standing           Licensed:  31 Years

Tyce S. Smith Sr.

Real Estate, Legal Malpractice, Personal Injury, Wills & Probate
Status:  In Good Standing           

Ronda Leigh Cortesini

Landlord-Tenant, Family Law, Wills & Probate, Business
Status:  In Good Standing           

Meagan Marie Howe

Dispute Resolution, International Tax, Estate Planning, Family Law, Traffic
Status:  In Good Standing           Licensed:  13 Years

Beverly Jean Alkire

Power of Attorney, Estate Planning, Family Law, Divorce & Family Law
Status:  In Good Standing           Licensed:  32 Years

Gene A. Hilton

Power of Attorney, Estate Planning, Family Law, Business
Status:  In Good Standing           

J. Kent Robinson

Real Estate, Litigation, Estate, Banking & Finance
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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LEGAL TERMS

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)
Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

KINDRED

Under some state's probate codes, all relatives of a deceased person.

CREDIT SHELTER TRUST

See AB trust.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

MARITAL LIFE ESTATE TRUST

See AB trust.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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.

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.