Rye Estate Planning Lawyer, Texas, page 5

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Includes: Gift Taxation

Zhusong Yang

Gift Taxation, Tax
Status:  In Good Standing           Licensed:  19 Years

Gregg Raul Kosterlitzky

Gift Taxation, Tax
Status:  In Good Standing           Licensed:  27 Years

Michael J. Boyd

Tax, International Tax, International, Gift Taxation
Status:  In Good Standing           Licensed:  29 Years

Clayton E. Mayfield

International Tax, International, Gift Taxation, Collection
Status:  In Good Standing           Licensed:  50 Years

Nicholas Alexander Dupre

Commercial Real Estate, Wills, Gift Taxation, Elder Law
Status:  In Good Standing           Licensed:  17 Years

Gregory B. Keys

International, Wills, Gift Taxation, Estate
Status:  In Good Standing           Licensed:  30 Years

Anna Kathleen Nika

Gift Taxation, Family Law, Consumer Rights, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  20 Years

Steven Edward Goerner

International, Gift Taxation
Status:  In Good Standing           Licensed:  31 Years

Joseph Nora Jannise

International Other, International, Gift Taxation, Dispute Resolution
Status:  In Good Standing           Licensed:  31 Years

Kelli Patrice Hamilton

Commercial Real Estate, Clean Air Practice, Gift Taxation, Administrative Law
Status:  In Good Standing           Licensed:  28 Years

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Easily find Rye Estate Planning Lawyers and Rye Estate Planning Law Firms. For more attorneys, search all Estate areas including Trusts, Wills & Probate and Power of Attorney attorneys.

LEGAL TERMS

IRREVOCABLE TRUST

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

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)
(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

KINDRED

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

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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.

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.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)
A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)
A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

SAMPLE LEGAL CASES

Smith v. O'DONNELL

... 192 SW3d 780 (Tex.2006). 234 SW3d 135, 138. In Belt, we held that an executor was in privity with the decedent's attorneys and could sue them for estate-planning malpractice. 192 SW3d at 787. A prior case, Barcelo v. Elliott ...

In re Townley Bypass Unified Credit Trust

252 SW3d 715 (2008). In re TOWNLEY BYPASS UNIFIED CREDIT TRUST. No. 06-07-00025-CV. Court of Appeals of Texas, Texarkana. Submitted February 13, 2008. Decided April 9, 2008. 717 William E. Wylie, William E. Wylie ...

In re Estate of Henry

... in the 1996 revocable living trust agreement. In 2004, Thomas Henry and Ms. Henry met with Warren Nystrom, an attorney whose practice included estate planning and preparation of wills. On October 19, 2004, at the office ...