San Marcos Estate Planning Lawyer, Texas, page 5

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Includes: Gift Taxation

Melissa Edina Ramirez

Commercial Real Estate, Mass Torts, Litigation, Gift Taxation
Status:  In Good Standing           Licensed:  24 Years

Kyle Thomas Farrar

Oil & Gas, State Appellate Practice, Federal Appellate Practice, Gift Taxation
Status:  In Good Standing           Licensed:  10 Years

Manuel Olvera Mendez

International Other, International, Gift Taxation, Administrative Law
Status:  In Good Standing           Licensed:  47 Years

Jennifer Claire Cohen

International, Intellectual Property, Gift Taxation, Administrative Law
Status:  In Good Standing           Licensed:  18 Years

Thomas F. Virr

Traffic, Wills, Gift Taxation, Non-profit, Motor Vehicle
Status:  In Good Standing           

Douglas Steven Bird

International Tax, International, Gift Taxation, Collection
Status:  In Good Standing           Licensed:  37 Years

Guadalupe Castaneda

Gift Taxation, Tax
Status:  Inactive           Licensed:  29 Years

Sharon Savage

Oil & Gas, Trusts, Estate Planning, Personal Injury
Status:  In Good Standing           Licensed:  42 Years

Julia Katherine Swisher

Entertainment, Gift Taxation, Family Law, Administrative Law
Status:  In Good Standing           Licensed:  48 Years

Albert Stanley Cross

International, Wills, Gift Taxation, Estate
Status:  In Good Standing           Licensed:  12 Years

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

LEGAL TERMS

NET ESTATE

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

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)
Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)
A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)
An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB 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.

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 ...