Sedalia Trusts Lawyer, Colorado

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Darrell John Gubbels

Commercial Real Estate, Real Estate, Wills & Probate, Trusts
Status:  In Good Standing           Licensed:  38 Years

Todd Edward Likman

Commercial Real Estate, Trusts, Estate, Business & Trade
Status:  In Good Standing           

Kathryn Thurman James

Commercial Real Estate, Trusts, Divorce, Business
Status:  In Good Standing           

Wendy S. Monteith

Divorce, Elder Law, Litigation, Trusts
Status:  In Good Standing           

Christina Anne Brigham

Elder Law, Trusts, Child Custody, Estate
Status:  In Good Standing           Licensed:  22 Years

Christina Anne Brigham

Elder Law, Wills & Probate, Trusts, Child Custody
Status:  In Good Standing           Licensed:  22 Years

Patsy Miller Joyce

Trusts
Status:  In Good Standing           Licensed:  14 Years

Patricia Karen Lind

Elder Law, Wills & Probate, Trusts, Estate
Status:  In Good Standing           Licensed:  19 Years

Patricia Karen Lind

Elder Law, Trusts, Estate
Status:  In Good Standing           Licensed:  19 Years

Deborah Long Hoskins

Disability, Elder Law, Estate, Trusts
Status:  In Good Standing           Licensed:  26 Years

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LEGAL TERMS

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)
A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

NET ESTATE

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

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)
The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

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.

LIFE BENEFICIARY

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

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)
In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

SAMPLE LEGAL CASES

Barber v. Ritter

... which they allege became general tax dollars as a result of the transfer, would be expended to defray "general governmental expenses unrelated to the respective purposes for which the cash funds were created"; (2) some of the funds involved were "public trusts," and therefore ...

Saunders v. MURATORI

... See Moore v. 1600 Downing Street, Ltd., 668 P.2d 16, 19 (Colo.App.1983) ("`It is fundamental to the law of trusts that cestuis have the right `upon the general principles of equity' ... and `independently of [statutory] provisions ... ...

IN RE VINTON v. Virzi

... App. 2000). ¶18 With regard to Virzi's allegation of misrepresentation of ownership, for hundreds of years it has been true of the English and American law of trusts that "title" is "colorless" because the person in whom the ... Restatement (Second) of Trusts § 2 cmt. d (1959). ...