Shannon Trusts Lawyer, Georgia

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William Faulkner
About | Practice Areas
Faulkner Law Offices, LLC
331 Washington Avenue Marietta, GA 30060» view map
Estate Law
Plan For Your Future In Life And Business

Let Stan Faulkner, lead counsel at Faulkner Law Offices, help with your family's estate plan or business law strategy. He can streamline the entire legal process for you.

800-793-1121
1. https://www.lawyer.com/imgup/m/ecae876fb446db326350115e8070920e.jpg William Faulkner
  Attorney at Law- GA, 2001
  Saint Louis University School of Law, J.D. 2001
2. AboutFaulkner Law
  Plan For Your Future In Life And Business
3. Practice AreasExpertise
  Estate Law
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Kristy L. Treadaway

Real Estate, Wills & Probate, Trusts, Family Law

Status: In Good Standing Licensed: 25 Years

CONTACT

615 W 1st St, Rome, GA 30161

Crystal Nicole Burkhalter

Family Law, Children's Rights, Trusts, Tax

Status: In Good Standing

CONTACT

531 Broad St, Mount Berry, GA 30161

Crystal Nicole Burkhalter

Family Law, Children's Rights, Trusts, Tax

Status: In Good Standing Licensed: 14 Years

CONTACT

531 Broad St, Mount Berry, GA 30161

Crystal Nicole Burkhalter

Family Law, Children's Rights, Trusts, Tax

Status: In Good Standing Licensed: 14 Years

CONTACT

531 Broad St, Mount Berry, GA 30161

Crystal Burkhalter Polizzi

General Practice

Status: In Good Standing Licensed: 14 Years

CONTACT

531 Broad St, Mount Berry, GA 30161

Tim Crouch

Criminal, Family Law, Wills & Probate, Trusts, Divorce & Family Law

Status: In Good Standing

CONTACT

527 Broad St, Rome, GA 30161

John M. Graham

Litigation, Trusts, Estate

Status: In Good Standing Licensed: 58 Years

CONTACT

519 Broad Street, Mount Berry, GA 30161

Virginia B. Harman

Federal Trial Practice, Trusts, Contract, Credit & Debt

Status: In Good Standing

CONTACT

111 Bridgepoint Plaza, Mount Berry, GA 30162

Harry Lee Treadaway

Landlord-Tenant, Dispute Resolution, Wills & Probate, Trusts, Elder Law

Status: In Good Standing Licensed: 20 Years

CONTACT

711 Broad Street, Rome, GA 30161

James W. Atwood

Trusts, Estate Planning, Estate, Business

Status: Inactive Licensed: 35 Years

CONTACT

340 Mount Alto Rd Sw, Rome, GA 30165

800-923-0641

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LEGAL TERMS

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.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

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

CURATOR

See conservator.

FAMILY POT TRUST

See pot trust.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

SAMPLE LEGAL CASES

Cronic v. Baker

... Subsequently, the Attorney General of Georgia brought suit against Cronic in superior court, contending that both Item III(4) and III(5) of the Will created charitable trusts and that Cronic breached his fiduciary duties by failing to fully fund them. ...

Hood v. Todd

... trustee of the respective residuary trust established for her benefit. No other trustees of any other potential trusts (other than a successor trustee) are named. Todd claims to be Buffington's biological daughter, asserting that she ...

PRICEWATERHOUSECOOPERS, LLP v. Bassett

... A Cobb County jury returned a $10 million verdict in favor of William Bassett as the trustee for four private trusts in the trusts' claim for negligent misrepresentation against the accounting firm Pricewaterhouse-Coopers, LLP ("PwC"), as the successor to Coopers & Lybrand, LLP ...

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Shannon Trusts Lawyer, Georgia

Sponsored Law Firm

Faulkner Law Offices, LLC

SPONSORED LAWYERS

Kristy L. Treadaway

Crystal Nicole Burkhalter

Crystal Nicole Burkhalter

Crystal Nicole Burkhalter

Crystal Burkhalter Polizzi

Tim Crouch

John M. Graham

Virginia B. Harman

Harry Lee Treadaway

James W. Atwood

TIPS

LEGAL TERMS

POUR-OVER WILL

PERSONAL PROPERTY

EXEMPTION TRUST

FUNDING A TRUST

INTESTATE

SPECIAL ADMINISTRATOR

CURATOR

FAMILY POT TRUST

RESIDUARY ESTATE

SAMPLE LEGAL CASES

Cronic v. Baker

Hood v. Todd

PRICEWATERHOUSECOOPERS, LLP v. Bassett

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