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Smithers Estate Planning Lawyer, West Virginia

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Includes: Gift Taxation

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1-10 of 28 matches. Page 1 of 3  

Nathan J. Chill

Family Law, Corporate, Elder Law, Estate Planning
Status:  In Good Standing           
CONTACT
James Mark Building, 901 Quarrier Street, Charleston, WV 25301
Profile LAWPOINTS™40/100
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John B. Carrico

Criminal, Estate Planning, Family Law, Personal Injury
Status:  In Good Standing           

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CONTACT
1412 Kanawha Boulevard East, Charleston, WV 25301
Profile LAWPOINTS™31/100
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John Joseph Balenovich

Health Care Other, Gift Taxation, Corporate, Administrative Law
Status:  In Good Standing           Licensed:  19 Years
CONTACT
1554 Kanawha Blvd E, Charleston, WV 25311
Profile LAWPOINTS™34/100
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Lonnie C. Simmons

Real Estate, Estate Planning, Employment, Family Law
Status:  In Good Standing           Licensed:  42 Years
CONTACT
Charleston, WV 25326
Profile LAWPOINTS™44/100
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G. Thomas Battle

Tax, Gift Taxation, Corporate, Credit & Debt, Household Mold
Status:  In Good Standing           
CONTACT
300 Kanawha Boulevard, Charleston, WV 25321
Profile LAWPOINTS™34/100
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Robert George Tweel

Tax, Trusts, Estate Planning, Business
Status:  In Good Standing           Licensed:  32 Years
CONTACT
Charleston, WV 25322
Profile LAWPOINTS™34/100
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Bob Tweel

Tax, Trusts, Estate Planning
Status:  In Good Standing           Licensed:  31 Years
CONTACT
Charleston, WV 25322
Profile LAWPOINTS™29/100
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John Franklin Allevato

International Tax, Estate Planning, Estate, Business, Credit & Debt
Status:  In Good Standing           
CONTACT
Charleston, WV 25321
Profile LAWPOINTS™34/100
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Kelly Mondy Young

International Tax, Estate Planning, Family Law, Corporate
Status:  In Good Standing           Licensed:  31 Years
CONTACT
1538 Kanawha Blvd E, Charleston, WV 25311
Profile LAWPOINTS™24/100
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Marc R. Weintraub

Real Estate, International, Estate Planning, Business
Status:  In Good Standing           Licensed:  25 Years
CONTACT
209 Capitol St, Charleston, WV 25301
Profile LAWPOINTS™34/100
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LEGAL TERMS

LIFE BENEFICIARY

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

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)
A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)
A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)
A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)
To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

SAMPLE LEGAL CASES

IN RE JAMES

... 885, 575 SE2d 864 (2002). Therefore, the HPS found no violation by Respondent of Rule 1.9(a). The DeFrances case involved an estate lawyer who met briefly with a testator who had a will, but who ultimately did not utilize the lawyer's estate planning services. ...

Rosier v. Rosier

... At his deposition, Mr. Miller stated that he consulted with Stearl Rosier and Robert Lee Rosier about estate planning. ... Further, the property transfers were made to effectuate estate planning, as opposed to part of an attempt to defraud his wife. ...

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