South Saint Paul Estate Planning Lawyer, Minnesota, page 2

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Bethany Danner
About | Practice Areas
Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
Estate, Power of Attorney, Trusts
We Are Experts In What We Do

Whether it’s your home or business, you are important to us. Reach out today to set up a meeting with one of our experienced Edina lawyers.

952-832-2000
1. Bethany Danner Edina, MN
  Attorney at Law- MN, 2015
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Estate
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Includes: Gift Taxation

John E Trojack

Commercial Real Estate, Mediation, Estate Planning, Estate

Status: In Good Standing Licensed: 49 Years

CONTACT

1549 Livingston Ave, Saint Paul, MN 55118

Karen Marie Vander Sanden

Wills, Estate Planning, Adoption, Elder Law

Status: In Good Standing Licensed: 21 Years

CONTACT

816 Dodd Road, Saint Paul, MN 55118

Gene Edward Adkins

Estate Planning, Contract, Elder Law, Commercial Real Estate, Business

Status: In Good Standing Licensed: 34 Years

CONTACT

The Barrister Building, Saint Paul, MN 55118

Mark Alan Tebelius

Wills & Probate, Trusts, Estate, Business, Estate Planning

Status: In Good Standing

CONTACT

2145 Woodlane Dr, Saint Paul, MN 55125

Richard T Holm

Estate, Income Tax, Elder Law, Estate Planning

Status: In Good Standing Licensed: 47 Years

CONTACT

1372 Knollwood Lane, Saint Paul, MN 55118

Kevin Leiran

Estate Planning, Family Law, Elder Law, Bankruptcy

Status: In Good Standing

CONTACT

155 South Wabasha Street, Saint Paul, MN 55107

Anthony Patrick Deutz

Welfare, Estate Planning, Family Law, Criminal, Commercial Real Estate

Status: In Good Standing Licensed: 18 Years

CONTACT

One West Water Street, Saint Paul, MN 55107

Steven Gus Katras

Estate Planning, Environmental Law Other, Securities, Bankruptcy

Status: In Good Standing Licensed: 23 Years

CONTACT

316 N. Robert Street, Saint Paul, MN 55101

Lynn A Hayes

Employee Rights, Civil Rights, Contract, Credit & Debt, Estate Planning

Status: In Good Standing Licensed: 42 Years

CONTACT

6 West Fifth Street, Saint Paul, MN 55102

Melissa J. Houghtaling

Family Law, Estate Planning, Adoption, Housing & Construction Defects

Status: In Good Standing

CONTACT

413 Wacouta Street, Saint Paul, MN 55101

800-923-0641

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LEGAL TERMS

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

CERTIFICATION OF TRUST

See abstract of trust.

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.'

SURROGATE COURT

See probate court.

LIFE BENEFICIARY

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

SAMPLE LEGAL CASES

IN RE DISCIPLINARY ACTION AGAINST FETT

... Donald Fett was admitted to practice in the State of Minnesota in 1977 and, since 2002, has practiced exclusively within the areas of estate planning and elder law. ... Fett does not dispute that since 2002, he has limited his practice to estate planning and elder law. ...

Bjorklund v. Bjorklund Trucking, Inc.

... The meeting was attended by Bjorklund; Bruce Bjorklund; the Sapatnekars; BTI's and Bjorklund's accountant, Jim Daleiden; BTI's and Bjorklund's attorney, Andy Clark; and Mike Frost, an attorney at Clark's firm who was involved in Bjorklund's estate planning. ...

IN RE THE MARRIAGE OF LEROL v. LEROL

... We reject this argument because Reierson has not shown that Lerol intended to gift his nonmarital share in the farmstead to her, and reasonable evidence supports the district court's finding that the 1974 transfer was for estate planning purposes only and that "[i]t was not [Lerol's ...

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South Saint Paul Estate Planning Lawyer, Minnesota, page 2

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

John E Trojack

Karen Marie Vander Sanden

Gene Edward Adkins

Mark Alan Tebelius

Richard T Holm

Kevin Leiran

Anthony Patrick Deutz

Steven Gus Katras

Lynn A Hayes

Melissa J. Houghtaling

TIPS

LEGAL TERMS

BEQUEATH

NONPROBATE

GRANTOR RETAINED INCOME TRUST

GROSS ESTATE

TRUST CORPUS

CERTIFICATION OF TRUST

LIVING TRUST

SURROGATE COURT

LIFE BENEFICIARY

SAMPLE LEGAL CASES

IN RE DISCIPLINARY ACTION AGAINST FETT

Bjorklund v. Bjorklund Trucking, Inc.

IN RE THE MARRIAGE OF LEROL v. LEROL

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