Stamping Ground Estate Lawyer, Kentucky

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Benjamin M Fiechter

International, Trusts, Communication & Media Law
Status:  In Good Standing           

Jennifer L Fell

General Practice
Status:  In Good Standing           

Jacob Pace Ford

Trusts, Business
Status:  In Good Standing           

James A Bailey

Other, Trusts, Estate
Status:  In Good Standing           

John Browning Park

Trusts, State Government, Administrative Law
Status:  In Good Standing           

Richard Dale Lilly

Trusts, Elder Law
Status:  In Good Standing           

Jennifer Laure Fell

General Practice
Status:  In Good Standing           

Wendell Randol Clark

General Practice
Status:  In Good Standing           

William Lester Legg

Estate Planning, Trusts, Wills & Probate, Corporate
Status:  In Good Standing           

Richard Dale Lilly

Trusts, Estate, Elder Law, Civil & Human Rights
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

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.'

DEVISEE

A person or entity who inherits real estate under the terms of a will.

CERTIFICATION OF TRUST

See abstract of trust.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

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.

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.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)
Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)
Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

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.