Vanndale Trusts Lawyer, Arkansas


Larry Jennings

Traffic, Lawsuit & Dispute, Estate, Contract, Car Accident
Status:  In Good Standing           

Jessica J. Trail

Divorce & Family Law, Estate, Lawsuit & Dispute, Real Estate
Status:  In Good Standing           

Philip Hicky

Agriculture, Wills & Probate, Banking & Finance, Products Liability
Status:  In Good Standing           

Julian B. Fogleman

Commercial Real Estate, Wills, Estate, Corporate
Status:  In Good Standing           

Tom Duck

Tax, Trusts, Estate Planning, International Tax
Status:  In Good Standing           Licensed:  14 Years

Sam Harvey Boyce

Tax, Estate Planning, Energy
Status:  In Good Standing           Licensed:  66 Years

Roger Mcneil

Agriculture, Banking & Finance, Litigation, Estate
Status:  In Good Standing           

Wade Bowen

Trusts, Business, Estate, Gift Taxation
Status:  In Good Standing           

Joshua M. Robles

Banking & Finance, Litigation, Personal Injury, Wills & Probate
Status:  In Good Standing           

Tom D. Womack

Trusts, Family Law, Business Organization, Business
Status:  In Good Standing           

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LEGAL TERMS

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)
The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)
(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

FUNDING A TRUST

Transferring ownership of property to a trust.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)
A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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

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.'

SAMPLE LEGAL CASES

Evans v. Blankenship

... The record reflects that the present case stems from litigation that arose in the Jefferson County Circuit Court regarding matters involving two trusts, the Samuel Wirt Blankenship, Jr., Revocable Living Trust, and the Julia Cooke Blankenship Revocable Living Trust (hereinafter ...

Unknown Heirs of Warbington v. First Community Bank

... He died in 1984, leaving the property to his wife, Catherine Warbington, the Warbington Family Trust and the Catherine M. Warbington Marital Trust (sometimes referred to as "trusts"). The trustee of the trusts was Bert John Warbington ("Bert Warbington" or "trustee"). ...

FirstPlus Home Loan Owner 1997-1 v. Bryant

... The cause of action by the representative plaintiffs, individually, and on behalf of the members of each subclass, seeks damages arising from the payment by them of interest that they allege is usurious to the trust or trusts and their trustees that own or owned their loans. ...

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