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David E. Hodges
About | Practice Areas
David E. Hodges, P.C.
902 Wildwood Avenue Mobile, AL 36609» view map
Estate Law
Personalized Legal Guidance

Tired of law offices that connect you with a different person every time you call? Choose David E. Hodges as your local attorney.

800-716-9530
1. David E. Hodges Mobile, AL
  Attorney at Law - AL, 1987
  Duke University J.D. 1987
2. AboutDavid E. Hodges, P.C.
  You Can't Predict the Future, But You Can Plan for It
3. Practice AreasExpertise
  Estate Law
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Michael S McNair

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Divorce & Family Law, Wills & Probate

We Believe In Personal Service To Our Clients

When M. S. McNAIR, ATTORNEY AT LAW, P.C. was established, there was one thought on our mind: to offer accessible, personalized legal services to the c... (more)

FREE CONSULTATION

CONTACT

251-450-0111

2151 Government Street, Mobile, AL 36606

Leah P. Ladd

Commercial Leasing, Commercial Real Estate, Gift Taxation, Estate Administration

Status: In Good Standing

CONTACT

1300 Riverview Plaza, 63 South Royal Street, Mobile, AL 36602

Deena R. Tyler

Wills & Probate

Status: In Good Standing

CONTACT

1203 Dauphin Street, Mobile, AL 36604

Harry V. Satterwhite

Litigation, Lawsuit & Dispute, Estate, Corporate, Business Organization

Status: In Good Standing Licensed: 30 Years

CONTACT

1325 Dauphin St, Mobile, AL 36604

Timothy A. Heisterhagen

Real Estate, Industry Specialties, Estate, Workers' Compensation

Status: In Good Standing Licensed: 15 Years

CONTACT

Mobile, AL 36601

Duane A. Graham

Construction, Gift Taxation, Corporate, Administrative Law

Status: In Good Standing Licensed: 40 Years

CONTACT

Mobile, AL 36601

Richard E. Shields

Premises Liability, Traffic, Wills, Wrongful Death

Status: In Good Standing Licensed: 43 Years

CONTACT

507 Church St, Mobile, AL 36602

R. Randall Riccardo

Commercial Real Estate, Litigation, Wills, Trusts

Status: In Good Standing Licensed: 22 Years

CONTACT

154 Davitt St, Mobile, AL 36604

Rhonda Kinard

Other, Estate, Divorce & Family Law, Criminal

Status: In Good Standing

CONTACT

808 Downtowner Blvd, Mobile, AL 36609

Jeffrey Uhlman Beaverstock

Real Estate, Federal, Estate Planning, Business

Status: In Good Standing

CONTACT

155 Saint Joseph St, Mobile, AL 36602

800-923-0641

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LEGAL TERMS

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

FUNDING A TRUST

Transferring ownership of property to a trust.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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).

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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Wilmer Estate Lawyer, Alabama

Sponsored Law Firm

David E. Hodges, P.C.

SPONSORED LAWYERS

Michael S McNair

Leah P. Ladd

Deena R. Tyler

Harry V. Satterwhite

Timothy A. Heisterhagen

Duane A. Graham

Richard E. Shields

R. Randall Riccardo

Rhonda Kinard

Jeffrey Uhlman Beaverstock

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LEGAL TERMS

TRUST DEED

PROVING A WILL

ABSTRACT OF TRUST

FUNDING A TRUST

WILL

FINAL BENEFICIARY

ACCUMULATION TRUST

GRANTOR RETAINED INCOME TRUST

FAILURE OF ISSUE

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