Wilmer Estate Lawyer, Alabama, page 3

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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
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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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Leslie Gail Weeks

Real Estate, Immigration, Estate, Divorce

Status: In Good Standing

CONTACT

Mobile, AL 36652

Shirley Mahan Justice

International, Gift Taxation, Securities, Bankruptcy

Status: In Good Standing

CONTACT

Mobile, AL 36652

Robert Eugene Clute

Power of Attorney, Real Estate, Lawsuit & Dispute, Estate, Accident & Injury

Status: In Good Standing

CONTACT

Mobile, AL 36652

Richard E. Shields

Premises Liability, Traffic, Wills, Wrongful Death

Status: In Good Standing Licensed: 43 Years

CONTACT

507 Church St, Mobile, AL 36602

George Carroll Gaston

Litigation, Estate Planning, Estate, Civil Rights

Status: In Good Standing

CONTACT

63 South Royal Street, Mobile, AL 36602

Pamela Gilley Johnston

Real Estate, Trusts, Estate Planning

Status: In Good Standing Licensed: 19 Years

CONTACT

Mobile, AL 36689

Jon Allen Green

Wills, Estate

Status: In Good Standing

CONTACT

711 Dauphin St, Mobile, AL 36602

Zebulon M. P. Inge

Tax, Estate Planning, Private Schools, Commercial Real Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

Mobile, AL 36652

Jeffrey Uhlman Beaverstock

Real Estate, Estate Planning, Business

Status: In Good Standing

CONTACT

155 Saint Joseph St, Mobile, AL 36602

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

FAMILY POT TRUST

See pot trust.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

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.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

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.

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.

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Wilmer Estate Lawyer, Alabama, page 3

Sponsored Law Firm

David E. Hodges, P.C.

SPONSORED LAWYERS

Leslie Gail Weeks

Shirley Mahan Justice

Robert Eugene Clute

Richard E. Shields

George Carroll Gaston

Pamela Gilley Johnston

Jon Allen Green

Zebulon M. P. Inge

Jeffrey Uhlman Beaverstock

Jeffrey Uhlman Beaverstock

TIPS

LEGAL TERMS

FAMILY POT TRUST

RULE AGAINST PERPETUITIES

ABATEMENT

PER STIRPES

GRANTOR

PROVING A WILL

ADMINISTRATRIX

BYPASS TRUST

TRUST DEED

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