Adamsville Estate Planning Lawyer, Alabama

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Includes: Gift Taxation

Ferris S. Ritchey Lawyer

Ferris S. Ritchey

VERIFIED
Estate, Estate Planning, Wills & Probate, Mediation, Elder Law

Ferris Ritchey has over 35 years of experience in a wide range of legal matters with an emphasis on Domestic Relations, Mediation, Collaborative, Prob... (more)

Lorrie Maples Parker

Commercial Real Estate, Estate Planning, Contract, Business Organization
Status:  In Good Standing           

V. Michelle Obradovic

Corporate, Business Organization, Elder Law, Estate Planning
Status:  In Good Standing           

Shay N. Click

Collection, Estate Planning, Family Law, Municipal
Status:  In Good Standing           

Anne Lamkin Durward

Farms, Estate Planning, Divorce, Adoption
Status:  In Good Standing           Licensed:  29 Years

Brett Harrison Hollett

Landlord-Tenant, Litigation, Estate Planning, DUI-DWI, Criminal
Status:  In Good Standing           Licensed:  17 Years

Tiara Shay Young Hudson

Estate Planning, Family Law, Criminal, Personal Injury
Status:  In Good Standing           Licensed:  18 Years

Cheryl Dickey Chapman

Social Security -- Disability, Estate Planning
Status:  In Good Standing           Licensed:  40 Years

John N. Hester

Estate Administration, Estate Planning, DUI-DWI, Criminal
Status:  In Good Standing           Licensed:  39 Years

William Lyle Hinds

Industry Specialties, Estate Planning, Estate, Business & Trade
Status:  In Good Standing           Licensed:  59 Years

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

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Call me for fastest results!
800-943-8690

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By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Messages from all messaging and voice technologies including Email, Text, Phone, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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Easily find Adamsville Estate Planning Lawyers and Adamsville Estate Planning Law Firms. For more attorneys, search all Estate areas including Trusts, Wills & Probate and Power of Attorney attorneys.

LEGAL TERMS

DEVISEE

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

CURATOR

See conservator.

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An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will.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.

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.

DEED OF TRUST

See trust deed.

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

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.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)
Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

SAMPLE LEGAL CASES

Maloof v. John Hancock Life Ins. Co.

... "The reason that these policies were even being discussed was because we were talking about estate planning and we got into a discussion of — of estate taxes and things like that. ... The whole purpose of the policies was to take care of estate planning. ...

ROTHFEDER v. KAUFMAN GILPIN McKENZIE THOMAS

... In February 2003, Rothfeder met with Derek Warren, an accountant practicing in Geneva, Alabama, to discuss the referral of one of Warren's clients, Ruth K. Baucom, to the firm for assistance with tax and estate-planning matters. ...

DeFriece v. McCorquodale

... Seeking to minimize that tax burden, the family consulted an estate-planning attorney who recommended, first, that DeFriece, Durst, Ernest Jr., their 467 respective children, and Nell disclaim their rights to receive real property under Ernest Sr.'s will, and, second, that DeFriece ...