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Jeremiah Wood

Farms, Estate Administration, Divorce, Child Support
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Christopher John Dodd

International, Gift Taxation
Status:  Deceased           Licensed:  23 Years

Christopher John Dodd

International, Gift Taxation
Status:  Deceased           Licensed:  23 Years

Christopher John Dodd

International, Gift Taxation
Status:  Deceased           Licensed:  23 Years

Robert Kelly

Real Estate, Wills & Probate, Criminal, Mesothelioma
Status:  In Good Standing           

Thomas Edward Sise

Real Estate, Estate
Status:  In Good Standing           Licensed:  43 Years

Bethany Barbra Schumann-Mcghee

Real Estate, Estate, Divorce & Family Law, Business
Status:  In Good Standing           Licensed:  19 Years

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Divorce & Family Law, Residential Real Estate, Wills & Probate, Power of Attorney, Motor Vehicle
Status:  In Good Standing           Licensed:  28 Years

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Alison Carol Thomas

Real Estate, Estate, Divorce & Family Law, Criminal
Status:  In Good Standing           Licensed:  26 Years

Michael Mario Albanese

Real Estate, Estate, Divorce & Family Law, Criminal
Status:  In Good Standing           Licensed:  38 Years

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LEGAL TERMS

CERTIFICATION OF TRUST

See abstract of trust.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)
Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)
A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

DEVISEE

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

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)
The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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