Berlin Estate Lawyer, Georgia

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Jim T. Bennett Lawyer

Jim T. Bennett

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Accident & Injury, Criminal, Divorce & Family Law, Estate, Real Estate
Making Excellence A Standard For Three Generations

Jim T. Bennett has been a member of the State Bar of Georgia since 1998. Jim graduated in the top ten of his class from the Walter F. George School o... (more)

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CONTACT

229-242-6726

Douglas K. Silvis

Real Estate, Wills, Wills & Probate, Adoption
Status:  In Good Standing           Licensed:  50 Years

Benjamin Lindquist

Real Estate, Wills, Wills & Probate, Personal Injury
Status:  In Good Standing           Licensed:  28 Years

John R. Bennett

Estate, Estate Planning, Elder Law, Non-profit
Status:  In Good Standing           

H. Pearce Scott

Elder Law, Wills & Probate, Trusts, Real Estate
Status:  In Good Standing           

Marnie Hankinson Watson

Income Tax, Estate Planning, Family Law, Elder Law
Status:  In Good Standing           Licensed:  17 Years

Mark Edward Mitchell

Bankruptcy & Debt, Estate
Status:  In Good Standing           Licensed:  33 Years

Leamon Andrew Smith

Real Estate, Estate Planning, Criminal, Business
Status:  In Good Standing           

J. Stephen Gupton

Corporate, Civil Rights, Collection, Estate Planning
Status:  In Good Standing           

Wilton E. Stone

Workers' Compensation, Estate Planning, Business, Wills
Status:  In Good Standing           

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

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LEGAL TERMS

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

NET ESTATE

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

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.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)
A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

FAMILY POT TRUST

See pot trust.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

KINDRED

Under some state's probate codes, all relatives of a deceased person.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)
A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.