Bethel Trusts Lawyer, Minnesota

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Bethany Danner
About | Practice Areas
Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
Estate, Power of Attorney, Trusts
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Whether it’s your home or business, you are important to us. Reach out today to set up a meeting with one of our experienced Edina lawyers.

952-832-2000
1. Bethany Danner Edina, MN
  Attorney at Law- MN, 2015
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Estate
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Becky L. Martin

Wills & Probate, Trusts, Divorce & Family Law, Business

Status: In Good Standing

FREE CONSULTATION

CONTACT

21308 John Milless Drive, Rogers, MN 55374

Cathy Ann Wagner

Wills & Probate, Trusts, Divorce & Family Law, Business

Status: In Good Standing

FREE CONSULTATION

CONTACT

21308 John Milless Drive, Rogers, MN 55374

Cynthia Louise Brown

Family Law, Divorce & Family Law, Criminal, Trusts

Status: In Good Standing Licensed: 26 Years

CONTACT

11125 Zealand Avenue North, Champlin, MN 55316

David Alan Finer

Trusts, Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

9335 White Oaks Trl, Champlin, MN 55316

David Alan Finer

Trusts, Estate

Status: In Good Standing Licensed: 45 Years

CONTACT

9335 White Oaks Trl, Champlin, MN 55316

Jack W. Clinton

Estate Planning, Business, Residential Real Estate, Trusts

Status: In Good Standing

CONTACT

56 Broadway Av E, Circle Pines, MN 55025

Jennifer Dietz

Real Estate, Trusts, Family Law, Criminal

Status: In Good Standing Licensed: 32 Years

CONTACT

9298 Central Ave NE, Blaine, MN 55434

Kristin Scudder Elizondo

Wills, Trusts, Estate Planning

Status: In Good Standing Licensed: 23 Years

CONTACT

11625 Pondview Ct, Champlin, MN 55316

Patrick Joseph Farley

General Practice

Status: In Good Standing Licensed: 17 Years

CONTACT

950 County Hwy 10, Minneapolis, MN 55432

Said Sajad Sajady

Trusts

Status: In Good Standing

CONTACT

10482 Mississippi Blvd, Minneapolis, MN 55433

800-923-0641

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LEGAL TERMS

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

SAMPLE LEGAL CASES

US BANK NA v. Cold Spring Granite Co.

... Thomas Moore, Ann McCabe, and US Bank (Moores) are trustees of eight appellant family trusts (Moore Trusts) that brought suit against respondent Cold Spring Granite Company (CSG) and its chairman and CEO respondent Patrick D. Alexander after CSG stock belonging to ...

IN RE ROSCKES v. County of Carver

... intent to limit Medicaid to the financially needy, many individuals exploited a loophole in the Medicaid statute allowing them to attain Medicaid eligibility while preserving assets for their heirs by transferring their assets to irrevocable Medicaid-qualifying trusts (MQTs). ...

Swenson v. Bender

... Carlson v. SALA Architects, Inc., 732 NW2d 324, 331 (Minn.App.2007), review denied (Minn. Aug. 21, 2007). Fiduciary relationships arise when one person trusts and confides in another who has superior knowledge and authority. Id. at 330. ...

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Bethel Trusts Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Becky L. Martin

Cathy Ann Wagner

Cynthia Louise Brown

David Alan Finer

David Alan Finer

Jack W. Clinton

Jennifer Dietz

Kristin Scudder Elizondo

Patrick Joseph Farley

Said Sajad Sajady

TIPS

LEGAL TERMS

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

QTIP TRUST

SPECIFIC BEQUEST

PREDECEASED SPOUSE

FAMILY ALLOWANCE

TRUST CORPUS

TRUSTEE POWERS

EXEMPTION TRUST

GROSS ESTATE

SAMPLE LEGAL CASES

US BANK NA v. Cold Spring Granite Co.

IN RE ROSCKES v. County of Carver

Swenson v. Bender

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