Birmingham Estate Lawyer, Alabama, page 3

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Ferris Ritchey
About | Practice Areas
Ritchey & Ritchey
1740 Oxmoor Road Birmingham, AL 35209» view map
Estate Planning, Wills & Probate, Elder Law
Small Firm Attention. Large Firm Capability.

Ritchey & Ritchey, one of the oldest law firms in Birmingham as well as Alabama, was founded in 1959 on a simple premise: provide clients with guidance and expertise.

205-271-3100
1. Ferris Ritchey Birmingham, AL
  Attorney at Law- AL, 1984
  University of Alabama School of Law, J.D. 1984
2. AboutRitchey & Ritchey
  Small Firm Attention. Large Firm Capability.
3. Practice AreasExpertise
  Estate
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Stephen W. Shaw

Mass Torts, Estate Planning, Employment Discrimination, Divorce, Criminal

Status: In Good Standing Licensed: 44 Years

CONTACT

800 Shades Creek Parkway, Birmingham, AL 35209

John N. Hester

Estate Administration, Estate Planning, DUI-DWI, Criminal

Status: In Good Standing Licensed: 39 Years

CONTACT

1929 3Rd Avenue N., Birmingham, AL 35203

Preston Hunter Neel

Commercial Real Estate, Wills, Gift Taxation, Credit & Debt

Status: In Good Standing Licensed: 16 Years

CONTACT

2311 Highland Ave S, Birmingham, AL 35205

Marilyn H. Macey

Military & Veterans Appeals, Social Security -- Disability, Social Security, Estate Planning

Status: In Good Standing Licensed: 32 Years

CONTACT

20Th St North, Birmingham, AL 35201

Elizabeth Holland Hutchins

International, Wills, Estate Planning, Estate, Securities

Status: In Good Standing Licensed: 43 Years

CONTACT

Birmingham, AL 35255

Cheryl Dickey Chapman

Social Security -- Disability, Estate Planning

Status: In Good Standing Licensed: 40 Years

CONTACT

513 Arrington Blvd N, Birmingham, AL 35203

D. Mark Price

Divorce & Family Law, Accident & Injury, Criminal, Wills & Probate

Status: In Good Standing Licensed: 29 Years

CONTACT

1314 Alford Ave, Hoover, AL 35226

James Robert Gillis

Juvenile Law, Wills, Family Law, Personal Injury

Status: In Good Standing

CONTACT

2301 Morris Ave, Birmingham, AL 35203

James R. Gillis

Juvenile Law, Wills, Family Law, Personal Injury

Status: In Good Standing

CONTACT

2301 Morris Ave, Birmingham, AL 35203

John E Amari

Litigation, Estate Planning, Family Law, Criminal

Status: In Good Standing Licensed: 50 Years

CONTACT

2017 Morris Ave, Birmingham, AL 35203

800-923-0641

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LEGAL TERMS

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

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.

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.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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Birmingham Estate Lawyer, Alabama, page 3

Sponsored Law Firm

Ritchey & Ritchey

SPONSORED LAWYERS

Stephen W. Shaw

John N. Hester

Preston Hunter Neel

Marilyn H. Macey

Elizabeth Holland Hutchins

Cheryl Dickey Chapman

D. Mark Price

James Robert Gillis

James R. Gillis

John E Amari

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LEGAL TERMS

QDOT TRUST

EXEMPTION TRUST

SPECIFIC BEQUEST

BEQUEATH

HEIR AT LAW

FINAL BENEFICIARY

FUNDING A TRUST

TRUSTEE

ESTATE PLANNING

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