Bomoseen Estate Lawyer, Vermont


Andrew J. Snow

Commercial Real Estate, Estate, Civil Rights, Business
Status:  In Good Standing           

E Patrick Burke

Estate
Status:  In Good Standing           

Jeffrey P Guevin

Real Estate, Government, Estate, Civil & Human Rights
Status:  In Good Standing           

John A. Facey

Accident & Injury, Real Estate, Estate, Bankruptcy & Debt, Real Estate Other
Status:  In Good Standing           
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John Joseph Welch

Power of Attorney, Wills, Workers' Compensation, Divorce, Personal Injury
Status:  In Good Standing           

John J. Welch

Personal Injury, Workers' Compensation, Wills, Power of Attorney, Lawsuit
Status:  In Good Standing           Licensed:  41 Years

John J. Welch

Personal Injury, Workers' Compensation, Wills, Power of Attorney
Status:  In Good Standing           Licensed:  40 Years

John C Newman

Tax, Traffic, International, Immigration, Estate
Status:  In Good Standing           

Joseph R. O'Rourke

Business & Trade, Insurance, Workers' Compensation, Estate Planning
Status:  In Good Standing           

Kylie J. Peterson

Estate, Real Estate, Trusts, Family Law, Real Estate Other
Status:  In Good Standing           

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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

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

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

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Lawyer.com can help you easily and quickly find Bomoseen Estate Lawyers and Bomoseen Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

FUNDING A TRUST

Transferring ownership of property to a trust.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)
Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)
A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

INTER VIVOS TRUST

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

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)
Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.