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E. Timothy McCullough
About | Practice Areas
McCullough Law
4926 Indian Deer Rd Windermere, FL 34786» view map
Estate Law
38 Years of Affordable Legal Service

Affordably protects the legal rights of individuals and families. When justice matters, so does the compassion and experience of your Lawyer.

800-748-9081
1. Tim McCullough Windermere, FL
  Attorney at Law - FL, 2007
  University of Pittsburgh J.D. 1981
2. AboutMcCullough Law
  38 Years of affordable legal service.
3. Practice AreasExpertise
  Estate Law
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Jacqueline Casey Mayer

Trusts, Civil Rights, Contract, Credit & Debt

Status: In Good Standing Licensed: 18 Years

CONTACT

5308 Alafia Falls Dr, Lithia, FL 33547

Robert O'Neal Sammons

Real Estate, Trusts, Corporate, Contract

Status: In Good Standing Licensed: 45 Years

CONTACT

1556 6Th St Se, Winter Haven, FL 33880

James Terrell Joiner

Commercial Real Estate, Trusts, Divorce & Family Law, Consumer Protection, Elder Law

Status: In Good Standing Licensed: 52 Years

CONTACT

Winter Haven, FL 33882

James M. Weaver

Real Estate, Wills & Probate, Trusts, Estate

Status: Retired Licensed: 52 Years

CONTACT

Lake Wales, FL 33859

Justin Joseph Klatsky

Corporate, International Tax, Trusts, Commercial Real Estate

Status: In Good Standing Licensed: 16 Years

CONTACT

3626 Erindale Dr, Valrico, FL 33596

Scott Frederick Barnett

International Tax, Trusts, Estate, Family Law

Status: In Good Standing Licensed: 52 Years

CONTACT

3214 Polo Pl, Plant City, FL 33566

Irene Elizabeth Pearce

Workers' Compensation, Trusts, Wills

Status: In Good Standing Licensed: 22 Years

CONTACT

132 W Central Ave, Lake Wales, FL 33853

Eric Antonio Cruz

Commercial Real Estate, Litigation, Trusts, Corporate

Status: In Good Standing

CONTACT

1060 Bloomingdale Ave, Valrico, FL 33596

John Matthew Hemenway

Commercial Real Estate, Trusts, Estate Planning, Corporate, Contract

Status: In Good Standing

CONTACT

1060 Bloomingdale Ave, Valrico, FL 33596

Mara Shaughnessy

Real Estate, Trusts, Estate Planning, Family Law

Status: In Good Standing Licensed: 19 Years

CONTACT

618 East Bloomingdale Avenue, Brandon, FL 33511

800-923-0641

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LEGAL TERMS

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.

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.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

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.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

MARITAL LIFE ESTATE TRUST

See AB trust.

SAMPLE LEGAL CASES

Doe v. Doe

... [1] The trusts administered by the Trustees include class gifts to the grandchildren of the settlors, Chester P. Doe, Jr. (Chester Jr.) and Eleanor Warren Doe (Eleanor). ... I. THE FACTS. A. The Trusts. On June 28, 1988, Chester Jr. ...

Parker v. Shullman

... Each of these trusts had sub-trusts for her daughter Lauri and granddaughter Cassie. Barbara designated 645 Shullman as the successor trustee of all of the trusts. ... When Barbara died, Shullman became trustee of the trusts. ...

Timmons v. Ingrahm

... In his will, Frank Sr. created two trusts: the Timmons Family Trust ("Family Trust") and the Timmons Marital Trust ("Marital Trust"). [1] The Timmons Family Trust was valued at $650,000. ... Myrtle was the sole income beneficiary of the trusts during her lifetime. ...

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Bradley Trusts Lawyer, Florida, page 2

Sponsored Law Firm

McCullough Law

SPONSORED LAWYERS

Jacqueline Casey Mayer

Robert O'Neal Sammons

James Terrell Joiner

James M. Weaver

Justin Joseph Klatsky

Scott Frederick Barnett

Irene Elizabeth Pearce

Eric Antonio Cruz

John Matthew Hemenway

Mara Shaughnessy

TIPS

LEGAL TERMS

LAPSE

SPECIFIC BEQUEST

GENERATION-SKIPPING TRANSFER TAX

FUNDING A TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

GENERATION-SKIPPING TRUST

PRETERMITTED HEIR

GRANT DEED

MARITAL LIFE ESTATE TRUST

SAMPLE LEGAL CASES

Doe v. Doe

Parker v. Shullman

Timmons v. Ingrahm

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