Buffalo Center Estate Lawyer, Iowa


R. Christine Brown

Living Wills, Trusts, Estate Planning, Elder Law
Status:  Deceased           

Mark A. Newman

Real Estate, Traffic, Estate Planning, Lawsuit & Dispute, Landlord-Tenant
Status:  In Good Standing           Licensed:  31 Years

Jeremy Gray

Estate Planning
Status:  In Good Standing           Licensed:  15 Years

Shaun Aaron Thompson

Lawsuit & Dispute, Industry Specialties, Estate Planning, Civil & Human Rights
Status:  In Good Standing           Licensed:  15 Years

Timothy A Casperson

Real Estate, Social Security, Estate, Criminal
Status:  In Good Standing           Licensed:  29 Years

Timothy Casperson

Real Estate, Government, Estate, Bankruptcy
Status:  In Good Standing           

Brian Douglas Jones

Real Estate, Wills & Probate, Civil & Human Rights, Business, Personal Injury
Status:  In Good Standing           Licensed:  35 Years

David Julian Siegrist

Real Estate, Estate, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  44 Years

Martin W. Peterson

Wills & Probate, Estate Planning, Family Law, Business Organization
Status:  Deceased           Licensed:  57 Years

Todd M. Holmes

Accident & Injury, Divorce & Family Law, Estate
Status:  In Good Standing           Licensed:  28 Years

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

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800-943-8690

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LEGAL TERMS

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)
A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)
A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

CURATOR

See conservator.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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