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Cokato Estate Lawyer, Minnesota

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Cynthia Spence

Litigation, Wills & Probate, Guardianships & Conservatorships, Divorce & Family Law
Status:  In Good Standing           Licensed:  28 Years
CONTACT
105 2Nd St S, Buffalo, MN 55313
Profile LAWPOINTS™32/100
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Theodore Todd Schroeppel

Estate, Real Estate, Business
Status:  In Good Standing           Licensed:  28 Years
CONTACT
104 Division Street East Buffalo, Buffalo, MN 55313
Profile LAWPOINTS™32/100
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Douglas A Schroeppel

Estate, Elder Law, Real Estate, Power of Attorney
Status:  In Good Standing           Licensed:  57 Years
CONTACT
104 Division Street, Buffalo, MN 55313
Profile LAWPOINTS™32/100
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Lawyer.com can help you easily and quickly find Cokato Estate Lawyers and Cokato 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

SURROGATE COURT

See probate court.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)
A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)
Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

SUCCESSOR TRUSTEE

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

HEIR APPARENT

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

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)
Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)
The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

MARITAL LIFE ESTATE TRUST

See AB trust.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)
An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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