Dane Estate Lawyer, Wisconsin, page 2

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David Saperstein
About | Practice Areas
Hurley Burish, S.C.
33 East Main Street Suite 400 Madison, WI 53703» view map
Estate and Criminal Defense Law
A Law Firm You Can Trust

Dedicated to providing clients with the comprehensive, creative, and thorough work.

608-257-0945
1. David Saperstein Madison, WI
  Attorney at Law- WI
  DePaul University College of Law, J.D. 1995
2. AboutHurley Burish, S.C.
  A Law Firm You Can Trust
3. Practice AreasExpertise
  Estate Law
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Todd M. Pfeil

Landlord-Tenant, Lawsuit & Dispute, Wills & Probate, Employee Rights

Status: In Good Standing

CONTACT

2501 Parmenter St, Middleton, WI 53562

Jay D. Moretti

Wills & Probate, Estate, Divorce, Child Custody

Status: In Good Standing Licensed: 53 Years

CONTACT

2312 Jovina St, Cross Plains, WI 53528

Ruth N. Westmont

Criminal, Divorce & Family Law, Estate, Real Estate, Divorce

Status: In Good Standing Licensed: 43 Years

CONTACT

1837 Aberg Ave, Madison, WI 53704

Regina M. Millner

Real Estate, Government, Estate, Business

Status: In Good Standing Licensed: 40 Years

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25 Fuller Drive, Madison, WI 53704

Colleen J. Martine

Divorce & Family Law, Estate

Status: In Good Standing Licensed: 35 Years

CONTACT

3543 E Washington Ave, Madison, WI 53707

800-923-0641

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LEGAL TERMS

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

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.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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Dane Estate Lawyer, Wisconsin, page 2

Sponsored Law Firm

Hurley Burish, S.C.

SPONSORED LAWYERS

Todd M. Pfeil

Jay D. Moretti

Ruth N. Westmont

Regina M. Millner

Colleen J. Martine

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LEGAL TERMS

PERSONAL PROPERTY

HEIR AT LAW

PER STIRPES

ESTATE TAXES

PROBATE COURT

FAMILY ALLOWANCE

LAPSE

CONTINGENT BENEFICIARY

INVENTORY

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