Edgemont Estate Planning Lawyer, Pennsylvania, page 2

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Richard H. Morton
About | Practice Areas
Ryan, Morton & Imms, LLC
220 West Gay Street West Chester, PA 19380» view map
Estate and Business Law
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We are the lawyers you would like to have on your side in a legal matter. Please contact us should you need legal advice or assistance.

610-430-1425
1. Richard H. Morton West Chester, PA
  Attorney at Law, PA
  Widener University School of Law, J.D. 1984
2. AboutRyan, Morton & Imms, LLC
  The Lawyers on Your Side
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

Nicholas Stathes

Wills, Estate Planning, Estate

Status: In Good Standing Licensed: 12 Years

CONTACT

899 Cassatt Rd, Berwyn, PA 19312

Elaine Yandrisevits

Litigation, Wills, Estate Planning, Defamation & Slander

Status: In Good Standing

CONTACT

x, Berwyn, PA 19312

John T. Curtin

Bankruptcy, Business Organization, Contract, Estate Planning

Status: Suspended Licensed: 74 Years

CONTACT

1231 Lancaster Avenue, Berwyn, PA 19312

Philip G. Curtin

Tax, Real Estate, Estate Planning, Estate, Discrimination

Status: In Good Standing Licensed: 37 Years

CONTACT

1231 Lancaster Ave, Berwyn, PA 19312

Lynne M. Spangler

Estate Planning

Status: In Good Standing

CONTACT

800 Lancaster Avenue, Berwyn, PA 19312

Javier Gonzalez De Mendoza

Commercial Real Estate, Litigation, Gift Taxation, Antitrust

Status: In Good Standing Licensed: 47 Years

CONTACT

500 Berwyn Baptist Road, Devon, PA 19333

Bayard M. Graf

Estate Planning

Status: Deceased Licensed: 71 Years

CONTACT

162 Beaumont Rd, Devon, PA 19333

Javier G. Mendoza

General Practice

Status: Retired Licensed: 47 Years

CONTACT

500 Berwyn Baptist Rd, Devon, PA 19333

Joan K. Agran

International, Estate Planning, Estate

Status: In Good Standing Licensed: 52 Years

CONTACT

426 W Lancaster Ave, Devon, PA 19333

Marissa M Tribuiani

Estate Planning

Status: In Good Standing Licensed: 12 Years

CONTACT

14 Justice Way, Glen Mills, PA 19342

800-923-0641

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LEGAL TERMS

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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).

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.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

SAMPLE LEGAL CASES

In re Estate of Field

... NT, 5/31/07, at 100. At the meeting, Gilbert provided decedent with a red binder containing various completed estate planning documents, including the executed living trust agreement, which Gilbert had retained for notarization after his initial meeting with decedent. Id. ...

IN RE ESTATE OF SLOMSKI

... appellants cite 20 Pa.CSA Â§ 5601.2(e), Equity, which provides: "An agent and the donee of a gift shall be liable as equity and justice may require to the extent that, as determined by the court, a gift made by the agent is inconsistent with prudent estate planning or financial ...

Katz v. KIDDER TOWNSHIP ZONING HEARING BOARD

... However, the trial court agreed that Landowner's argument that denial of the variances will limit his ability to subdivide the property for estate planning purposes or to separately sell one of the parcels is meritless because economic and personal considerations, in and of ...

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Edgemont Estate Planning Lawyer, Pennsylvania, page 2

Sponsored Law Firm

Ryan, Morton & Imms, LLC

SPONSORED LAWYERS

Nicholas Stathes

Elaine Yandrisevits

John T. Curtin

Philip G. Curtin

Lynne M. Spangler

Javier Gonzalez De Mendoza

Bayard M. Graf

Javier G. Mendoza

Joan K. Agran

Marissa M Tribuiani

TIPS

LEGAL TERMS

AB TRUST

HEIR AT LAW

LIVING TRUST

SECONDARY MEANING

CHARITABLE TRUST

TRUSTEE

SUCCESSION

MINERAL RIGHTS

SPENDTHRIFT TRUST

SAMPLE LEGAL CASES

In re Estate of Field

IN RE ESTATE OF SLOMSKI

Katz v. KIDDER TOWNSHIP ZONING HEARING BOARD

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