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Stanley Ausemus
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Stanley R. Ausemus, Chartered
413 Commercial P.O. Box 1083 Emporia, KS 66801» view map
Estate
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The locally owned Stanley R. Ausemus, Chartered has a mission to provide quality legal support and counsel to its clients.

800-709-0390
1. Stanley Ausemus Emporia, KS
  Attorney at Law- KS, 1963
  University of Kansas School of Law, J.D.
2. AboutStanley R. Ausemus, Chartered
  Quality Legal Support and Counsel
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Van Zane Hampton

General Practice

Status: In Good Standing Licensed: 37 Years

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602 N Second Ave, Dodge City, KS 67801

Donald A. Frigon

Lawsuit & Dispute, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: Deceased Licensed: 46 Years

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602 Second Ave, Dodge City, KS 67801

Jesse Brandon Garcia

Civil & Human Rights

Status: In Good Standing Licensed: 25 Years

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1401 Central Ave, Dodge City, KS 67801

Peter Joseph Antosh

General Practice

Status: In Good Standing Licensed: 21 Years

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1401 Central Ave, Dodge City, KS 67801

Judith Eileen Prince Cagle

Health Care

Status: In Good Standing Licensed: 33 Years

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2309 Kerri Dr, Dodge City, KS 67801

Tamara Lee Davis

Estate Planning, Corporate

Status: Inactive Licensed: 35 Years

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100 Military Plaza, Dodge City, KS 67801

David D. Belling

Government, Civil & Human Rights

Status: In Good Standing Licensed: 44 Years

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Dodge City, KS 67801

Gary Luke Foiles

General Practice

Status: In Good Standing Licensed: 30 Years

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100 Gunsmoke St, Fl 2, Dodge City, KS 67801

Seth Meyer

General Practice

Status: In Good Standing

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100 Military Ave., Dodge City, KS 67801

Barbara Lundin

General Practice

Status: Suspended Licensed: 42 Years

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209 Spruce, Dodge City, KS 67801

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.'

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.

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.

CERTIFICATION OF TRUST

See abstract of trust.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

SAMPLE LEGAL CASES

IN RE TRUST D UNDER LAST WILL OF DARBY

... 3017. FACTUAL OVERVIEW. On July 15, 1986, Darby executed his last will and testament, which established several trusts for the benefit of his daughters and sister. ... beneficiaries. See Restatement Third, Trusts Â§ 66, comment b, p. 494. ...

In re Wonder

... good friend. In pertinent part, the will provided: "I appoint Robert E. Wonder, my attorney, of Leawood, Kansas and my brother, Patrick Michael Dowling of Olathe, Kansas as Co-Trustees of the trusts herein created. If either or ...

EGGESON v. DeLUCA

... After Barbara signed a durable power of attorney in 1997 allowing John to create a revocable trust with dispositive provisions "substantially similar" to her 1987 will, John created revocable trusts for both him and Barbara that contained virtually the same asset distribution plan to ...

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Fort Dodge Trusts Lawyer, Kansas, page 4

Sponsored Law Firm

Stanley R. Ausemus, Chartered

SPONSORED LAWYERS

Van Zane Hampton

Donald A. Frigon

Jesse Brandon Garcia

Peter Joseph Antosh

Judith Eileen Prince Cagle

Tamara Lee Davis

David D. Belling

Gary Luke Foiles

Seth Meyer

Barbara Lundin

TIPS

LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

LIVING TRUST

AB TRUST

TRUST DEED

CERTIFICATION OF TRUST

SPECIAL ADMINISTRATOR

MARITAL LIFE ESTATE TRUST

GENERATION-SKIPPING TRUST

EXECUTOR

SAMPLE LEGAL CASES

IN RE TRUST D UNDER LAST WILL OF DARBY

In re Wonder

EGGESON v. DeLUCA

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