Franklin Trusts Lawyer, Ohio

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Steven Runge
About | Practice Areas
Runge Law Office
401 S Main Street Franklin, OH 45005» view map
Estate Law
Professional & Skillful Representation

We strive to educate our clients and inform them of their options so we can get the results they want. For a family law attorney in Franklin, OH, call the office today.

800-977-3451
1. Steven Runge Franklin, OH
  Attorney at Law - OH, 1975
  Pettit College of Law J.D. 1975
2. AboutRunge Law Office
  When you need an attorney in Franklin, OH, rely on Steven M. Runge.
3. Practice AreasExpertise
  Estate Law
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Gary Gunnoe

Trusts, Family Law, Juvenile Law, Litigation

Status: Licensed: 52 Years

CONTACT

2121 Miamisburg-Centerville Rd, Bellbrook, OH 45459

Michael Jonathan Menninger

Wills, Trusts, Estate Planning, Elder Law

Status: Licensed: 19 Years

CONTACT

1800 Lyons Road, Bellbrook, OH 45458

Bill Miller

Trusts, Commercial Real Estate, Estate Planning

Status: Licensed: 28 Years

CONTACT

7026 Corporate Way, Bellbrook, OH 45459

Bob Leland

Personal Injury, Corporate, Trusts, Workers' Compensation

Status: Licensed: 61 Years

CONTACT

1210 Brittany Hills Dr, Bellbrook, OH 45459

Stacey Tipler

Administrative Law, Trusts, Education, Employee Rights

Status: Licensed: 13 Years

CONTACT

6494 Centerville Business Parkway, Bellbrook, OH 45459

Mike Millonig

Administrative Law, Trusts, Elder Law, Corporate

Status: Licensed: 44 Years

CONTACT

7929 Washington Woods Dr, Bellbrook, OH 45459

Kim Estess

Dispute Resolution, Trusts, Estate Planning, Contract

Status: Licensed: 13 Years

CONTACT

8039 Washington Village Dr, Bellbrook, OH 45458

Brian Patrick Sullivan

Patent, Intellectual Property, Corporate, Trusts

Status: Licensed: 15 Years

CONTACT

90 Rhoads Center Dr, Bellbrook, OH 45458

Kimberly Cullman Estess

Dispute Resolution, Trusts, Estate Planning, Estate

Status: Licensed: 13 Years

CONTACT

8039 Washington Village Dr, Bellbrook, OH 45458

Joe Mulligan

Litigation, Trusts, Employee Rights, Personal Injury

Status: Licensed: 14 Years

CONTACT

1733 S Breiel Blvd, Franklin, OH 45044

800-814-6700

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LEGAL TERMS

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.

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.

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.'

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).

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

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.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

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.

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.

SAMPLE LEGAL CASES

Pack v. Osborn

... Alternatively, the trustee requested that the trust be reformed to meet the current statutory and regulatory standards for trusts that are noncountable resources. [1]. ... Restatement of the Law 2d, Trusts (1959), Section 2, comment f. ...

Bank One Trust Co., NA v. Scherer

... Roger died in 1982. Pursuant to the trust agreement, Bank One was to form three trusts: one for Roger's son, Ronald; one for Roger's daughter, Linda Scherer Talbott; and one for Roger's surviving spouse, Betty J. Scherer. The ...

Kormanik v. Cooper

... {Â¶ 2} These appeals involve cases in which Kormanik, acting as appointed guardian for two individuals who were found to be incompetent, filed actions in the probate court seeking to have qualifying pooled special-needs trusts established, pursuant to Section 1396p(d)(4)(C ...

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Franklin Trusts Lawyer, Ohio

Sponsored Law Firm

Runge Law Office

SPONSORED LAWYERS

Gary Gunnoe

Michael Jonathan Menninger

Bill Miller

Bob Leland

Stacey Tipler

Mike Millonig

Kim Estess

Brian Patrick Sullivan

Kimberly Cullman Estess

Joe Mulligan

TIPS

LEGAL TERMS

PER STIRPES

RULE AGAINST PERPETUITIES

LIVING TRUST

GRANTOR RETAINED INCOME TRUST

SURVIVING SPOUSE'S TRUST

PERSONAL PROPERTY

INCOMPETENCE

DISCHARGE (OF PROBATE ADMINISTRATOR)

TRUSTEE

SAMPLE LEGAL CASES

Pack v. Osborn

Bank One Trust Co., NA v. Scherer

Kormanik v. Cooper

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