Dreieich Wills & Probate Lawyer, Germany
Includes: Estate Administration, Living Wills, Wills
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Morgan Noah Hangartner
Banking & Finance, Tax, Non-profit
Status: In Good Standing Licensed: 19 Years
185, Friedrich-Ebert-Anlage 35-37, Frankfurt, 60327
Profile LAWPOINTS™26/100
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Thurn-und-Taxis-Platz 6, Frankfurt, 60313
Profile LAWPOINTS™19/100
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Mittermaierstrasse 31, Heidelberg, Baden-Wurttemberg 69115
Profile LAWPOINTS™14/100
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Berliner Strasse 109, Heidelberg, Baden-Wurttemberg 69121
Profile LAWPOINTS™7/100
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Im Neuenheimer Feld 535, Heidelberg, Baden-Wurttemberg 69120
Profile LAWPOINTS™14/100
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Im Neuenheimer Feld 535, Heidelberg, Baden-Wurttemberg 69120
Profile LAWPOINTS™9/100
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Im Neuenheimer Feld 535, Heidelberg, Baden-Wurttemberg 69120
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Friedrich-Ebert-Platz 2, Heidelberg, Baden-Wurttemberg 69117
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Friedrich-Ebert-Platz 2, Heidelberg, Baden-Wurttemberg 69117
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Unterer Fauler Pelz 1A, Heidelberg, Baden-Wurttemberg 69117
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LEGAL TERMS
INHERITANCE TAXES
Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)
Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.
MARITAL LIFE ESTATE TRUST
See AB trust.
REAL ESTATE AGENT
A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)
A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.
LIFE INSURANCE
A contract in which an insurance company agrees to pay money to a designated beneficiary upon the death of the policy holder. In exchange, the policyholder pays... (more...)
A contract in which an insurance company agrees to pay money to a designated beneficiary upon the death of the policy holder. In exchange, the policyholder pays a regularly scheduled fee, known as the insurance premiums. The purpose of life insurance is to provide financial support to those who survive the policyholder, such as family members or business partners. When the policyholder dies, the insurance proceeds pass to the beneficiaries free of probate, though they are counted for federal estate tax purposes. group life insurance Life insurance available through an employer or association that covers participating employees and members under one master insurance policy. Most group life insurance policies are term insurance policies, that terminate when the member or employee reaches a certain age or leaves the organization and do not accumulate any cash surrender value. term life insurance No-frills life insurance, with neither cash surrender value nor loan value (an amount that can be used as collateral for a loan). Term life insurance provides a pre-set amount of coverage if the policyholder dies during the period of time specified in the policy. Policyholders usually have the option to renew at the end of the term for the period of years specified in the policy. Unlike whole life insurance, premiums generally increase as the insured person gets older and the risk of death increases.universal life insurance A type of whole life insurance that offers some additional features and advantages. Like whole life insurance, universal life insurance accumulates cash value through investment of the premium payments. The unique feature of universal life insurance is that it has variable premiums, benefits and payment schedules, all of which are tied to market interest rates and the performance of the investment portfolio. Also, universal life plicies normally provide you with more consumer information. For example, you are told how much of your policy payments goes for insurance company overhead expenses, reserves and policy proceed payments, and how much is retained and invested for your savings. This information isn't usually provided with whole life policies.variable life insurance A type of whole life insurance in which the amount of death benefits varies, depending on the performance of investments. The insurance company places some or all of the fixed premium payments into an investment account; some companies let the insured person decide how the money is invested. The policyholder bears the risk of investment losses, though there is a guaranteed minimum benefit payment. One benefit of variable insurance is that interest and dividend income from the investment account is not taxed until it is paid out to the policyholder.variable universal life insurance A type of whole life insurance that provides greater potential for financial gain--and brings greater risks. Like universal life insurance, variable universal life insurance offers flexible premiums, payment schedules and benefits. But variable universal life policies are riskier because the premiums are invested in stocks, rather than more predictable money market accounts and bonds. Also called universal variable life insurance.whole life insurance Life insurance that provides coverage for the entire life of the policyholder, who pays the same fixed premium throughout his or her life. The policy builds up cash reserves that may be paid out to the policyholder when he or she surrenders or partially surrenders the policy or uses the cash reserves to fund low-interest loans. The annual increase in the cash value of the policy is not taxed. If the policyholder surrenders the policy, a portion of the payment is not taxable. Also called straight life insurance or ordinary life insurance.
PETITION
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.
QTIP TRUST
A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)
A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.
INHERIT
To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)
To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.
TAKING AGAINST THE WILL
A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)
A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.
HEIR APPARENT
One who expects to be receive property from the estate of a family member, as long as she outlives that person.
SAMPLE LEGAL CASES
Reis v. Hazelett Strip-Casting Corp.
... The will was probated before the Probate Court in and for Chittendon County, Vermont (the
"Probate Court"). B. Bill And David Respond To The Bequests. ... At a probate hearing in February
2005, two such individuals asserted that they were entitled to shares under the will. ...
Eaton v. Larrimore
... The couple, however, never remarried. After Mr. Larrimore's death, Mrs. Larrimore attempted
to admit the 1999 document to probate. ... The Kent County Register of Wills determined that
the 1999 document was not a will, and therefore declined probate. ...
Sloan v. Segal
... In March 2003, Louis obtained a limited voluntary guardianship from a Florida probate
court over Patricia's property to press the claims regarding the assets of the Martin
Sloan Trust on Patricia's behalf. Louis failed to disclose ...
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