Grapevine Wills & Probate Lawyer, Texas, page 4

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Law Office of Bryan Fagan
3707 Cypress Creek Pkwy Suite 400 Houston, TX 77068Â» view map
Divorce, Family Law, Child Custody
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1. Bryan Fagan Houston, TX
  Attorney at Law - TX, 2012
  South Texas College of Law, J.D. - 2011
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  About the Law Office of Bryan Fagan
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Includes: Estate Administration, Living Wills, Wills

Boyd Kimbell Herndon

Consumer Bankruptcy, Administrative Law, Wills, Insurance

Status: Licensed: 50 Years

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827 Yellowstone Dr, Grapevine, TX 76051

Deborah Lynn Nicolls Smith

Credit & Debt, Business, Criminal, Family Law, Wills

Status: Licensed: 20 Years

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2838 Market Loop, Southlake, TX 76092

Lisa Ann Mcbee

Contract, Family Law, Wills, Immigration, Business & Trade

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540 Silicon Dr, Southlake, TX 76092

Marilyn Victoria Jones

Credit & Debt, Gay & Lesbian Rights, Divorce & Family Law, Wills, International Other

Status: Licensed: 14 Years

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546 Silicon Dr, Southlake, TX 76092

Mary Delyse Vitartas

Bankruptcy, Wills

Status: Licensed: 13 Years

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546 Silicon Dr, Southlake, TX 76092

Clyde V. Crutchmer

Banking & Finance, Business & Trade, Wills & Probate, Corporate, Business & Trade

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2511 Greenbough Lane, Southlake, TX 76092

Katherine Anne-Grawl Kim

Non-profit, Wills, Intellectual Property, Dispute Resolution, Mediation

Status: Licensed: 7 Years

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2451 W Grapevine Mills Cir, Grapevine, TX 76051

Shelia Brook Kibler Bell

Wills

Status: Licensed: 9 Years

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2922 Columbine Dr, Grapevine, TX 76051

Michelle Cochran Clay

Non-profit, Wills & Probate, International Tax, Wills

Status: Licensed: 29 Years

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450 North Kimball Avenue, Southlake, TX 76092

Matthew Blake Schultz

Commercial Real Estate, Real Estate, Wills, Business & Trade

Status: Licensed: 13 Years

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2106 E State Highway 114, Southlake, TX 76092

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LEGAL TERMS

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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.

CURATOR

See conservator.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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.

SAMPLE LEGAL CASES

Frost Nat. Bank v. Fernandez

... The principal issue on appeal is whether the district court had jurisdiction to render summary judgment when similar bill of review proceedings and applications 497 for determination of heirship were pending in the probate court. ... 3. Probate Code. ...

In re Estate of Gaines

... The will also named Green and his wife the guardians of Gaines's children. Davis did not submit an application to probate Gaines's will for over three years after Gaines's death. ... In response, Davis submitted an application to probate Gaines's will on October 13, 2006. ...

In re Estate of Walker

... They appeal from an order of the probate court denying them relief in their complaint regarding an amended inventory filed by the independent executor of the deceased's estate. ... Beasley filed an application to probate the deceased's will on August 18, 2003. ...

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Grapevine Wills & Probate Lawyer, Texas, page 4

Sponsored Law Firm

Law Office of Bryan Fagan

SPONSORED LAWYERS

Boyd Kimbell Herndon

Deborah Lynn Nicolls Smith

Lisa Ann Mcbee

Marilyn Victoria Jones

Mary Delyse Vitartas

Clyde V. Crutchmer

Katherine Anne-Grawl Kim

Shelia Brook Kibler Bell

Michelle Cochran Clay

Matthew Blake Schultz

TIPS

LEGAL TERMS

IN TERROREM

HEIR AT LAW

KINDRED

TRUST CORPUS

GENERATION-SKIPPING TRUST

CURATOR

ADEMPTION

ALTERNATE BENEFICIARY

LAPSE

SAMPLE LEGAL CASES

Frost Nat. Bank v. Fernandez

In re Estate of Gaines

In re Estate of Walker

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