Hobart Estate Planning Lawyer, Washington, page 3

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David Lyons
About | Practice Areas
Lyons | Sullivan
10655 NE 4th Street, Suite 704 Bellevue, WA 98004» view map
Estate
Serving The Best Interests Of Our Clients

Our estate planning services enable clients to take control and achieve their goals regarding the disposition of their property.

800-731-8671
1. David Lyons Bellevue, WA
  Attorney at Law - WA, 1980
  Gonzaga University SOL, J.D., 1979
2. AboutLyons | Sullivan
  Over 20 years of experience.
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

Thomas Alan Watson

General Practice

Status: In Good Standing Licensed: 20 Years

CONTACT

Bellevue, WA 98015

Thomas Alan Watson

International Tax, Electronic Commerce, Estate Planning, Elder Law

Status: In Good Standing Licensed: 20 Years

CONTACT

Bellevue, WA 98015

Michael Lloyd Lankford

International Tax, Estate Planning, Business & Trade

Status: In Good Standing Licensed: 14 Years

CONTACT

6924 Autumn Ave Se, Snoqualmie, WA 98065

George Thomas Masters

Family Law, Estate Planning, Estate, Wills

Status: Inactive Licensed: 46 Years

CONTACT

6716 Elderberry Ave Se, Snoqualmie, WA 98065

Emmanuel Yvan Augustin

Estate Planning, Civil Rights, Contract, Personal Injury

Status: In Good Standing Licensed: 12 Years

CONTACT

24319 Se 256Th St, Maple Valley, WA 98038

Steven Edward La Montagne

General Practice

Status: In Good Standing

CONTACT

24629 232Nd Pl Se, Maple Valley, WA 98038

Thomas Charles Wells

Criminal, Estate Planning, Electronic Commerce, Commercial Real Estate

Status: In Good Standing Licensed: 11 Years

CONTACT

22443 Se 240Th St, Maple Valley, WA 98038

Grifan Cayce-Heathers

Corporate, Employment Discrimination, Estate Planning, Commercial Real Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

22443 Se 240Th St, Maple Valley, WA 98038

Daniel James Neilsen

Oil & Gas, Estate Planning, Contract, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

23745 225Th Way Se, Maple Valley, WA 98038

Daniel James Neilsen

Oil & Gas, Estate Planning, Contract, Collection

Status: In Good Standing Licensed: 29 Years

CONTACT

23745 225Th Way Se, Maple Valley, WA 98038

800-923-0641

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LEGAL TERMS

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

CERTIFICATION OF TRUST

See abstract of trust.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

SAMPLE LEGAL CASES

IN RE ESTATE OF PALMER

... According to Fivecoat, the Palmers wanted to make a charitable contribution to World Gospel Mission after hearing his presentation on estate planning and charitable giving at an annual World Gospel Mission missionary conference. ...

IN RE DISCIPLINARY PROC. AGAINST BOTIMER

... The complaint alleged three counts of violating the RPCs stemming from Botimer's representation of Ruth in her tax, business, and estate planning matters. ... Botimer also assisted Ruth on estate planning matters, while advising Jan as a potential beneficiary of Ruth's estate. ...

State v. Thompson

... She said they needed the gifting power provided by the second power of attorney in order to do "estate planning" for Crawford. She said they spent Crawford's money on their charter business because it was a safer investment than the stock market. ...

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Hobart Estate Planning Lawyer, Washington, page 3

Sponsored Law Firm

Lyons | Sullivan

SPONSORED LAWYERS

Thomas Alan Watson

Thomas Alan Watson

Michael Lloyd Lankford

George Thomas Masters

Emmanuel Yvan Augustin

Steven Edward La Montagne

Thomas Charles Wells

Grifan Cayce-Heathers

Daniel James Neilsen

Daniel James Neilsen

TIPS

LEGAL TERMS

FAILURE OF ISSUE

RESIDUARY BENEFICIARY

INVENTORY

POWER OF APPOINTMENT

ENDOWMENT INSURANCE

REMAINDERMAN

CERTIFICATION OF TRUST

GENERATION-SKIPPING TRANSFER TAX

BEQUEATH

SAMPLE LEGAL CASES

IN RE ESTATE OF PALMER

IN RE DISCIPLINARY PROC. AGAINST BOTIMER

State v. Thompson

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