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Richard Morris
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Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
Accident & Injury Law
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Whether it’s your home or business, you are important to us. Reach out today to set up a meeting with one of our experienced Edina lawyers.

800-872-9610
1. Richard Morris Edina, MN
  Attorney at Law- MN, 1974
  William Mitchell College of Law, J.D.
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Accident & Injury
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Michael H. Kennedy

Wills & Probate, Estate Planning, Family Law, Personal Injury

Status: In Good Standing

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99 Navaho Avenue, Mankato, MN 56002

Troy Gene Timmerman

Real Estate, Government, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 30 Years

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Blue Earth, MN 56013

Christopher John Ubben

Estate Planning, Real Estate

Status: In Good Standing Licensed: 11 Years

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117 W 5th St., Blue Earth, MN 56013

Ryan Andrew Gustafson

Wills & Probate, Family Law, Corporate, Personal Injury

Status: In Good Standing Licensed: 13 Years

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117 W Fifth St, Blue Earth, MN 56013

Fred William Krahmer

Agriculture, Wills & Probate, Corporate, Contract

Status: In Good Standing Licensed: 57 Years

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204 Lake Avenue, Fairmont, MN 56031

Paul Carl Edman

Estate, Real Estate, Wills & Probate

Status: In Good Standing Licensed: 45 Years

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53 Downtown Plaza, Fairmont, MN 56031

Fred C Krahmer

Agriculture, Wills & Probate, Corporate, Contract

Status: In Good Standing Licensed: 57 Years

CONTACT

204 Lake Avenue, Fairmont, MN 56031

Michael Paul Edman

Litigation, Wills & Probate, Family Law, Criminal, Contract

Status: In Good Standing Licensed: 18 Years

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53 Downtown Plaza, Fairmont, MN 56031

Darin G. Haugen

Commercial Real Estate, Estate Planning

Status: In Good Standing Licensed: 26 Years

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121 Linden Drive, Fairmont, MN 56031

James A Wilson

General Practice

Status: In Good Standing

CONTACT

717 S. State Street, Fairmont, MN 56031

800-923-0641

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LEGAL TERMS

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.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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.

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.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

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Huntley Estate Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Michael H. Kennedy

Troy Gene Timmerman

Christopher John Ubben

Ryan Andrew Gustafson

Fred William Krahmer

Paul Carl Edman

Fred C Krahmer

Michael Paul Edman

Darin G. Haugen

James A Wilson

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LEGAL TERMS

ENDOWMENT INSURANCE

SPRINKLING TRUST

PER CAPITA

TRUSTEE POWERS

ADMINISTRATION (OF AN ESTATE)

STATUTORY SHARE

GENERATION-SKIPPING TRANSFER TAX

RESIDUARY BENEFICIARY

HOLOGRAPHIC WILL

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