Iron Springs Estate Planning Lawyer, Arizona

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Includes: Gift Taxation

Mark W. Drutz

Estate Planning, Family Law, Criminal, Divorce & Family Law
Status:  Inactive *Status is reviewed annually. For latest information visit here           

James B Musgrove

Estate Planning, Family Law, Contract, Business Organization
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

John C Stallings

Wills & Probate, Trusts, Estate Planning, Estate, Wills
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Barry B Cline

Trusts, Wills & Probate, Estate Planning, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Robert W. Boland

International Tax, Estate Planning, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Andre E Carman

Gift Taxation, Criminal, Business, Bankruptcy & Debt, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  22 Years

Chester B McLaughlin

Landlord-Tenant, Estate Planning, Criminal, Elder Law, Banking & Finance
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  42 Years

Liisa M Raikkonen

International, Gift Taxation, Tax, Tax, International Other
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  32 Years

Angela K. Walker

Wills, Trusts, Estate Planning, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Thomas P Kack

Leisure, Estate Planning, Corporate, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  43 Years

Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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Easily find Iron Springs Estate Planning Lawyers and Iron Springs Estate Planning Law Firms. For more attorneys, search all Estate areas including Trusts, Wills & Probate and Power of Attorney attorneys.

LEGAL TERMS

FAMILY POT TRUST

See pot trust.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)
To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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 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.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)
The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

NET ESTATE

The value of all property owned at death less liabilities or debts.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)
An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

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.'

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)
A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

SAMPLE LEGAL CASES

IN RE THE MARRIAGE OF RYE

... testified convincingly and presented persuasive evidence that there was no intent to transfer any ownership interest in the house to Wife." The trial court explained that "[i]n making this decision, the court relies on the fact that the purpose behind the Trust was estate planning . . . ...

COCHENNOUR v. DELOUGHERY

... For the following reasons, we affirm. FACTS AND PROCEDURAL HISTORY. ¶2 In 2007, Cochennour hired Deloughery to prepare an amendment to his mother's trust and other estate-planning documents. After her death, a petition was filed to invalidate these documents. ...

Doherty v. NOTHWEHR

... Responding to Petitioner's contention that she spoke many times to McCabe lawyers about marital finance matters, a McCabe lawyer testified that Mr. Doherty asked him to work with Petitioner in support of Mr. Doherty's estate planning, meaning that the law firm would deliver ...

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