Jackson Estate Lawyer, Mississippi

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Owen P. Lalor Lawyer

Owen P. Lalor

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Divorce & Family Law, Accident & Injury, Business, Estate, Workers' Compensation

Owen P. Lalor received his Bachelor of Arts degree with a major in Economics from St. Louis University, received his Juris Doctor from Vanderbilt Univ... (more)

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William James Dukes Lawyer

William James Dukes

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Business, Estate, Intellectual Property, Power of Attorney, Tax

A Mississippi native, William J. Dukes pursued graduate studies in physics before law school. Mr. Dukes focuses his practice on the needs of small bus... (more)

Jeffrey Braden Arnold Lawyer

Jeffrey Braden Arnold

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Estate, Business, Tax, Personal Injury, Workers' Compensation

Arnold and Associates, LLC is a Mississippi Law Firm. We are focused on providing you with high quality legal services and being dedicated to your ne... (more)

Jon H. Powell

Divorce & Family Law, Wills & Probate, Estate, Real Estate
Status:  In Good Standing           
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Sean A Milner

Land Use & Zoning, Housing & Construction Defects, Wills, Divorce
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David R. Lynch

Income Tax, Tax, Wills & Probate, Estate
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Mark A. Chinn

Wills, Collaborative Law, Family Law, Personal Injury
Status:  In Good Standing           Licensed:  43 Years

James Gary Mcgee

International, Gift Taxation, Business & Trade, Business
Status:  In Good Standing           Licensed:  15 Years

James Gary Mcgee

International, Gift Taxation, Business & Trade, Business
Status:  In Good Standing           Licensed:  15 Years

Ken Harmon

Oil & Gas, Estate Planning, Real Estate, Trusts
Status:  In Good Standing           

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Lawyer.com can help you easily and quickly find Jackson Estate Lawyers and Jackson Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)
Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)
An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)
A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)
A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)
A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)
The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

FUNDING A TRUST

Transferring ownership of property to a trust.