King County, WA Wills & Probate Lawyers, page 7

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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: Estate Administration, Living Wills, Wills

Lance L Losey

Estate Planning, Estate, Wills

Status: In Good Standing Licensed: 26 Years

CONTACT

1420 5Th Ave, Seattle, WA 98101

Corey Harmon Rogers

Wills, Estate Planning, Estate, Criminal

Status: In Good Standing Licensed: 15 Years

CONTACT

2633 Eastlake Ave E, Seattle, WA 98102

Julie M. Schisel

Wills, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 41 Years

CONTACT

860 Sw 143Rd St, Seahurst, WA 98166

Christopher Michael Small

Wills, Estate Planning, Estate, Guardianships & Conservatorships

Status: In Good Standing Licensed: 35 Years

CONTACT

225 106th Ave NE, Bellevue, WA 98004

Mary Catherine Wolney

Wills, Estate Planning, Estate, Elder Law

Status: In Good Standing Licensed: 47 Years

CONTACT

1833 N 105Th St, Seattle, WA 98133

Katharine A. D. Hanson

Wills, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 25 Years

CONTACT

601 Union St, Seattle, WA 98101

David J. Ordell

Wills, Estate Planning, Estate, Family Law

Status: In Good Standing Licensed: 51 Years

CONTACT

705 2nd Ave, Seattle, WA 98104

Nancy E. Kennedy

Wills, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

1201 3Rd Ave, Seattle, WA 98101

Kenneth L. Taylor

Estate Planning, Estate, Wills

Status: In Good Standing Licensed: 45 Years

CONTACT

701 5th Ave, Seattle, WA 98104

Misty Hayes

Wills, Estate Planning, Estate, Family Law

Status: In Good Standing Licensed: 16 Years

CONTACT

528 3Rd Ave W, Seattle, WA 98119

800-923-0641

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LEGAL TERMS

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

CREDIT SHELTER TRUST

See AB trust.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

SAMPLE LEGAL CASES

In re Disciplinary Proceeding Against Stansfield

... 4 According to Stansfield, he was retained solely to probate the estate to facilitate collection of the Farmers insurance money. ... It is uncontested that Stansfield promptly filed the probate in Grant County Superior Court and Urquilla was appointed personal representative. ...

Perrin v. Stensland

... 7 On August 15, 2006, the Van Weerdhuizens' son, Dale, was appointed personal representative of Gordon's estate in a probate opened in Whatcom County. The probate file included Gordon's will, in which Hattie was the first nominee for personal representative. ...

IN RE ESTATE OF PALMER

... [7]. Â¶ 13 Under RCW 11.24.010, an interested party must contest a will within four months following probate. The trial court admitted the Palmers' wills to probate on June 22, 2004. ... If no person shall appear within the time under this section, the probate ... ...

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King County, WA Wills & Probate Lawyers, page 7

Sponsored Law Firm

Lyons | Sullivan

SPONSORED LAWYERS

Lance L Losey

Corey Harmon Rogers

Julie M. Schisel

Christopher Michael Small

Mary Catherine Wolney

Katharine A. D. Hanson

David J. Ordell

Nancy E. Kennedy

Kenneth L. Taylor

Misty Hayes

TIPS

LEGAL TERMS

LETTERS TESTAMENTARY

GENERATION-SKIPPING TRANSFER TAX

GRANTOR RETAINED INCOME TRUST

SUCCESSOR TRUSTEE

ENTITY

POUR-OVER WILL

ESTATE TAXES

CREDIT SHELTER TRUST

GRANT DEED

SAMPLE LEGAL CASES

In re Disciplinary Proceeding Against Stansfield

Perrin v. Stensland

IN RE ESTATE OF PALMER

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