Larkspur Estate Planning Lawyer, Colorado, page 2

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Patricia Stone
About | Practice Areas
Patricia Jo Stone, Attorneys at Law
19751 E Mainstreet Ste. 200 Parker, CO 80138» view map
Estate Law
Over 35 Years Of Experience

For over 35 years, our firm has provided affordable legal services to individual and business clients.

800-708-9521
1. Patricia Stone Parker, CO
  Attorney at Law- CO, 1975
  University of Colorado School of Law, J.D. 1975
2. AboutPatricia Jo Stone, Attorneys at Law
  Over 35 Years Of Experience
3. Practice AreasExpertise
  Estate Law
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2. Email
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4. Blog
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7. Profile

Includes: Gift Taxation

E. Richard Toray

Criminal, Estate Planning, Family Law, Litigation

Status: In Good Standing

FREE CONSULTATION

CONTACT

1775 Sherman Street, Denver, CO 80203

Laura A. Mathews

Estate Planning, Family Law, Elder Law, Bankruptcy

Status: In Good Standing

CONTACT

Laura A. Matthews Law, Denver, CO 80204

Regina M Ries

Bankruptcy, Consumer Bankruptcy, Environmental Law, Estate Planning

Status: In Good Standing

FREE CONSULTATION

CONTACT

1660 Lincoln Street, Denver, CO 80264

Catharine Bull

Criminal, Estate Planning, Family Law, Immigration

Status: In Good Standing

CONTACT

853 Inca St., Denver, CO 80204

Nathan T. Mattison

Estate Planning, Products Liability, Discrimination, Wrongful Death

Status: In Good Standing

FREE CONSULTATION

CONTACT

390 Union Boulevard, Denver, CO 80228

Kristin S. Otero

Banking & Finance, Estate Planning, Wills & Probate, Real Estate

Status: In Good Standing

CONTACT

1625 Broadway, Denver, CO 80202

Howard Flicker

Corporate, Family Law, Immigration, Social Security -- Disability, Estate Planning

Status: Inactive

FREE CONSULTATION

CONTACT

940 Wadsworth Boulevard, Denver, CO 80214

Michelle Glover

Power of Attorney, Estate Planning, Guardianships & Conservatorships, Trusts

Status: In Good Standing Licensed: 20 Years

CONTACT

545 3Rd Street, Monument, CO 80132

Diana H. Hale

Estate Administration, Estate Planning, Elder Law, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

1755 Telstar Drive, Colorado Springs, CO 80920

Diana Hope Hale

Estate Administration, Estate Planning, Elder Law, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

1755 Telstar Drive, Colorado Springs, CO 80920

800-923-0641

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LEGAL TERMS

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

TRUSTEE POWERS

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

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

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.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

SAMPLE LEGAL CASES

People v. Mason

... sanction. â€¢ In October 2001, Respondent was suspended for one year and one day for violating Colo. RPC 1.1, 1.5(a), and 5.3(b) after he conducted an estate-planning seminar for the purpose of avoiding "rest" homecare costs. 148 ...

People v. Foster

... We consider in aggravation that Respondent has been licensed for over twenty years in Colorado. We note, however, that Respondent's background and experience is in estate planning and tax law, not domestic relations law. Absence of a Prior Disciplinary Record â€” 9.32(b): ...

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Larkspur Estate Planning Lawyer, Colorado, page 2

Sponsored Law Firm

Patricia Jo Stone, Attorneys at Law

SPONSORED LAWYERS

E. Richard Toray

Laura A. Mathews

Regina M Ries

Catharine Bull

Nathan T. Mattison

Kristin S. Otero

Howard Flicker

Michelle Glover

Diana H. Hale

Diana Hope Hale

TIPS

LEGAL TERMS

SUMMARY PROBATE

ABATEMENT

PREDECEASED SPOUSE

TRUSTEE POWERS

SPENDTHRIFT TRUST

MINERAL RIGHTS

ESTATE TAXES

SPECIFIC BEQUEST

CONTINGENT BENEFICIARY

SAMPLE LEGAL CASES

People v. Mason

People v. Foster

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