Matthews Estate Lawyer, Georgia, page 2

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William Faulkner
About | Practice Areas
Faulkner Law Offices, LLC
331 Washington Avenue Marietta, GA 30060» view map
Estate Law
Plan For Your Future In Life And Business

Let Stan Faulkner, lead counsel at Faulkner Law Offices, help with your family's estate plan or business law strategy. He can streamline the entire legal process for you.

800-793-1121
1. https://www.lawyer.com/imgup/m/ecae876fb446db326350115e8070920e.jpg William Faulkner
  Attorney at Law- GA, 2001
  Saint Louis University School of Law, J.D. 2001
2. AboutFaulkner Law
  Plan For Your Future In Life And Business
3. Practice AreasExpertise
  Estate Law
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Vincent M Davison Jr.

Real Estate, Wills & Probate, Trusts, Bankruptcy

Status: Licensed: 49 Years

CONTACT

3744 Walton Way, Augusta, GA 30907

William R. Mccracken

Lawsuit & Dispute, Social Security, Estate, Accident & Injury

Status:

CONTACT

505 Courthouse Lane, Augusta, GA 30901

James C Folk

Real Estate, Wills & Probate, Trusts, Elder Law

Status: Licensed: 51 Years

CONTACT

3714 Executive Center Dr, Augusta, GA 30907

Michael Benner Hagler

Estate Planning, Litigation, Corporate, Freedom of Information

Status: Licensed: 45 Years

CONTACT

One Tenth Street, Augusta, GA 30903

William J Williams

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

Status:

CONTACT

235 Davis Road, Augusta, GA 30907

Howard S Bush

Real Estate, Wills & Probate, Trusts, Credit & Debt

Status: Licensed: 53 Years

CONTACT

462 Telfair St, Augusta, GA 30901

800-814-6700

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LEGAL TERMS

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

TITLE COMPANY

A company that issues title insurance.

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.

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.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

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Matthews Estate Lawyer, Georgia, page 2

Sponsored Law Firm

Faulkner Law Offices, LLC

SPONSORED LAWYERS

Vincent M Davison Jr.

William R. Mccracken

James C Folk

Michael Benner Hagler

William J Williams

Howard S Bush

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LEGAL TERMS

GRANTOR

TITLE COMPANY

GRANT DEED

PROPERTY CONTROL TRUST

TRUST MERGER

GENERATION-SKIPPING TRUST

QDOT TRUST

RESIDUARY ESTATE

ENDOWMENT INSURANCE

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