Mobile Estate Lawyer, Alabama, page 5

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David E. Hodges
About | Practice Areas
David E. Hodges, P.C.
902 Wildwood Avenue Mobile, AL 36609» view map
Estate Law
Personalized Legal Guidance

Tired of law offices that connect you with a different person every time you call? Choose David E. Hodges as your local attorney.

800-716-9530
1. David E. Hodges Mobile, AL
  Attorney at Law - AL, 1987
  Duke University J.D. 1987
2. AboutDavid E. Hodges, P.C.
  You Can't Predict the Future, But You Can Plan for It
3. Practice AreasExpertise
  Estate Law
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John Allen Greene

Estate Planning, Wills

Status: In Good Standing Licensed: 47 Years

CONTACT

711 Dauphin St, Mobile, AL 36602

Steven Andre Murray

Estate, Collection

Status: In Good Standing Licensed: 27 Years

CONTACT

706 Government St, Mobile, AL 36602

Vivian Gaines Johnston

Trusts

Status: In Good Standing Licensed: 15 Years

CONTACT

3378 Moffett Rd, Mobile, AL 36607

Thomas Matthew Loper

Landlord-Tenant, Social Security, Estate, Employment

Status: In Good Standing Licensed: 19 Years

CONTACT

210 S Washington Ave, Mobile, AL 36602

Charles Bennett Long

Wills & Probate, Criminal, Defamation & Slander

Status: In Good Standing Licensed: 19 Years

CONTACT

3600 Springhill Memorial Dr N, Mobile, AL 36608

John Daniel Hawke

Criminal, Divorce & Family Law, Accident & Injury, Real Estate, Estate

Status: In Good Standing Licensed: 14 Years

CONTACT

155 S Warren St, Mobile, AL 36602

Robert Sherard Edington

Real Estate, Government, Estate, Business

Status: Inactive Licensed: 69 Years

CONTACT

551 Church St, Mobile, AL 36602

Michael Rene Kaoui

Estate, Criminal, Civil & Human Rights, Business

Status: In Good Standing Licensed: 29 Years

CONTACT

160 S Cedar St, Mobile, AL 36602

Charles Joseph Barber

Motor Vehicle, Estate, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 8 Years

CONTACT

160 S Cedar St, Mobile, AL 36602

Irvin Grodsky

Wills & Probate, Civil Rights, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

454 Dauphin Street, Mobile, AL 36652

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.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

SUCCESSOR TRUSTEE

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

DEVISEE

A person or entity who inherits real estate under the terms of a will.

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.

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.

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.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

Mobile Estate Lawyer, Alabama, page 5

Sponsored Law Firm

David E. Hodges, P.C.

SPONSORED LAWYERS

John Allen Greene

Steven Andre Murray

Vivian Gaines Johnston

Thomas Matthew Loper

Charles Bennett Long

John Daniel Hawke

Robert Sherard Edington

Michael Rene Kaoui

Charles Joseph Barber

Irvin Grodsky

TIPS

LEGAL TERMS

SUMMARY PROBATE

AB TRUST

SUCCESSOR TRUSTEE

DEVISEE

TRUST DEED

MINERAL RIGHTS

RULE AGAINST PERPETUITIES

PETITION

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