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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.
deed of trust
See trust deed.
A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.
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 (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.
dower and curtesy
A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') (more...)
A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.
A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require (more...)
A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.
A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.
A person or entity who inherits real estate under the terms of a will.
... The probate court has discretion, circumscribed by the statutory scheme, to order a "substituted
judgment" that authorizes a conservator on behalf of a conservatee to take necessary or desirable
action to facilitate estate planning, when a reasonably prudent person in the ...
... her lawyer at the time, Dennis Burns. Mr. Burns represented her for 15 years for estate
planning purposes and a bankruptcy of one of Young's businesses, Green Thumb
Nursery. In the 1991 estate plan, Charles was expressly ...
... 2. The Law Regarding Liability for Negligence in Estate Planning to Intended or Potential
Beneficiaries. ... Nevertheless, the attorney prepared new estate planning documents that
fundamentally changed the plan and made a substantial gift to Michael. ...