Easily find Myrtle Beach Wills & Probate Lawyers and Myrtle Beach Wills & Probate Law Firms. For more attorneys, search all Estate areas including Estate Planning, Trusts and Wills & Probate attorneys.
A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.
failure of issue
A situation in which a person dies without children who could have inherited her property.
The value of all property owned at death less liabilities or debts.
An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public (more...)
An original work of authorship that is considered published for purposes of copyright law. A work is 'published' when it is first made available to the public on an unrestricted basis. It is thus possible to display a work, or distribute it with restrictions on disclosure of its contents, without actually 'publishing' it. Both published and unpublished works are entitled to copyright protection, but some of the rules differ.
A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.
surviving spouse's trust
If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.
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 (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.
A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'
Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. (more...)
Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.
... On May 3, 2005, HCC petitioned the Aiken County Probate Court for an order removing Appellant
as trustee and naming Penland as successor trustee. ... On October 27, 2006, HCC filed suit in
probate court against Appellant individually and as former trustee of the Trust. ...
... This Court granted Petitioner Betsy M. Campbell's (Mother) petition to review a court of appeals
decision setting aside a probate court order appointing two examiners to evaluate Mother's mental
competency in a conservatorship proceeding brought by her daughter ...
... On February 8, 2001, James filed suit in probate court seeking partition of the Estate's
property. ... On October 15, 2001, the probate court removed Ronnie as personal
representative of the Estate and appointed James in his place. ...