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Nelsonville Wills & Probate Lawyer, Ohio

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Includes: Estate Administration, Living Wills, Wills

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1-4 of 4 matches. Page 1 of 1  

James C. Aranda

Wills & Probate, Trusts, Guardianships & Conservatorships, Elder Law
Status:  In Good Standing           
CONTACT
109 North Broad Street, Lancaster, OH 43130
Profile LAWPOINTS™42/100
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Angela J. Seimer

Divorce & Family Law, Wills & Probate, Traffic, Juvenile Law
Status:  In Good Standing           
CONTACT
124 West Main Street, Lancaster, OH 43130
Profile LAWPOINTS™57/100
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Matthew E. Johnson

Real Estate, Estate Administration, Estate Planning, Corporate
Status:  In Good Standing           
CONTACT
109 N Broad St, Lancaster, OH 43130
Profile LAWPOINTS™42/100
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Megan Jones Peters

Real Estate, Wills & Probate, Trusts, Estate Planning
Status:  In Good Standing           
CONTACT
109 N Broad St, Lancaster, OH 43130
Profile LAWPOINTS™40/100
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LEGAL TERMS

SUCCESSOR TRUSTEE

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

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

CREDIT SHELTER TRUST

See AB 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.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

FAMILY POT TRUST

See pot trust.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

SAMPLE LEGAL CASES

In re Guardianship of Spangler

... At one of those hearings, the probate court warned the mother: {¶ 3} "I'm going to give some consideration to appointing a guardian ad litem to go out and do investigation as to whether you're the most suitable guardians or not. ... Probate Court Is the Superior Guardian. ...

In re Guardianship of Santrucek

... See RC 2111.02 and 2109.21. She did however file a petition for appointment of a conservator in the probate court of Clinton County, Michigan. Under Michigan law, a conservator is responsible for management of a ward's property and other financial assets. ...

State ex rel. Mowen v. Mowen

... {¶ 3} In April 2005, the Clermont County Court of Common Pleas, Probate Division, ordered that Barbara be involuntarily hospitalized because it found probable cause that she was a mentally ill person subject to hospitalization by court order. ...

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