New Munich Estate Lawyer, Minnesota, page 2

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Kayla Marie Blevins

Divorce & Family Law, Estate, Real Estate
Status:  In Good Standing           Licensed:  9 Years

Krista Laurich Durrwachter

Estate Planning, Environmental Law Other, Securities, Bankruptcy
Status:  Suspended           Licensed:  21 Years

Joseph Alan Krueger

Government, Estate Planning, Family Law, Elder Law, Personal Injury
Status:  In Good Standing           Licensed:  21 Years

Franz Joseph Vancura

General Practice
Status:  In Good Standing           Licensed:  13 Years

Karen Hoffman

Commercial Real Estate, Mediation, Wills & Probate, Estate, Family Law
Status:  In Good Standing           

Karen Hoffman

Commercial Real Estate, Wills & Probate, Divorce, Juvenile Law
Status:  In Good Standing           Licensed:  13 Years

Gregory A Peters

Government, Estate, Divorce & Family Law, Business, Slip & Fall Accident
Status:  In Good Standing           Licensed:  45 Years

Gilda Marlene Clark

Real Estate, Immigration, Estate, Divorce & Family Law, DUI-DWI
Status:  In Good Standing           Licensed:  25 Years

Gerald L Hasselbrink

Elder Law, Divorce, Estate, Defense Contracts
Status:  In Good Standing           Licensed:  44 Years

Claudia Meyer Revermann

Commercial Real Estate, Wills & Probate, Divorce, Corporate
Status:  In Good Standing           Licensed:  23 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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TIPS

Lawyer.com can help you easily and quickly find New Munich Estate Lawyers and New Munich Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)
A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)
A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

FUNDING A TRUST

Transferring ownership of property to a trust.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)
In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)
A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)
The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.