Norcross Estate Lawyer, Georgia

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John G. Walrath Lawyer

John G. Walrath

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Accident & Injury, Bankruptcy & Debt, Criminal, Divorce & Family Law, Estate
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The Law Offices of John G. Walrath is a small, aggressive and experienced Georgia law firm handling both civil and criminal cases throughout the State... (more)

Mark Anderst Nestor Lawyer

Mark Anderst Nestor

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Accident & Injury, Estate, Criminal, Real Estate, Traffic

Attorney Nestor has been licensed to practice in the state of Georgia since 1995. He helps clients in Accident & Injury, Estate, Lawsuit & Dispute, Tr... (more)

Brian Clark Near Lawyer

Brian Clark Near

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Bankruptcy & Debt, Business, Accident & Injury, Estate

Brian Near began his legal practice in 1989 with a law firm located in the former IBM Tower (One Atlantic Center) in midtown Atlanta. He later moved h... (more)

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Matthew McGahren

Accident & Injury, Divorce & Family Law, Estate, Criminal
Status:  In Good Standing           Licensed:  31 Years

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Peter Lawrence Lublin

Commercial Real Estate, Real Estate, Lawsuit & Dispute, Wills & Probate
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Glen Daryl Rubin

Wills & Probate, Reorganization, Credit & Debt, Bankruptcy
Status:  In Good Standing           

Victor Herng-Chin Kang

Commercial Real Estate, Real Estate, Wills & Probate, Credit & Debt
Status:  In Good Standing           

Jeffrey Chad Horn

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

Jeffrey Chad Horn

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

Nancy Raylene Wasdin

Estate, Real Estate, Corporate, Contract
Status:  In Good Standing           Licensed:  19 Years

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Lawyer.com can help you easily and quickly find Norcross Estate Lawyers and Norcross 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

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)
A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)
Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)
(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)
To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

PER STIRPES

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. F... (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.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)
The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

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.