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Karyn Krause Cumberland

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Karyn Krause Cumberland is an elder law lawyer proudly serving Stratham, New Hampshire and the neighboring communities.

Don Nary

Family Law, Wills, Traffic, Divorce
Status:  In Good Standing           

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Robert M. Moore

Estate Planning, Family Law, Divorce, Bankruptcy
Status:  In Good Standing           

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Karyn P. Forbes

Electronic Commerce, Municipal, Wills & Probate, Bankruptcy
Status:  In Good Standing           

Thomas F. Torr

Elder Law, Estate, Elder Law
Status:  In Good Standing           Licensed:  30 Years

David William Jordan

Real Estate, Estate, Business, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  55 Years

Todd Stevens

Nursing Home, Estate Planning, Divorce, Insurance
Status:  In Good Standing           

David Morris Schwartz

Real Estate, Estate Planning, Business, Commercial Real Estate
Status:  In Good Standing           

Kimberly A. Weibrecht

Mediation, Trusts, Estate, Collaborative Law, Divorce & Family Law
Status:  In Good Standing           

Jeremey Miller

Foreclosure, Wills & Probate, Bankruptcy, Personal Injury
Status:  In Good Standing           

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

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.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)
A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)
A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

SPRINKLING TRUST

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.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)
Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

MARITAL LIFE ESTATE TRUST

See AB trust.

CERTIFIED COPY

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 certi... (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.