Osage Trusts Lawyer, Wyoming

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Mark Hughes
About | Practice Areas
Hughes Law Office
113 North 3rd St Sundance, WY 82729» view map
Divorce & Family, Criminal, Estate
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800-960-0161
1. Mark Hughes Sundance, WY
  Attorney at Law- WY
  University of Wyoming College of Law, J.D. 1978
2. AboutHughes Law Office
  Working Relentlessly For You
3. Practice AreasExpertise
  Divorce & Family
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Donald B. Hansen

General Practice

Status: In Good Standing Licensed: 50 Years

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Newcastle, WY 82701

Donald B Hansen

General Practice

Status: In Good Standing Licensed: 50 Years

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Newcastle, WY 82701

William Henry Curley

General Practice

Status: In Good Standing Licensed: 38 Years

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Newcastle, WY 82701

William Henry Curley

General Practice

Status: In Good Standing Licensed: 38 Years

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Newcastle, WY 82701

Kley Achterhof

Motor Vehicle, Divorce & Family Law, DUI-DWI, Civil & Human Rights, Traffic

Status: In Good Standing Licensed: 17 Years

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Newcastle, WY 82701

Walter Eugene Riehemann

Health Care Other, Public Finance, Child Custody, Insurance, Business & Trade

Status: In Good Standing Licensed: 34 Years

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201 Mays Pond Road, Upton, WY 82730

Kent W. Spence

Construction, Aviation, Discrimination, Insurance

Status: In Good Standing

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15 South Jackson Street, Jackson, WY 83001

Lynda Rose Black

General Practice

Status: In Good Standing Licensed: 10 Years

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Newcastle, WY 82701

800-923-0641

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LEGAL TERMS

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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.'

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

SAMPLE LEGAL CASES

Garwood v. Garwood

... As had been the case while Mrs. Garwood was alive, Mr. Garwood continued to treat the assets of the Trusts as his own personal funds, and he did not abide by many of the terms of the Trust documents. He has now expended ...

Omohundro v. Sullivan

... Argument by Mr. Cannon. Before VOIGT, CJ, and GOLDEN, HILL, KITE, and BURKE, JJ. KITE, Justice. [Â¶ 1] Appellants (hereinafter referred to as Omohundro Trusts) own interests in ... ISSUES. [Â¶ 2] Omohundro Trusts present this issue for our consideration in Case No. S-08-0027: ...

PURCELLA v. PURCELLA

... Upon Mr. Purcella's death, the successor trustees were to divide the remaining trust assets between two separate trusts, the Purcella Family Trust (Family Trust) and the Purcella Marital Trust (Marital Trust). Wife is the income beneficiary of the Marital Trust. ...

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Osage Trusts Lawyer, Wyoming

Sponsored Law Firm

Hughes Law Office

SPONSORED LAWYERS

Donald B. Hansen

Donald B Hansen

William Henry Curley

William Henry Curley

Kley Achterhof

Walter Eugene Riehemann

Kent W. Spence

Lynda Rose Black

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LEGAL TERMS

BANKRUPTCY ESTATE

SPRINKLING TRUST

TRUST DEED

LIVING TRUST

ABATEMENT

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

PER STIRPES

WARRANTY DEED

PROBATE

SAMPLE LEGAL CASES

Garwood v. Garwood

Omohundro v. Sullivan

PURCELLA v. PURCELLA

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