Oxford Estate Lawyer, Mississippi, page 3

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Milton Dannelly Hobbs

Education, Landlord-Tenant, Estate, Criminal
Status:  In Good Standing           

George Stouton Haymans

Land Use & Zoning, Real Estate, Industry Specialties, Estate
Status:  In Good Standing           Licensed:  18 Years

Don L Fruge'

International, Estate
Status:  In Good Standing           Licensed:  55 Years

James Matthew Lenderman

Wills & Probate, Divorce & Family Law, Personal Injury, Accident & Injury
Status:  In Good Standing           Licensed:  11 Years

Paul Frederick Edwards

Industry Specialties, Estate, Banking & Finance, Business
Status:  In Good Standing           Licensed:  39 Years

Don L Fruge

Tax, Estate Planning
Status:  In Good Standing           Licensed:  55 Years

J Andrew Mauldin

Immigration, Estate, Employment, Civil & Human Rights
Status:  In Good Standing           Licensed:  12 Years

Simpson Gray Edmondson

International Tax, International, Estate, Business
Status:  In Good Standing           Licensed:  22 Years

John Dickson Mayo

Immigration, Government, Estate, Civil & Human Rights
Status:  In Good Standing           Licensed:  18 Years

E E Laird

Public Finance, Trusts, Business & Trade, Corporate
Status:  Inactive           Licensed:  66 Years

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LEGAL TERMS

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.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)
A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

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).

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)
A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

FAILURE OF ISSUE

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

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)
A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

DEED OF TRUST

See trust deed.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)
A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

SURROGATE COURT

See probate court.