Pelham Estate Lawyer, Alabama, page 3

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Ferris Ritchey
About | Practice Areas
Ritchey & Ritchey
1740 Oxmoor Road Birmingham, AL 35209» view map
Estate Planning, Wills & Probate, Elder Law
Small Firm Attention. Large Firm Capability.

Ritchey & Ritchey, one of the oldest law firms in Birmingham as well as Alabama, was founded in 1959 on a simple premise: provide clients with guidance and expertise.

205-271-3100
1. Ferris Ritchey Birmingham, AL
  Attorney at Law- AL, 1984
  University of Alabama School of Law, J.D. 1984
2. AboutRitchey & Ritchey
  Small Firm Attention. Large Firm Capability.
3. Practice AreasExpertise
  Estate
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Marcus L Hunt

Intellectual Property, Entertainment, Wills & Probate, Business

Status: In Good Standing

CONTACT

2803 Greystone Commercial Blvd, Birmingham, AL 35242

David Winn Stephenson

Commercial Real Estate, Real Estate, Estate Planning, Accident & Injury

Status: In Good Standing Licensed: 23 Years

CONTACT

9001 Liberty Pkwy, Birmingham, AL 35242

Jon Jackson Rutledge

Real Estate, Trusts

Status: In Good Standing Licensed: 24 Years

CONTACT

300 Vestavia Pkwy, Birmingham, AL 35216

Samantha Carnley

Estate, Consumer Bankruptcy, Estate Administration, Wills & Probate

Status: In Good Standing Licensed: 22 Years

CONTACT

1313 Alford Ave, Birmingham, AL 35226

Burton Dunn

Elder Law, Estate, Wills & Probate, Adoption

Status: In Good Standing Licensed: 18 Years

CONTACT

300 Cahaba Park Cir, Birmingham, AL 35242

Tommy Edward Hill

Housing & Urban Development, Real Estate, Estate, Business

Status: In Good Standing Licensed: 58 Years

CONTACT

1 Perimeter Park S, Birmingham, AL 35243

Harry Emmanuel Scozzaro

Estate, Divorce & Family Law, Criminal, Accident & Injury

Status: In Good Standing Licensed: 21 Years

CONTACT

Helena, AL 35080

Phillip James Sarris

Real Estate, Trusts, Wills & Probate

Status: In Good Standing Licensed: 61 Years

CONTACT

1845 Montclaire Dr, Birmingham, AL 35216

Terri Dobell Mcclung

Accident & Injury, Divorce & Family Law, Estate, Lawsuit & Dispute

Status: In Good Standing Licensed: 39 Years

CONTACT

300 Montgomery Hwy, Birmingham, AL 35216

Herbert Blackman Sparks

Real Estate, Estate Planning, Health Care Other

Status: In Good Standing Licensed: 40 Years

CONTACT

Birmingham, AL 35243

800-923-0641

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LEGAL TERMS

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

FAMILY POT TRUST

See pot trust.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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Pelham Estate Lawyer, Alabama, page 3

Sponsored Law Firm

Ritchey & Ritchey

SPONSORED LAWYERS

Marcus L Hunt

David Winn Stephenson

Jon Jackson Rutledge

Samantha Carnley

Burton Dunn

Tommy Edward Hill

Harry Emmanuel Scozzaro

Phillip James Sarris

Terri Dobell Mcclung

Herbert Blackman Sparks

TIPS

LEGAL TERMS

RESIDUARY ESTATE

FAMILY POT TRUST

TAKING AGAINST THE WILL

PERSONAL PROPERTY

GRANT DEED

KINDRED

QTIP TRUST

ABSTRACT OF TRUST

BENEFICIARY

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