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Philadelphia Estate Lawyer, Pennsylvania


Michael Alan Latzes Lawyer

Michael Alan Latzes

VERIFIED
Bankruptcy, Divorce & Family Law, Real Estate, Wills & Probate, Foreclosure
Let Our 33 Years of Legal Experience Help You

Throughout his career, Mr. Latzes has directed his practice toward representing individuals who required bankruptcy assistance and related consumer ma... (more)

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CONTACT

800-981-8170

Bradly E. Allen Lawyer

Bradly E. Allen

VERIFIED
Bankruptcy & Debt, Foreclosure, Divorce & Family Law, Wills & Probate, Personal Injury

Mr. Allen established his law practice in Philadelphia in 1983 and has been an advocate for the area's residents as well as residents in Montgomery, B... (more)

Linda G. Walters Lawyer

Linda G. Walters

VERIFIED
Divorce & Family Law, Child Custody, Real Estate, Dispute Resolution, Estate

My Journey... I first thought of pursuing a career as an attorney when I was taking a course in the inequalities of our judicial system during my u... (more)

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800-883-9430

Richard J Mennies Lawyer

Richard J Mennies

VERIFIED
Accident & Injury, Estate, Divorce & Family Law, Criminal
General Practice in Conshohocken PA

Richard Mennies brings 30 years of leadership and experience to Mennies & Palmer, specializing in all aspects of insurance defense litigation as well ... (more)

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Gary Stewart Seflin Lawyer

Gary Stewart Seflin

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Estate Planning, Personal Injury, Wills, Real Estate, Power of Attorney

With nearly 30 years experience handling delicate legal matters, Gary Stewart Seflin provides the sophistication and successful results of a large fir... (more)

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800-925-2981

Rudolph L. Celli Lawyer

Rudolph L. Celli

VERIFIED
Real Estate, Estate, Elder Law, Corporate, Wills & Probate

Rudolph Celli is a Real Estate Lawyer proudly serving Wayne, Pennsylvania and the surrounding areas.

Leno P. Thomas Lawyer

Leno P. Thomas

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

Leno P. Thomas, is an attorney with an uncommon breadth of skills and experience that go well beyond his practice of law. Mr. Thomas was born in Ranni... (more)

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800-883-7351

Michael P. Quinn Lawyer

Michael P. Quinn

VERIFIED
Personal Injury, Estate, Criminal

Michael P. Quinn graduated from Temple University in 1984 and from Temple Law in 1987. In addition to being a very successful attorney, Mr. Quinn is ... (more)

Joshua Scott Ganz Lawyer

Joshua Scott Ganz

VERIFIED
Employment, Real Estate, Business, Lawsuit & Dispute, Estate

Joshua S. Ganz, the owner of Ganz Law, LLC, a leading law agency, has been practicing law since 2000 and has been recognized as a Super Lawyer Rising ... (more)

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800-681-9740

Sam Youl Hwang Lawyer

Sam Youl Hwang

VERIFIED
Business, Real Estate, Bankruptcy & Debt, Estate, Litigation
We built our practice around your business!

Mr. Hwang is a shareholder and president of the firm. He concentrates in commercial and international transactions, commercial litigation, real estate... (more)

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800-790-6950

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LEGAL TERMS

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)
Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)
1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)
A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)
Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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.

FAILURE OF ISSUE

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

SAMPLE LEGAL CASES

Estate of Considine v. Wachovia Bank

¶ 2 Matthew Considine died on May 23, 2000. On June 2, 2005, the administrator of his estate [1] filed a civil action in the Montgomery County Court of Common Pleas naming Wachovia Bank [2] and Appellee Robert E. Rozinski defendants. The complaint alleged that Appellee was ...

In re Estate of Sauers

¶ 2 Pursuant to an employee group benefit plan, effective June 1, 1997, Paul J. Sauers, III, ("Decedent") obtained a $40,000.00 life insurance policy issued by the Hartford Life Insurance Company ("Insurer"). There is no dispute that the insurance policy is part of an employee ...

Estate of Hicks v. Dana Companies, LLC

¶ 1 This is a consolidated appeal from the judgment entered against Appellants, Dana Companies, LLC f/k/a Dana Corporation (Dana) and John Crane, Inc., f/k/a Crane Packing (Crane), in this products liability action initiated by Appellee, the Estate of Louis A. Hicks, ...