Pleasant Hope Estate Lawyer, Missouri, page 2


Warren S. Stafford

Business Organization, Products Liability, Eminent Domain, Wills & Probate
Status:  In Good Standing           

B.J. Richardson

Commercial Real Estate, International Tax, Trusts, Limited Liability Companies
Status:  In Good Standing           

Bill Crowe

Estate, Estate Planning, Wills & Probate, Power of Attorney, Trusts
Status:  In Good Standing           

Billy Edwin Bloomfield

Corporate, Power of Attorney, Estate Planning, Estate
Status:  In Good Standing           Licensed:  34 Years
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Brandy Mellissa Mcshane

Dispute Resolution, Estate Planning, Adoption, Elder Law
Status:  In Good Standing           Licensed:  28 Years

Brian D. Loomis

Estate, Lawsuit & Dispute, Real Estate, Business, Contract
Status:  In Good Standing           Licensed:  17 Years

Brian Eric Hamburg

Estate Planning, Estate, Corporate, Business
Status:  In Good Standing           

Bryan T. Renfrow

Estate Planning, Civil Rights, Medical Malpractice, Business
Status:  In Good Standing           

C. Dudley Martin

Landlord-Tenant, Collection, Estate Planning, Business
Status:  In Good Standing           Licensed:  61 Years

Cameron Jones

Commercial Real Estate, Trusts, Estate, Elder Law
Status:  In Good Standing           

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

FAMILY POT TRUST

See pot trust.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)
A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)
A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)
A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.