Ridgeland Estate Planning Lawyer, Mississippi, page 2

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Owen Lalor
About | Practice Areas
Lalor Aby & Morgan, PLLC
230 Trace Colony Park Dr. Suite 4 Ridgeland, MS 39157» view map
Estate Law
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If you need an experienced litigation attorney, look no further than Lalor Aby & Morgan, PLLC.

800-758-9910
1. Owen Lalor Ridgeland, MS
  Attorney at Law- MS, 1978
  Vanderbilt University Law School, J.D. 1978
2. AboutLalor Aby & Morgan, PLLC
  Get the Legal Support You Need
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

Jay A. Norris

Tax, Estate Planning, Transactions, Business

Status: In Good Standing

CONTACT

1076 Highland Colony Parkway, Ridgeland, MS 39157

Kathleen R Fewel

Estate Planning, Estate, Family Law, Elder Law

Status: In Good Standing Licensed: 34 Years

CONTACT

406 Orchard Park, Ridgeland, MS 39157

Marlane E Chill

Federal Trial Practice, Estate Planning, Bankruptcy

Status: Inactive Licensed: 51 Years

CONTACT

1020 Highland Col Pkwy, Ridgeland, MS 39157

Matthew David Sitton

Dispute Resolution, Art, Energy, Natural Resources, Estate Planning

Status: In Good Standing Licensed: 13 Years

CONTACT

Ridgeland, MS 39158

Patricia Diane Boyette

Insurance, Trusts, Corporate, Estate Planning

Status: In Good Standing Licensed: 20 Years

CONTACT

1401 Livingston Ln, Jackson, MS 39213

Patricia Diane Boyette

General Practice

Status: In Good Standing Licensed: 20 Years

CONTACT

1401 Livingston Ln, Jackson, MS 39213

R Barry Vickery

Commercial Real Estate, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 57 Years

CONTACT

5360 I 55 N, Jackson, MS 39296

R. David Marchetti

Litigation, Estate Planning, Workers' Compensation, Products Liability

Status: In Good Standing Licensed: 35 Years

CONTACT

300 Concourse Blvd, Ridgeland, MS 39157

Rebecca L Wiggs

Litigation, Lawsuit & Dispute, Government, Estate Planning

Status: In Good Standing

CONTACT

1020 Highland Colony Pkwy, Ridgeland, MS 39157

Rebecca Lee Wiggs

Litigation, Lawsuit & Dispute, Government, Estate Planning

Status: In Good Standing

CONTACT

1020 Highland Colony Pkwy, Ridgeland, MS 39157

800-923-0641

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LEGAL TERMS

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.

NET ESTATE

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

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

DEED OF TRUST

See trust deed.

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.'

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

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.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

SAMPLE LEGAL CASES

IN RE COMMISSION ON MANDATORY CONTINUING LEGAL EDUCATION

... Tennessee Association of Criminal Defense Lawyers. Tennessee Trial Lawyers Association. The National Center for Justice and the Rule of Law. The Southern California Tax & Estate Planning Forum. The Southern Trust School (Alabama). Transportation Lawyers Association. ...

Howell v. May

... On April 11, 2000, Sharnee drove Ann to Hannaford's office. Sharnee and Ann met with Hannaford and, as a result of that meeting, Hannaford prepared some estate planning documents for Ann. Â¶ 6. Two days later, Sharnee again drove Ann to Hannaford's office. ...

Daly v. Mississippi Bar

... Attachments to the petition and sixth supplemental petition documented his completion of continuing legal education in areas including estate planning and tax law. The Bar does not dispute that Daly has met this requirement. ...

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Ridgeland Estate Planning Lawyer, Mississippi, page 2

Sponsored Law Firm

Lalor Aby & Morgan, PLLC

SPONSORED LAWYERS

Jay A. Norris

Kathleen R Fewel

Marlane E Chill

Matthew David Sitton

Patricia Diane Boyette

Patricia Diane Boyette

R Barry Vickery

R. David Marchetti

Rebecca L Wiggs

Rebecca Lee Wiggs

TIPS

LEGAL TERMS

SPECIFIC BEQUEST

NET ESTATE

TRUST CORPUS

DEED OF TRUST

ABSTRACT OF TRUST

LIFE BENEFICIARY

QTIP TRUST

INHERITANCE TAXES

POWER OF APPOINTMENT

SAMPLE LEGAL CASES

IN RE COMMISSION ON MANDATORY CONTINUING LEGAL EDUCATION

Howell v. May

Daly v. Mississippi Bar

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