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River Ranch Trusts Lawyer, Florida

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David F Lanier

Real Estate, Trusts, Wills & Probate, Estate Planning
Status:  Retired           Licensed:  71 Years
CONTACT
30 E Main, Avon Park, FL 33825
Profile LAWPOINTS™24/100
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James V Lobozzo

Construction, Trusts, Elder Law, Contract
Status:  In Good Standing           Licensed:  45 Years
CONTACT
211 S Ridgewood Dr, Sebring, FL 33870
Profile LAWPOINTS™34/100
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Clifford M. Ables III

Real Estate, Wills & Probate, Trusts, Elder Law
Status:  In Good Standing           Licensed:  50 Years
CONTACT
551 S Commerce Ave, Sebring, FL 33870
Profile LAWPOINTS™24/100
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Kimberly L. Sapp

Real Estate, Trusts, Personal Injury, Wills & Probate
Status:  In Good Standing           Licensed:  28 Years
CONTACT
425 S Commerce Ave, Sebring, FL 33870
Profile LAWPOINTS™22/100
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Frank Clay Oberhausen

Federal Trial Practice, Trusts, Family Law, Personal Injury
Status:  In Good Standing           Licensed:  52 Years
CONTACT
120 Parkview Rd, Sebring, FL 33870
Profile LAWPOINTS™24/100
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David Floyd Schumacher

Real Estate, Federal Appellate Practice, Trusts, Contract
Status:  In Good Standing           Licensed:  15 Years
CONTACT
4604 Calatrava Ave, Sebring, FL 33872
Profile LAWPOINTS™34/100
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LEGAL TERMS

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)
The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

CERTIFICATION OF TRUST

See abstract of trust.

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.

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.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)
The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

MARITAL LIFE ESTATE TRUST

See AB trust.

FAMILY POT TRUST

See pot trust.

SURROGATE COURT

See probate court.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

SAMPLE LEGAL CASES

Doe v. Doe

... [1] The trusts administered by the Trustees include class gifts to the grandchildren of the settlors, Chester P. Doe, Jr. (Chester Jr.) and Eleanor Warren Doe (Eleanor). ... I. THE FACTS. A. The Trusts. On June 28, 1988, Chester Jr. ...

Parker v. Shullman

... Each of these trusts had sub-trusts for her daughter Lauri and granddaughter Cassie. Barbara designated 645 Shullman as the successor trustee of all of the trusts. ... When Barbara died, Shullman became trustee of the trusts. ...

Timmons v. Ingrahm

... In his will, Frank Sr. created two trusts: the Timmons Family Trust ("Family Trust") and the Timmons Marital Trust ("Marital Trust"). [1] The Timmons Family Trust was valued at $650,000. ... Myrtle was the sole income beneficiary of the trusts during her lifetime. ...

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