Sammamish Estate Planning Lawyer, Washington, page 5

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David Lyons
About | Practice Areas
Lyons | Sullivan
10655 NE 4th Street, Suite 704 Bellevue, WA 98004» view map
Estate
Serving The Best Interests Of Our Clients

Our estate planning services enable clients to take control and achieve their goals regarding the disposition of their property.

800-731-8671
1. David Lyons Bellevue, WA
  Attorney at Law - WA, 1980
  Gonzaga University SOL, J.D., 1979
2. AboutLyons | Sullivan
  Over 20 years of experience.
3. Practice AreasExpertise
  Estate Law
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2. Email
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Includes: Gift Taxation

Heather Megan Moery

Commercial Bankruptcy, Landlord-Tenant, Estate Planning, Business

Status: In Good Standing Licensed: 44 Years

CONTACT

3326 160Th Avenue Se, Bellevue, WA 98008

Richard Allen Bromley

Government, Estate Planning, Real Estate

Status: In Good Standing Licensed: 65 Years

CONTACT

1 Microsoft Way, Redmond, WA 98052

Richard A. Bromley

Government, Estate Planning, Real Estate

Status: In Good Standing Licensed: 65 Years

CONTACT

1 Microsoft Way, Redmond, WA 98052

Richard Allen Bromley

Government, Estate Planning, Real Estate

Status: In Good Standing Licensed: 65 Years

CONTACT

1 Microsoft Way, Redmond, WA 98052

George Oscar Darkenwald

Contract, Land Use & Zoning, Dispute Resolution, Estate Planning

Status: Deceased Licensed: 53 Years

CONTACT

7149 Fairview Rd Sw, Olympia, WA 98512

Melissa Ann Edwards

Wills, Estate Planning, Estate

Status: In Good Standing Licensed: 12 Years

CONTACT

One Microsoft Way, Redmond, WA 98052

Heather Laura Becerra

Family Law, Estate Planning, Criminal, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

2490 Ne Julep St, Issaquah, WA 98029

Heather Laura Carter

Family Law, Estate Planning, Civil Rights, Criminal

Status: In Good Standing Licensed: 19 Years

CONTACT

2490 Ne Julep St, Issaquah, WA 98029

Michael J. Bernard

International, Gift Taxation

Status: In Good Standing

CONTACT

One Microsoft Way, Redmond, WA 98052

Wynnie Huang Johnson

Estate Planning, Estate

Status: In Good Standing Licensed: 32 Years

CONTACT

160 Nw Gilman Blvd, Issaquah, WA 98027

800-923-0641

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800-943-8690

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LEGAL TERMS

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

DEED OF TRUST

See trust deed.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

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.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

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.

SAMPLE LEGAL CASES

IN RE ESTATE OF PALMER

... According to Fivecoat, the Palmers wanted to make a charitable contribution to World Gospel Mission after hearing his presentation on estate planning and charitable giving at an annual World Gospel Mission missionary conference. ...

IN RE DISCIPLINARY PROC. AGAINST BOTIMER

... The complaint alleged three counts of violating the RPCs stemming from Botimer's representation of Ruth in her tax, business, and estate planning matters. ... Botimer also assisted Ruth on estate planning matters, while advising Jan as a potential beneficiary of Ruth's estate. ...

State v. Thompson

... She said they needed the gifting power provided by the second power of attorney in order to do "estate planning" for Crawford. She said they spent Crawford's money on their charter business because it was a safer investment than the stock market. ...

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Sammamish Estate Planning Lawyer, Washington, page 5

Sponsored Law Firm

Lyons | Sullivan

SPONSORED LAWYERS

Heather Megan Moery

Richard Allen Bromley

Richard A. Bromley

Richard Allen Bromley

George Oscar Darkenwald

Melissa Ann Edwards

Heather Laura Becerra

Heather Laura Carter

Michael J. Bernard

Wynnie Huang Johnson

TIPS

LEGAL TERMS

PER STIRPES

ACCUMULATION TRUST

DEED OF TRUST

PROBATE

GENERATION-SKIPPING TRUST

SPECIAL ADMINISTRATOR

OFFICER

ESTATE PLANNING

RESIDUARY ESTATE

SAMPLE LEGAL CASES

IN RE ESTATE OF PALMER

IN RE DISCIPLINARY PROC. AGAINST BOTIMER

State v. Thompson

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