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The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.
Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).
The value of all property owned at death less liabilities or debts.
A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many (more...)
A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.
In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used (more...)
In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.
A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.
heir at law
A person entitled to inherit property under intestate succession laws.
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. (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.
The facts and circumstances that bring this matter before the Court are in some ways truly unique
because, merely by the happenstance of timing, the effect of the attorney's behavior, even if we
were to find that it violated our ethical standards, could not have affected the outcome of ...
We conclude that, actions arising from disputed wills and related documents designed to dispose
of estate assets and which rest on allegations of undue influence are most often resolved through
the equitable remedies available in the Probate Part. We further conclude that, although a ...
Plaintiffs, the estate and husband of Ramona Cordero, appeal from an order granting summary
judgment in favor of defendant Christ Hospital on claims of fraudulent concealment of evidence
and vicarious liability for the negligence of defendant Dr. Selvia G. Zaklama. Dr. Zaklama, ...