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Kami Abelson Pomerantz

International, Trusts, Estate

Status: Licensed: 58 Years

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Aurora, CO 80201

Kathleen M Cronan

Trusts, Estate, Civil & Human Rights

Status: Licensed: 47 Years

CONTACT

425 South Cherry Street, Aurora, CO 80222

Justin Jaeger

Trusts, Divorce, Divorce & Family Law, Criminal, Estate

Status:

CONTACT

19751 E Mainstreet, Parker, CO 80138

Stephen L. Brown

Real Estate, Trusts, Estate, Business

Status: Licensed: 37 Years

CONTACT

19590 E. Mainstreet, Parker, CO 80138

Martha J. Karnopp

Trusts, Business

Status: Licensed: 51 Years

CONTACT

13631 E. Marina Drive, Aurora, CO 80014

Carla Diane Little

Power of Attorney, Wills & Probate, Trusts, Estate, Elder Law

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15530 E Broncos Parkway, Englewood, CO 80112

George Damon Bruntz

Trusts, Estate Planning, Family Law, Divorce, Bankruptcy

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18425 Pony Express Drive, Parker, CO 80134

R. Brian Brian Daniel

Estate, Adoption, Wills & Probate, Trusts

Status: Licensed: 26 Years

CONTACT

11355 South Parker Road, Parker, CO 80134

Myka Marie Landry

Wills & Probate, Trusts, Elder Law

Status: Licensed: 34 Years

CONTACT

15550 Highway 86, Kiowa, CO 80117

Charles E. Rounds

Government Agencies, Trusts, Estate, Civil & Human Rights

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3025 S. Parker Road, Aurora, CO 80014

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LEGAL TERMS

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

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.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

SAMPLE LEGAL CASES

Barber v. Ritter

... which they allege became general tax dollars as a result of the transfer, would be expended to defray "general governmental expenses unrelated to the respective purposes for which the cash funds were created"; (2) some of the funds involved were "public trusts," and therefore ...

Saunders v. MURATORI

... See Moore v. 1600 Downing Street, Ltd., 668 P.2d 16, 19 (Colo.App.1983) ("`It is fundamental to the law of trusts that cestuis have the right `upon the general principles of equity' ... and `independently of [statutory] provisions ... ...

IN RE VINTON v. Virzi

... App. 2000). Â¶18 With regard to Virzi's allegation of misrepresentation of ownership, for hundreds of years it has been true of the English and American law of trusts that "title" is "colorless" because the person in whom the ... Restatement (Second) of Trusts Â§ 2 cmt. d (1959). ...

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Strasburg Trusts Lawyer, Colorado, page 3

Sponsored Law Firm

Fischer & Fischer, P.C.

SPONSORED LAWYERS

Kami Abelson Pomerantz

Kathleen M Cronan

Justin Jaeger

Stephen L. Brown

Martha J. Karnopp

Carla Diane Little

George Damon Bruntz

R. Brian Brian Daniel

Myka Marie Landry

Charles E. Rounds

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LEGAL TERMS

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

TRUSTEE

LAPSE

AB TRUST

TRUST DEED

SPECIAL ADMINISTRATOR

DEATH TAXES

TAKING AGAINST THE WILL

ANCILLARY PROBATE

SAMPLE LEGAL CASES

Barber v. Ritter

Saunders v. MURATORI

IN RE VINTON v. Virzi

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