- Tennessee / Sullivan County / Estate Lawyers, page 5
Sullivan County, TN Estate Lawyers, page 5
James Boatright
Wills & Probate, Family Law, Insurance, Reorganization
Status: In Good Standing Licensed: 50 Years
150 Commerce St, Kingsport, TN 37660
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Buddy Arthur Scott
Tax, Business & Trade, Commercial Real Estate, Trusts
Status: In Good Standing Licensed: 51 Years
130 Nevermore Ln, Kingsport, TN 37664
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Jennifer Jones
Criminal, Juvenile Law, Trusts, Estate Planning
Status: In Good Standing Licensed: 13 Years
Bristol, TN 37621
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Ashlee Cardwell
Tax, Health Care, Business & Trade, Trusts
Status: In Good Standing Licensed: 11 Years
319 Carver Street, Kingsport, TN 37660
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Lawyer.com can help you easily and quickly find Tennessee Estate Lawyers and Tennessee Estate Law Firms. Find Estate attorneys by major city or select a city from the list of all Tennessee cities. Alternatively you can search for Estate attorneys for all Tennessee cities or search by county. You may also also find it useful to refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.
LEGAL TERMS
CERTIFICATION OF TRUST
See abstract of trust.
AUGMENTED ESTATE
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 on... (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.
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.
ESTATE TAXES
Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)
Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.
EXECUTOR
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.
FAILURE OF ISSUE
A situation in which a person dies without children who could have inherited her property.
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.
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.
PERSONAL PROPERTY
All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)
All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.
SAMPLE LEGAL CASES
In re Estate of Tanner
The decedent, Martha M. Tanner, died intestate while a resident of a nursing facility. Nineteen
months later, the Bureau of TennCare filed a complaint in the Davidson County Chancery Court
seeking the appointment of an administrator of her estate. The case was transferred to the ...
In re Estate of Davis
In this interlocutory appeal, the administrator of the estate of the decedent argues that a petition
for probate, filed more than two years after the probate of an earlier will, is time-barred by Tennessee
Code Annotated section 32-4-108, and, therefore, the trial court erroneously denied his ...
Estate of French v. Stratford House
The administratrix of the estate of the deceased brought this wrongful death suit against the defendant
nursing home and its controlling entities, alleging damages as the result of ordinary
negligence, negligence per se, and violations of the Tennessee Adult Protection Act. The ...
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