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Tuscaloosa Estate Lawyer, Alabama, page 2


Calhoun E Wilson

Bankruptcy, Family Law, Workers' Compensation, Real Estate, Wills & Probate
Status:  In Good Standing           

H. Bryan Wallace

Landlord-Tenant, Personal Injury, Litigation, Estate Planning
Status:  In Good Standing           

James A. Owens

Estate, Employment, Business
Status:  In Good Standing           

Paige Mccoy Oldshue

Employee Rights, Private Schools, Estate Planning
Status:  In Good Standing           Licensed:  23 Years

Robert Chase Malone

Immigration, Estate Planning, Commercial Real Estate, Natural Resources
Status:  In Good Standing           Licensed:  5 Years

Hannah Baril Lansdon

Estate, Real Estate
Status:  In Good Standing           Licensed:  8 Years

John Arthur Owens

Accident & Injury, Employment, Estate, Lawsuit & Dispute
Status:  In Good Standing           Licensed:  51 Years

Apsilah Owens Millsaps

Accident & Injury, Employment, Estate, Lawsuit & Dispute, Traffic
Status:  In Good Standing           Licensed:  25 Years

Jaley Ayn Cranford

Divorce & Family Law, Estate, Lawsuit & Dispute
Status:  In Good Standing           Licensed:  2 Years

John P. McClusky

Criminal, Divorce & Family Law, Real Estate, Wills & Probate, Trusts
Status:  In Good Standing           Licensed:  41 Years

800-923-0641

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800-943-8690

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Lawyer.com can help you easily and quickly find Tuscaloosa Estate Lawyers and Tuscaloosa Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

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.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)
The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

FAMILY POT TRUST

See pot trust.

WARRANTY DEED

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

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.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

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.

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.