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Jim T. Bennett Lawyer

Jim T. Bennett

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Accident & Injury, Criminal, Divorce & Family Law, Estate, Real Estate
Making Excellence A Standard For Three Generations

Jim T. Bennett has been a member of the State Bar of Georgia since 1998. Jim graduated in the top ten of his class from the Walter F. George School o... (more)

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229-242-6726

Lucy Tomberlin

Social Security -- Disability, Estate Planning, Criminal
Status:  In Good Standing           

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John R. Bennett

Estate, Estate Planning, Elder Law, Non-profit
Status:  In Good Standing           

Leamon Andrew Smith

Real Estate, Estate Planning, Criminal, Business
Status:  In Good Standing           

Robert Lyle Lambert

Commercial Real Estate, Wills, Workers' Compensation, Elder Law
Status:  In Good Standing           

Wilton E. Stone

Workers' Compensation, Estate Planning, Business, Wills
Status:  In Good Standing           

Marnie Hankinson Watson

Income Tax, Estate Planning, Family Law, Elder Law
Status:  In Good Standing           Licensed:  16 Years

J. Stephen Gupton

Corporate, Civil Rights, Collection, Estate Planning
Status:  In Good Standing           

H. Pearce Scott

Elder Law, Wills & Probate, Trusts, Real Estate
Status:  In Good Standing           

Nathanael Darren Brantley

Estate, Divorce & Family Law, Bankruptcy, Accident & Injury
Status:  In Good Standing           Licensed:  11 Years

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Lawyer.com can help you easily and quickly find Valdosta Estate Lawyers and Valdosta 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

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)
A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)
A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)
A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

SURROGATE COURT

See probate court.

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.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)
Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

MARITAL LIFE ESTATE TRUST

See AB trust.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)
Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'