Virginia Trusts Lawyer, Minnesota

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Richard Morris
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Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
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1. Richard Morris Edina, MN
  Attorney at Law- MN, 1974
  William Mitchell College of Law, J.D.
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Accident & Injury
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Alicia Lee Cope

Real Estate, Estate

Status: In Good Standing Licensed: 26 Years

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415 S First St, Virginia, MN 55792

Allen B Jacobson

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Status: In Good Standing Licensed: 34 Years

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Amber D Pederson

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Status: In Good Standing Licensed: 18 Years

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Amber Darlene Pederson

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General Practice

Status: In Good Standing Licensed: 31 Years

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Duluth, MN 55803

Amy Hunt Kuronen

Commercial Real Estate, Estate, Family Law, Elder Law

Status: In Good Standing Licensed: 31 Years

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Brian Campbell Fischer

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Chuck Sylvester

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Status: In Good Standing Licensed: 42 Years

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3730 Lavaque Road, Duluth, MN 55810

J. Fletcher Freeman

Gift Taxation, Tax

Status: In Good Standing Licensed: 51 Years

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323 E Sheridan St, Ely, MN 55731

James Joseph Vollstaedt

Real Estate, Lawsuit & Dispute, Estate, Divorce & Family Law

Status: In Good Standing Licensed: 12 Years

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820 N Ninth St, Virginia, MN 55792

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LEGAL TERMS

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

NET ESTATE

The value of all property owned at death less liabilities or debts.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

WARRANTY DEED

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

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.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

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.

SAMPLE LEGAL CASES

US BANK NA v. Cold Spring Granite Co.

... Thomas Moore, Ann McCabe, and US Bank (Moores) are trustees of eight appellant family trusts (Moore Trusts) that brought suit against respondent Cold Spring Granite Company (CSG) and its chairman and CEO respondent Patrick D. Alexander after CSG stock belonging to ...

IN RE ROSCKES v. County of Carver

... intent to limit Medicaid to the financially needy, many individuals exploited a loophole in the Medicaid statute allowing them to attain Medicaid eligibility while preserving assets for their heirs by transferring their assets to irrevocable Medicaid-qualifying trusts (MQTs). ...

Swenson v. Bender

... Carlson v. SALA Architects, Inc., 732 NW2d 324, 331 (Minn.App.2007), review denied (Minn. Aug. 21, 2007). Fiduciary relationships arise when one person trusts and confides in another who has superior knowledge and authority. Id. at 330. ...

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Virginia Trusts Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Alicia Lee Cope

Allen B Jacobson

Amber D Pederson

Amber Darlene Pederson

Amy Hunt Kuronen

Amy Hunt Kuronen

Brian Campbell Fischer

Chuck Sylvester

J. Fletcher Freeman

James Joseph Vollstaedt

TIPS

LEGAL TERMS

TRUST MERGER

NET ESTATE

POUR-OVER WILL

GRANT DEED

WARRANTY DEED

LAPSE

SUCCESSOR TRUSTEE

ENTITY

CONSERVATOR

SAMPLE LEGAL CASES

US BANK NA v. Cold Spring Granite Co.

IN RE ROSCKES v. County of Carver

Swenson v. Bender

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