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Ferris Ritchey
About | Practice Areas
Ritchey & Ritchey
1740 Oxmoor Road Birmingham, AL 35209» view map
Estate Planning, Wills & Probate, Elder Law
Small Firm Attention. Large Firm Capability.

Ritchey & Ritchey, one of the oldest law firms in Birmingham as well as Alabama, was founded in 1959 on a simple premise: provide clients with guidance and expertise.

205-271-3100
1. Ferris Ritchey Birmingham, AL
  Attorney at Law- AL, 1984
  University of Alabama School of Law, J.D. 1984
2. AboutRitchey & Ritchey
  Small Firm Attention. Large Firm Capability.
3. Practice AreasExpertise
  Estate
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Shay N. Click

Collection, Estate Planning, Family Law, Municipal

Status: In Good Standing

CONTACT

1780 Gadsden Hwy., Birmingham, AL 35235

Eric Heath Johnson

Estate, Divorce & Family Law, Bankruptcy & Debt, Accident & Injury

Status: In Good Standing Licensed: 31 Years

CONTACT

5582 Apple Park Dr, Birmingham, AL 35235

Garrick L. Stotser

Construction, Arbitration, Estate Planning, Business Organization

Status: In Good Standing Licensed: 38 Years

CONTACT

1780 Gadsden Hwy, Birmingham, AL 35235

Richard A. Bearden

Construction, Estate Planning, Employment, Criminal

Status: In Good Standing Licensed: 28 Years

CONTACT

1780 Gadsden Hwy, Birmingham, AL 35235

Randall W. Nichols

Mediation, Litigation, Estate Planning, Family Law

Status: In Good Standing Licensed: 38 Years

CONTACT

1780 Gadsden Hwy, Birmingham, AL 35235

Alan Scott Hughes

Divorce & Family Law, Criminal, Estate, Accident & Injury

Status: In Good Standing Licensed: 28 Years

CONTACT

2030 Gadsden Hwy, Birmingham, AL 35235

David Russell Blount

Real Estate, Divorce & Family Law, Criminal, Personal Injury, Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

2030B Gadsden Hwy, Birmingham, AL 35235

Shay Nicole Click

Personal Injury, Collection, Family Law, Estate Planning

Status: In Good Standing

CONTACT

1780 Gadsden Hwy, Birmingham, AL 35235

Matthew David Wright

Accident & Injury, Criminal, Estate, Traffic, DUI-DWI

Status: In Good Standing Licensed: 20 Years

CONTACT

137 Main st, Trussville, AL 35173

Rukeya Lynn McAdory

DUI-DWI, Divorce, Wills & Probate, Estate Planning

Status: In Good Standing

CONTACT

200 88Th Street South, Birmingham, AL 35206

800-923-0641

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LEGAL TERMS

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

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Warrior Estate Lawyer, Alabama

Sponsored Law Firm

Ritchey & Ritchey

SPONSORED LAWYERS

Shay N. Click

Eric Heath Johnson

Garrick L. Stotser

Richard A. Bearden

Randall W. Nichols

Alan Scott Hughes

David Russell Blount

Shay Nicole Click

Matthew David Wright

Rukeya Lynn McAdory

TIPS

LEGAL TERMS

ADEMPTION

DEVISEE

SUCCESSION

ALTERNATE BENEFICIARY

BYPASS TRUST

FINAL BENEFICIARY

INHERIT

TRUST DEED

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

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