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Putnam C. Smith Lawyer

Putnam C. Smith

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Business, Estate, Real Estate, Divorce & Family Law, Criminal

Attorney Putnam C. Smith represents Main Street business owners and executives, professionals of all types and local, regional and national real estat... (more)

G. Gregory Shadrix

Estate Planning, Transactions, Gift Taxation, Estate Administration, Civil Rights
Status:  In Good Standing           

Richard Neville

Litigation, Estate, Business, Car Accident
Status:  In Good Standing           

Maggie Spaulding

Corporate, Estate Planning, Real Estate, Estate
Status:  In Good Standing           

Chris R. Shaw

Corporate, Real Estate, Estate
Status:  In Good Standing           

Christopher A Ballar

Real Estate, Trusts, Elder Law, Personal Injury
Status:  In Good Standing           

Roger J Bauer

Real Estate, Government, Wills & Probate, Trusts
Status:  In Good Standing           Licensed:  50 Years

Hanna Ramzan Manzur

Immigration, Trusts
Status:  In Good Standing           Licensed:  14 Years

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LEGAL TERMS

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

SURROGATE COURT

See probate court.

NET ESTATE

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

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

COUNTERCLAIM

A defendant's court papers that seek to reverse the thrust of the lawsuit by claiming that it was the plaintiff -- not the defendant -- who committed legal wron... (more...)
A defendant's court papers that seek to reverse the thrust of the lawsuit by claiming that it was the plaintiff -- not the defendant -- who committed legal wrongs, and that as a result it is the defendant who is entitled to money damages or other relief. Usually filed as part of the defendant's answer -- which also denies plaintiff's claims -- a counterclaim is commonly but not always based on the same events that form the basis of the plaintiff's complaint. For example, a defendant in an auto accident lawsuit might file a counterclaim alleging that it was really the plaintiff who caused the accident. In some states, the counterclaim has been replaced by a similar legal pleading called a cross-complaint. In other states and in federal court, where counterclaims are still used, a defendant must file any counterclaim that stems from the same events covered by the plaintiff's complaint or forever lose the right to do so. In still other states where counterclaims are used, they are not mandatory, meaning a defendant is free to raise a claim that it was really the plaintiff who was at fault either in a counterclaim or later as part of a separate lawsuit.

CREDIT SHELTER TRUST

See AB trust.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)
An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)
1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.