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Alloy Trusts Lawyer, West Virginia

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Ronald N. Walters Lawyer

Ronald N. Walters

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Accident & Injury, Criminal, Bankruptcy & Debt, Family Law, Trusts

Ron has, over the last decade, assisted clients by planning and designing settlements to address future needs and ensure any government benefits are p... (more)

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800-895-9790

16 Capitol St, Charleston, WV 25301
Profile LAWPOINTS™61/100
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Robert G. Tweel

Tax, Trusts, Estate Planning, Business
Status:  In Good Standing           Licensed:  32 Years
CONTACT
Charleston, WV 25322
Profile LAWPOINTS™34/100
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Robert George Tweel

Tax, Trusts, Estate Planning, Business
Status:  In Good Standing           Licensed:  32 Years
CONTACT
Charleston, WV 25322
Profile LAWPOINTS™34/100
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Bob Tweel

Tax, Trusts, Estate Planning
Status:  In Good Standing           Licensed:  31 Years
CONTACT
Charleston, WV 25322
Profile LAWPOINTS™29/100
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Milton T. Herndon

Banking & Finance, Health Care Other, Trusts, Corporate
Status:  In Good Standing           
CONTACT
300 Summers Street, Charleston, WV 25328
Profile LAWPOINTS™29/100
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Roy Allan Hoffman

Commercial Real Estate, Litigation, Dispute Resolution, Trusts
Status:  Inactive           Licensed:  30 Years
CONTACT
565 Garrison Ave, Charleston, WV 25302
Profile LAWPOINTS™26/100
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Fairless Lia Ditrapano

Traffic, Trusts, Personal Injury
Status:  In Good Standing           
CONTACT
604 Virginia St E, Charleston, WV 25301
Profile LAWPOINTS™15/100
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LEGAL TERMS

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)
The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

IRREVOCABLE TRUST

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

LIFE BENEFICIARY

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

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)
Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

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.

CREDIT SHELTER TRUST

See AB trust.

DEED OF TRUST

See trust deed.

SUCCESSOR TRUSTEE

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

SAMPLE LEGAL CASES

IN RE APPOINTMENT OF TRUSTEES FOR WOODLAWN CEMETERY

... Counsel for the Bank wrote to Mr. Decker on May 25, 2005, and told him that cemetery permanent endowment care trusts must remain intact for the benefit of cemetery maintenance, and told him that there is no legal provision for the termination of such a trust. ...

IN RE PETITION FOR APPOINTMENT OF TRUSTEES FOR WOODLAWN CEMETERY

... Counsel for the Bank wrote to Mr. Decker on May 25, 2005, and told him that cemetery permanent endowment care trusts must remain intact for the benefit of cemetery maintenance, and told him that there is no legal provision for the termination of such a trust. ...

GRAFTON-GORE v. CENTRA BANK, INC.

... Petitioner's purchase of Hickory Ridge closed on March 7, 2006, and she executed the promissory notes and deeds of trusts required for the loans. The deed conveying Hickory Ridge to her was recorded with the Clerk of the Berkeley County Commission. ...

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