Barnesville Wills & Probate Lawyer, North Carolina
Includes: Estate Administration, Living Wills, Wills
Warning! No lawyers found in this specified area.
TIPS
Easily find Barnesville Wills & Probate Lawyers and Barnesville Wills & Probate Law Firms. For more attorneys, search all Estate areas including Estate Planning, Trusts and Power of Attorney attorneys.
LEGAL TERMS
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.
GRANTOR
Someone who creates a trust. Also called a trustor or settlor.
GENERATION-SKIPPING TRUST
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.
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An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will.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An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will.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.
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.
ENDOWMENT INSURANCE
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)
Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.
EXECUTOR
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.
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.
REAL ESTATE AGENT
A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)
A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.
SAMPLE LEGAL CASES
In re Will of Jones
... Because we believe genuine issues of material fact remain as to the question of undue influence,
we reverse the Court of Appeals, which, in a divided opinion, affirmed the trial court's grant of
summary judgment to Mrs. Jones and its order for the will to be accepted for probate. ...
In re Will of Baitschora
... On 22 June 2007, decedent died in propounder's home. Propounder attempted to probate
the will on 25 June 2007, but when Ms. Weithe informed propounder that the firm could not
handle the matter until August 2007, propounder sought other counsel. ...
IN RE MATTER OF ESTATE OF FORTNER
... UNPUBLISHED OPINION. THIGPEN, Judge. Respondents, the administrators of the Estate of
Johnnie H. Fortner, Sr. ("the Estate"), appeal from an order awarding attorney's fees to petitioner's
attorney for "his services in opposing the probate of a paper writing.". ...
FILTER BY:
- Free Consultation
- Male
- Female
- Suspended
PRACTICE AREAS 30
- Accident & Injury
- Bankruptcy & Debt
- Business
- Civil & Human Rights
- Consumer Rights
- Criminal
- Divorce & Family Law
- Employment
- Environmental Law
- Estate
- -Estate Planning
- -Gift Taxation
- -Trusts
- Wills & Probate
- -Estate Administration
- -Living Wills
- -Wills
- -Power of Attorney
- Government
- Health Care
- Immigration
- Industry Specialties
- Intellectual Property
- International
- Lawsuit & Dispute
- Mass Torts
- Motor Vehicle
- Real Estate
- Tax
- Other