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Bernalillo County, NM Estate Lawyers, page 4

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31-40 of 85 matches. Page 4 of 9  

Rodney L. Schlagel

Commercial Real Estate, Estate, Business & Trade, Corporate
Status:  In Good Standing           
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Albuquerque, NM 87190
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Mark C. Abramson

Gift Taxation, Employee Rights, Corporate, Reorganization, Federal
Status:  In Good Standing           
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6621 4Th St Nw, Albuquerque, NM 87107
Profile LAWPOINTS™34/100
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Lynn Mckeever

Litigation, Estate Planning, Elder Law, Corporate
Status:  In Good Standing           
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3636 Menaul Blvd Ne, Albuquerque, NM 87110
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Thomas Smidt

Commercial Real Estate, Estate, Business & Trade, Corporate
Status:  In Good Standing           
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4811 Hardware Dr Ne, Albuquerque, NM 87109
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Vanessa Cecile Kaczmarek

International, Gift Taxation, Estate Planning, Business
Status:  In Good Standing           
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500 4Th St Nw, Albuquerque, NM 87102
Profile LAWPOINTS™34/100
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Elisabeth Anne Millich

Commercial Real Estate, Immigration, Wills, Estate
Status:  In Good Standing           
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Albuquerque, NM 87190
Profile LAWPOINTS™34/100
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Bruce Joseph Puma

Estate Planning, Divorce & Family Law, Elder Law, Business
Status:  In Good Standing           
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1909 Carlisle Blvd Ne, Albuquerque, NM 87110
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Richard K Barlow

Commercial Real Estate, Wills, Business & Trade, Corporate
Status:  In Good Standing           
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Albuquerque, NM 87103
Profile LAWPOINTS™34/100
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Maria Montoya Chavez

Wills, Trusts, Collaborative Law, Family Law
Status:  In Good Standing           
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6565 Americas Parkway Ne, Albuquerque, NM 87110
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Marjorie A. Rogers

Tax, Gift Taxation, Estate Planning, Business
Status:  In Good Standing           Licensed:  46 Years
CONTACT
Albuquerque, NM 87103
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LEGAL TERMS

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)
(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)
Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)
The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)
The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)
The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)
Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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