Bethany Beach Trusts Lawyer, Delaware


Susan Huesman Mitchell

Tax, Corporate, Trusts
Status:  In Good Standing           Licensed:  27 Years

Larry W. Fifer

Real Estate, Wills & Probate, Trusts, Criminal
Status:  In Good Standing           Licensed:  51 Years

Heidi J. A. Gilmore

Real Estate, Trusts, Land Use & Zoning, Commercial Real Estate
Status:  In Good Standing           Licensed:  24 Years

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LEGAL TERMS

SURROGATE COURT

See probate court.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)
In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

DEVISEE

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

TESTAMENTARY TRUST

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

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.

LIFE BENEFICIARY

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

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)
A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

SAMPLE LEGAL CASES

Cargill, Inc. v. JWH SPEC. CIRCUMSTANCE LLC

... With two major carve-outs, the Act explicitly subjects Delaware statutory trusts to existing trust law concepts. Section ... 2. Does the Act itself preempt duties the Cargill Plaintiffs otherwise would have had under the law of trusts? As ...

IN THE MATTER OF LAMMOT DU PONT COPELAND TRUST NO. 5400

... MEMORANDUM OPINION. CHANDLER, Chancellor. This case presents, on summary judgment, the narrow question of whether the assets of two trusts, upon their future termination, are to be distributed to their beneficiaries per stirpes or per capita. ...

IN THE MATTER OF LAST WILL AND TESTAMENT OF DALAND

... The issue before me is whether a validly executed will can be reformed by inserting language intended to exercise testator's powers of appointment over his parents' trusts, language which is alleged to have been omitted mistakenly by the scrivener during the process of drafting ...