Big Lake Estate Lawyer, Minnesota

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David Martin Bolt Lawyer

David Martin Bolt

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Accident & Injury, Divorce & Family Law, Estate, Elder Law, Car Accident

Before working as a Minnesota personal injury lawyer and wrongful death attorney, David Bolt represented insurance companies, railroads, and other per... (more)

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800-880-2190

Cathy Ann Wagner

Wills & Probate, Trusts, Divorce & Family Law, Business
Status:  In Good Standing           

FREE CONSULTATION 

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Becky L. Martin

Wills & Probate, Trusts, Divorce & Family Law, Business
Status:  In Good Standing           

FREE CONSULTATION 

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Lori Skibbie

Estate Administration, Estate Planning, Guardianships & Conservatorships, Elder Law
Status:  In Good Standing           

Melissa Ann Bieber

Divorce & Family Law, Estate, Real Estate, Equine
Status:  In Good Standing           Licensed:  30 Years

James William Hess

Business, Real Estate, Wills & Probate, Estate
Status:  In Good Standing           

David M. Cox

Landlord-Tenant, Wills & Probate, Divorce, DUI-DWI, Corporate
Status:  In Good Standing           

D. Scott Berry

Construction, Estate Planning, Divorce, Collection
Status:  In Good Standing           

Theodore Todd Schroeppel

Estate, Real Estate, Business
Status:  In Good Standing           Licensed:  28 Years

Douglas A Schroeppel

Estate, Elder Law, Real Estate, Power of Attorney
Status:  In Good Standing           Licensed:  57 Years

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Lawyer.com can help you easily and quickly find Big Lake Estate Lawyers and Big Lake Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

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.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)
A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)
The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)
A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

CURATOR

See conservator.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)
A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)
Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.