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Richard Morris
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Morris Law Group PA
7380 France Ave S. Suite 250 Edina, MN 55435» view map
Accident & Injury Law
We Are Experts In What We Do

Whether it’s your home or business, you are important to us. Reach out today to set up a meeting with one of our experienced Edina lawyers.

800-872-9610
1. Richard Morris Edina, MN
  Attorney at Law- MN, 1974
  William Mitchell College of Law, J.D.
2. AboutMorris Law Group PA
  We Are Experts In What We Do
3. Practice AreasExpertise
  Accident & Injury
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Lori Skibbie

Estate Administration, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing

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6900 Wedgwood Road, Osseo, MN 55311

Cathy Ann Wagner

Wills & Probate, Trusts, Divorce & Family Law, Business

Status: In Good Standing

FREE CONSULTATION

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21308 John Milless Drive, Rogers, MN 55374

Becky L. Martin

Wills & Probate, Trusts, Divorce & Family Law, Business

Status: In Good Standing

FREE CONSULTATION

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21308 John Milless Drive, Rogers, MN 55374

James E. Snoxell

Business, Non-profit, Limited Liability Companies, Estate Planning

Status: In Good Standing

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6900 Wedgwood Road, Osseo, MN 55311

Elizabeth L. Juelich

International, Estate, Family Law, Divorce & Family Law

Status: In Good Standing

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601 Carlson Parkway, Minnetonka, MN 55305

Susan T. Peterson

Estate Administration, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 22 Years

CONTACT

6900 Wedgwood Road, Osseo, MN 55311

John (Jack) L Neveaux Jr.

Business Organization, Personal Injury, Employment Contracts, Wills & Probate

Status: In Good Standing

FREE CONSULTATION

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1421 East Wayzata Blvd., Wayzata, MN 55391

T. Melissa Gotfredson

Estate Planning, Estate

Status: In Good Standing

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11670 Fountains Dr., Osseo, MN 55369

Todd R Haugan

Commercial Real Estate, Litigation, Estate Planning, Family Law

Status: In Good Standing

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746 E Mill St, Wayzata, MN 55391

David J Kelly

Real Estate, Wills & Probate, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

11900 Wayzata Blvd, Hopkins, MN 55305

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LEGAL TERMS

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

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.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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.

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.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

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Hamel Estate Lawyer, Minnesota

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Lori Skibbie

Cathy Ann Wagner

Becky L. Martin

James E. Snoxell

Elizabeth L. Juelich

Susan T. Peterson

John (Jack) L Neveaux Jr.

T. Melissa Gotfredson

Todd R Haugan

David J Kelly

TIPS

LEGAL TERMS

SWEARING MATCH

LAPSE

ACCUMULATION TRUST

TRUST DEED

QTIP TRUST

SPRINKLING TRUST

NONPROBATE

SPENDTHRIFT TRUST

ENDOWMENT INSURANCE

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