Hobart Estate Lawyer, Washington, page 4

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David Lyons
About | Practice Areas
Lyons | Sullivan
10655 NE 4th Street, Suite 704 Bellevue, WA 98004» view map
Estate
Serving The Best Interests Of Our Clients

Our estate planning services enable clients to take control and achieve their goals regarding the disposition of their property.

800-731-8671
1. David Lyons Bellevue, WA
  Attorney at Law - WA, 1980
  Gonzaga University SOL, J.D., 1979
2. AboutLyons | Sullivan
  Over 20 years of experience.
3. Practice AreasExpertise
  Estate Law
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Janet A. Irons

Estate Planning, Litigation, Business & Trade, Commercial Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

Issaquah, WA 98027

Janet K Huson

Wills, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 30 Years

CONTACT

Maple Valley, WA 98038

Jeanette Bowers Weaver

Estate Planning, Criminal, Contract, Business

Status: In Good Standing Licensed: 27 Years

CONTACT

Issaquah, WA 98027

Jeffrey M. Werthan

Wills, Estate Planning, Business & Trade, Commercial Bankruptcy

Status: Retired Licensed: 38 Years

CONTACT

22525 Se 64Th Pl, Issaquah, WA 98027

Jerry William Bird

Commercial Real Estate, Wills, Estate Planning, Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

463 Nw 8Th St, North Bend, WA 98045

John C Sullivan

Real Estate, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 38 Years

CONTACT

999 Lake Dr, Issaquah, WA 98027

John K. Eason

International, Estate, Civil & Human Rights

Status: In Good Standing Licensed: 32 Years

CONTACT

7510 Pinnacle Pl Se, Snoqualmie, WA 98065

Kara Elizabeth Hobbs

Tax, Intellectual Property, Estate Planning

Status: In Good Standing Licensed: 26 Years

CONTACT

Issaquah, WA 98027

Karen L. Andres

Commercial Bankruptcy, Commercial Real Estate, Estate Planning, Real Estate

Status: Inactive Licensed: 62 Years

CONTACT

Maple Valley, WA 98038

Kathleen Ellen Steed-Luick

Land Use & Zoning, Estate Planning, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 33 Years

CONTACT

21711 Ne 16Th St, Issaquah, WA 98074

800-923-0641

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LEGAL TERMS

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.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

DEED OF TRUST

See trust deed.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

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Hobart Estate Lawyer, Washington, page 4

Sponsored Law Firm

Lyons | Sullivan

SPONSORED LAWYERS

Janet A. Irons

Janet K Huson

Jeanette Bowers Weaver

Jeffrey M. Werthan

Jerry William Bird

John C Sullivan

John K. Eason

Kara Elizabeth Hobbs

Karen L. Andres

Kathleen Ellen Steed-Luick

TIPS

LEGAL TERMS

QTIP TRUST

GROSS ESTATE

SUCCESSOR TRUSTEE

ABATEMENT

PROBATE

DEED OF TRUST

REAL ESTATE AGENT

NET ESTATE

FINAL BENEFICIARY

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