Lester Prairie 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           

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Becky L. Martin

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

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Elizabeth L. Juelich

International, Estate, Family Law, Divorce & Family Law
Status:  In Good Standing           

Lori Skibbie

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

James E. Snoxell

Business, Non-profit, Limited Liability Companies, Estate Planning
Status:  In Good Standing           

Richard D. Bunin

Government Agencies, Wills & Probate, Franchising, Banking & Finance
Status:  In Good Standing           

Jason G. Schmit

Franchising, Banking & Finance, Wills & Probate, Government Agencies
Status:  In Good Standing           

Jennifer Kalsow Frantz

Estate, Real Estate, Elder Law, Contract
Status:  In Good Standing           

Christopher Allen Kleiman

Real Estate, Social Security, Estate, Wrongful Termination, Business
Status:  In Good Standing           Licensed:  27 Years

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Lawyer.com can help you easily and quickly find Lester Prairie Estate Lawyers and Lester Prairie 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

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)
A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

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.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)
To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

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.

DEVISEE

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

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.