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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
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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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Jennifer A. Beckman

Farms, Wills & Probate, Estate, Family Law, Divorce

Status: In Good Standing Licensed: 37 Years

CONTACT

14550 Excelsior Blvd, Hopkins, MN 55345

Geraldine Carlen Steen

Family Law, Wills & Probate, Divorce, Farms

Status: Inactive Licensed: 37 Years

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14550 Excelsior Blvd, Minnetonka, MN 55345

Nicole Lee Concordia

Estate, Business Organization

Status: In Good Standing Licensed: 15 Years

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5812 Eden Prairie Road, Minnetonka, MN 55345

David L Vegemast

Income Tax, Corporate Tax, Tax, Gift Taxation

Status: In Good Standing Licensed: 35 Years

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3640 Urbandale Lane North, Minneapolis, MN 55446

Gary R. Ostos Irwin

Lawsuit & Dispute, Estate, Business

Status: In Good Standing Licensed: 40 Years

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15735 17Th Pl N, Minneapolis, MN 55447

Peter Carl Brehm

Gift Taxation, Corporate, Business, Car Accident

Status: In Good Standing Licensed: 27 Years

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12800 Whitewater Dr, Hopkins, MN 55343

Joseph Brian Lee-Gilligan

General Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

15416 Highwood Drive, Minnetonka, MN 55345

Mary Alice Fleming

Traffic, Estate, Wrongful Termination, Family Law, Car Accident

Status: In Good Standing Licensed: 28 Years

CONTACT

601 Carlson Pkwy, Hopkins, MN 55305

Richard Lee Jensen

Wills, Employment Discrimination, Elder Law, Business & Trade

Status: In Good Standing Licensed: 47 Years

CONTACT

8680 Grier Ln, Hopkins, MN 55344

Richard L Jensen

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

8680 Grier Ln, Hopkins, MN 55344

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

LIFE BENEFICIARY

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

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.'

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

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.

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Lester Prairie Estate Lawyer, Minnesota, page 4

Sponsored Law Firm

Morris Law Group PA

SPONSORED LAWYERS

Jennifer A. Beckman

Geraldine Carlen Steen

Nicole Lee Concordia

David L Vegemast

Gary R. Ostos Irwin

Peter Carl Brehm

Joseph Brian Lee-Gilligan

Mary Alice Fleming

Richard Lee Jensen

Richard L Jensen

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

SPENDTHRIFT TRUST

LIFE BENEFICIARY

DISTRIBUTEE

BENEFICIARY

PRETERMITTED HEIR

IRREVOCABLE TRUST

RULE AGAINST PERPETUITIES

ABATEMENT

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