Marietta Estate Lawyer, Mississippi

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Gerald Gaggini
About | Practice Areas
Gerald Gaggini - Attorney at Law
2500 Hickory Wood Drive Tupelo, MS 38801» view map
Estate Law
Experience You Can Trust

Over the years, Attorney Gaggini has aquired significant litigation experience in Mississippi's county and circuit courts.

800-521-7020
1. Gerald Gaggini Tupelo, MS
  Attorney at Law- MS, 1999
  Mississippi College School of Law, J.D. 1999
2. AboutGerald Gaggini - Attorney at Law
  Experience You Can Trust
3. Practice AreasExpertise
  Estate Law
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Brent McBride

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Criminal, Estate, Divorce & Family Law

W Brent McBride is a practicing lawyer in the state of Mississippi.

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CONTACT

800-971-6540

211 N Madison St, Tupelo, MS 38802

Henderson M. Jones

Wills & Probate, Family Law, Bad Faith Insurance, Medical Malpractice

Status: In Good Standing

FREE CONSULTATION

CONTACT

342 North Broadway Street, Tupelo, MS 38804

Sylvia Savini Owen

Criminal, Estate, Traffic

Status: In Good Standing Licensed: 29 Years

CONTACT

311 Magazine St, Tupelo, MS 38802

Paige C Bush-Scruggs

Real Estate, Lawsuit & Dispute, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 21 Years

CONTACT

360 N Broadway St, Tupelo, MS 38804

Maria House

Estate

Status: In Good Standing Licensed: 15 Years

CONTACT

500 West Main Street, Tupelo, MS 38804

Maria House

Estate

Status: In Good Standing Licensed: 15 Years

CONTACT

500 West Main Street, Tupelo, MS 38804

Jason D. Herring

Family Law, Medical Malpractice, Wills & Probate, Bad Faith Insurance, Slip & Fall Accident

Status: In Good Standing Licensed: 26 Years

CONTACT

Tupelo, MS 38802

E Payne Atkinson

Gift Taxation, Commercial Real Estate, Health Care Other, Trusts

Status: In Good Standing Licensed: 23 Years

CONTACT

Tupelo, MS 38802

800-923-0641

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LEGAL TERMS

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.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

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.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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.

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.

CREDIT SHELTER TRUST

See AB trust.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

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Marietta Estate Lawyer, Mississippi

Sponsored Law Firm

Gerald Gaggini - Attorney at Law

SPONSORED LAWYERS

Brent McBride

Henderson M. Jones

Sylvia Savini Owen

Paige C Bush-Scruggs

Maria House

Maria House

Jason D. Herring

E Payne Atkinson

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LEGAL TERMS

SPECIFIC BEQUEST

PER CAPITA

RULE AGAINST PERPETUITIES

BANKRUPTCY ESTATE

INHERITANCE TAXES

EXEMPTION TRUST

CREDIT SHELTER TRUST

MARITAL LIFE ESTATE TRUST

QTIP TRUST

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