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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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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

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342 North Broadway Street, Tupelo, MS 38804

Daniel Hudson Sparks

Estate, Criminal

Status: In Good Standing Licensed: 16 Years

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Belmont, MS 38827

Eugene B Gifford

Lawsuit & Dispute, Government, Estate

Status: In Good Standing Licensed: 65 Years

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105 S. Main Street, Booneville, MS 38829

Lori Nail Basham

International, Industry Specialties, Estate, Business

Status: In Good Standing Licensed: 24 Years

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Fulton, MS 38843

Peggy Hodges

Immigration, Wills, Elder Law, Bankruptcy

Status: In Good Standing

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343 County Road, Saltillo, MS 38866

Peggy Maureen Hodges

Estate Planning, Family Law, Criminal, Bankruptcy, Immigration

Status: In Good Standing Licensed: 42 Years

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343 County Road, Saltillo, MS 38866

Raymond G O'Neal

Real Estate, Industry Specialties, Government, Estate

Status: In Good Standing Licensed: 36 Years

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133 Meadow Street, Fulton, MS 38843

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

Madeline Ruth White

Power of Attorney, Estate Planning, Elder Law, Medical Malpractice, Business

Status: In Good Standing Licensed: 14 Years

CONTACT

363 N Green St, Tupelo, MS 38804

800-923-0641

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LEGAL TERMS

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living 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 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). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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New Site Estate Lawyer, Mississippi

Sponsored Law Firm

Gerald Gaggini - Attorney at Law

SPONSORED LAWYERS

Brent McBride

Henderson M. Jones

Daniel Hudson Sparks

Eugene B Gifford

Lori Nail Basham

Peggy Hodges

Peggy Maureen Hodges

Raymond G O'Neal

Paige C Bush-Scruggs

Madeline Ruth White

TIPS

LEGAL TERMS

AB TRUST

CONTINGENT BENEFICIARY

GENERATION-SKIPPING TRANSFER TAX

TRUST CORPUS

FAILURE OF ISSUE

REMAINDERMAN

PER STIRPES

CONSERVATOR

GENERATION-SKIPPING TRUST

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