Ogunquit Wills & Probate Lawyer, Maine
Includes: Estate Administration, Living Wills, Wills
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1-5 of 5 matches. Page 1 of 1
Kathryn Bedell
Wills, Estate Administration, Estate Planning, Guardianships & Conservatorships
Status: In Good Standing
408 U.S. Route One, York, ME 03909
Profile LAWPOINTS™34/100
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Smilie Gregg Rogers
Tax, Wills & Probate, Estate Planning, Estate, Elder Law
Status: In Good Standing Licensed: 18 Years
279 York Street, No. 2, York, ME 03909
Profile LAWPOINTS™29/100
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Barbara S. Schlichtman
Government, Estate Administration, Elder Law, Personal Injury
Status: In Good Standing Licensed: 33 Years
3 Webhannet Place, Kennebunk, ME 04043
Profile LAWPOINTS™34/100
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Jeffrey Zdunczyk
Real Estate, Business, Wills & Probate, Estate Planning
Status: In Good Standing Licensed: 30 Years
FREE CONSULTATION 
CONTACT 21C Western Ave, Kennebunk, ME 04043
Profile LAWPOINTS™34/100
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Alan E. Shepard
Commercial Real Estate, Land Use & Zoning, Wills, Criminal, Corporate
Status: In Good Standing Licensed: 41 Years
93 Main Street, Kennebunk, ME 04043
Profile LAWPOINTS™24/100
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LEGAL TERMS
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.'
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.
GRANTOR
Someone who creates a trust. Also called a trustor or settlor.
INTESTATE SUCCESSION
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.
TAKING AGAINST THE WILL
A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)
A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.
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.
ADMINISTRATOR
A person appointed by a probate court to handle the distribution of property of someone who has died without a will, or with a will that fails to name someone t... (more...)
A person appointed by a probate court to handle the distribution of property of someone who has died without a will, or with a will that fails to name someone to carry out this task. administrator ad litem A person appointed by a probate court to represent an estate during a lawsuit. (Ad litem is Latin for 'during the litigation.') An administrator ad litem is appointed only if there is no existing executor or administrator of the estate, or if the executor or administrator has conflicting interests. For example, Jerry's will leaves most of his property to his brother, Jeff, and also names Jeff as executor of the will. But Jerry's sister, Janine, feels that Jerry made the will under improper pressure from Jeff, and brings a lawsuit to challenge it. The court appoints an administrator ad litem to represent Jerry's estate while the lawsuit is in progress. Also known as administrator ad prosequendum, meaning administrator 'during the prosecution.' administrator ad prosequendum See administrator ad litem.administrator cum testamento annexo See administrator with will annexed. administrator de bonis non (DBN) Latin for 'administrator of goods not administered.' This term refers to the person appointed by a probate court to finish probate proceedings when the executor or previous administrator can't finish the job.administrator de bonis non cum testamento annexo (DBNCTA) A baffling title for an administrator appointed by a probate court to take over probate proceedings when the named executor dies, leaving the job unfinished.administrator pendente lite Latin for 'administrator pending litigation.' This term refers to the person appointed by a court to begin probate proceedings during a lawsuit that challenges the will. The administrator pendente lite takes an inventory of the deceased person's property and handles the business affairs of the estate until the dispute is settled. Also called a special administrator.administrator with will annexed An administrator who takes the place of an executor under a will. The administrator steps in either when a will fails to nominate an executor or the named executor is unable to serve. Also called administrator cum testamento annexo or CTA, the Latin version of 'with the will annexed.'
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.
SAMPLE LEGAL CASES
In re Estate of Kingsbury
... Dissent: SAUFLEY, CJ, and ALEXANDER, and SILVER, JJ. CLIFFORD, J. [¶ 1] The estate of
Bruce H. Kingsbury, through its personal representative, Robin L. Whorff, appeals from an order
entered in the Sagadahoc County Probate Court (Voorhees, J.) (1) providing that Whorff ...
IN RE ESTATE OF LIPIN
... PER CURIAM. [¶ 1] Joan Carol Lipin challenges the denial of her request for recusal
entered in the Cumberland County Probate Court (Mazziotti, J.) in connection with
the probate of the estate of her father, Theodore Lipin. We ...
Edwards v. Campbell
... Campbell has appealed. II. DISCUSSION. [¶ 6] Campbell first contends that the court lacked
subject matter jurisdiction to issue the contempt order as to the trust accounting, arguing instead
that the Probate Court has exclusive jurisdiction over such matters. ...
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