Putnam Estate Planning Lawyer, Texas
Includes: Gift Taxation
SPONSORED LAWYERS
1-6 of 6 matches. Page 1 of 1
Lisa Chavez - Owens
Business Organization, Energy, Estate Planning, Guardianships & Conservatorships
Status: In Good Standing
290 Cedar, Abilene, TX 79601
Profile LAWPOINTS™45/100
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John Joseph O'Connell
International, Trucking, Gift Taxation, Slip & Fall Accident
Status: In Good Standing Licensed: 32 Years
8150 Drovers Lane, Abilene, TX 79602
Profile LAWPOINTS™33/100
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290 Cedar St, Abilene, TX 79601
Profile LAWPOINTS™34/100
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Darrell W. Moore
Real Estate, Estate Planning, Family Law, Banking & Finance
Status: In Good Standing
290 Cedar, Abilene, TX 79601
Profile LAWPOINTS™45/100
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Chester A. Caldwell
Intellectual Property, Estate Planning, Corporate, Banking & Finance
Status: In Good Standing
Abilene, TX 79604
Profile LAWPOINTS™34/100
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George Philip Morehead
Wills, Gift Taxation, Estate, Business & Trade
Status: In Good Standing Licensed: 55 Years
1326 County Road, Tuscola, TX 79562
Profile LAWPOINTS™21/100
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LEGAL TERMS
CHARITABLE TRUST
Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).
COUNTERCLAIM
A defendant's court papers that seek to reverse the thrust of the lawsuit by claiming that it was the plaintiff -- not the defendant -- who committed legal wron... (more...)
A defendant's court papers that seek to reverse the thrust of the lawsuit by claiming that it was the plaintiff -- not the defendant -- who committed legal wrongs, and that as a result it is the defendant who is entitled to money damages or other relief. Usually filed as part of the defendant's answer -- which also denies plaintiff's claims -- a counterclaim is commonly but not always based on the same events that form the basis of the plaintiff's complaint. For example, a defendant in an auto accident lawsuit might file a counterclaim alleging that it was really the plaintiff who caused the accident. In some states, the counterclaim has been replaced by a similar legal pleading called a cross-complaint. In other states and in federal court, where counterclaims are still used, a defendant must file any counterclaim that stems from the same events covered by the plaintiff's complaint or forever lose the right to do so. In still other states where counterclaims are used, they are not mandatory, meaning a defendant is free to raise a claim that it was really the plaintiff who was at fault either in a counterclaim or later as part of a separate lawsuit.
PETITION
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.
INCOMPETENCE
The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)
The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'
RESIDUARY ESTATE
The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)
The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.
ENTITY
An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)
An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.
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).
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.
HEIR AT LAW
A person entitled to inherit property under intestate succession laws.
SAMPLE LEGAL CASES
Smith v. O'DONNELL
... 192 SW3d 780 (Tex.2006). 234 SW3d 135, 138. In Belt, we held that an executor
was in privity with the decedent's attorneys and could sue them for estate-planning
malpractice. 192 SW3d at 787. A prior case, Barcelo v. Elliott ...
In re Townley Bypass Unified Credit Trust
252 SW3d 715 (2008). In re TOWNLEY BYPASS UNIFIED CREDIT TRUST. No.
06-07-00025-CV. Court of Appeals of Texas, Texarkana. Submitted February 13, 2008.
Decided April 9, 2008. 717 William E. Wylie, William E. Wylie ...
In re Estate of Henry
... in the 1996 revocable living trust agreement. In 2004, Thomas Henry and Ms. Henry
met with Warren Nystrom, an attorney whose practice included estate planning
and preparation of wills. On October 19, 2004, at the office ...
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