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Raywood Wills & Probate Lawyer, Texas

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Includes: Estate Administration, Living Wills, Wills

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1-4 of 4 matches. Page 1 of 1  

Edward B. Pickett

Commercial Real Estate, Oil & Gas, Wills, Business & Trade
Status:  In Good Standing           Licensed:  61 Years
CONTACT
524 Travis St, Liberty, TX 77575
Profile LAWPOINTS™29/100
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Ronny O. Norwood

Commercial Real Estate, Litigation, Oil & Gas, Wills, Motor Vehicle
Status:  In Good Standing           Licensed:  52 Years
CONTACT
517 Travis St, Liberty, TX 77575
Profile LAWPOINTS™34/100
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Lameka Anne Trahan

Commercial Real Estate, Wills, Family Law, Criminal
Status:  In Good Standing           Licensed:  20 Years
CONTACT
404 Main St, Liberty, TX 77575
Profile LAWPOINTS™24/100
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Dan Casey Stinnett

Commercial Real Estate, Real Estate, Wills, Estate
Status:  In Good Standing           Licensed:  22 Years
CONTACT
Liberty, TX 77575
Profile LAWPOINTS™19/100
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LEGAL TERMS

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

NONPROBATE

The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surv... (more...)
The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts and life insurance. Property that avoids probate is sometimes described as the 'nonprobate estate.' Nonprobate distribution may also occur if the deceased person leaves an invalid will. In that case, property will pass according to the particular state's laws of intestate succession.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)
Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

FAILURE OF ISSUE

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

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)
The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

SAMPLE LEGAL CASES

Frost Nat. Bank v. Fernandez

... The principal issue on appeal is whether the district court had jurisdiction to render summary judgment when similar bill of review proceedings and applications 497 for determination of heirship were pending in the probate court. ... 3. Probate Code. ...

In re Estate of Gaines

... The will also named Green and his wife the guardians of Gaines's children. Davis did not submit an application to probate Gaines's will for over three years after Gaines's death. ... In response, Davis submitted an application to probate Gaines's will on October 13, 2006. ...

In re Estate of Walker

... They appeal from an order of the probate court denying them relief in their complaint regarding an amended inventory filed by the independent executor of the deceased's estate. ... Beasley filed an application to probate the deceased's will on August 18, 2003. ...

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