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Red Lake Falls Trusts Lawyer, Minnesota

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Louann Carol Mcglynn

General Practice
Status:  In Good Standing           Licensed:  22 Years
CONTACT
30842 160Th Avenue S.E., Mentor, MN 56736
Profile LAWPOINTS™24/100
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William D Muldoon

Real Estate, Trusts, Wills & Probate
Status:  In Good Standing           Licensed:  53 Years
CONTACT
Red Lake Falls, MN 56750
Profile LAWPOINTS™12/100
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William D Muldoon

General Practice
Status:  In Good Standing           Licensed:  53 Years
CONTACT
Red Lake Falls, MN 56750
Profile LAWPOINTS™12/100
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Michael Lee Lacoursiere

General Practice
Status:  In Good Standing           Licensed:  30 Years
CONTACT
117 Main Avenue, Red Lake Falls, MN 56750
Profile LAWPOINTS™12/100
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Kevin Thomas Duffy

Accident & Injury, Criminal, Estate, Lawsuit & Dispute, Real Estate
Status:  In Good Standing           Licensed:  43 Years
CONTACT
1008 W 2Nd St, Thief River Falls, MN 56701
Profile LAWPOINTS™24/100
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Stephen Dale Larson

General Practice
Status:  In Good Standing           Licensed:  13 Years
CONTACT
201 N. Broadway, Crookston, MN 56716
Profile LAWPOINTS™34/100
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Stephen Dale Larson

General Practice
Status:  In Good Standing           Licensed:  13 Years
CONTACT
201 N. Broadway, Crookston, MN 56716
Profile LAWPOINTS™34/100
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Stephanie J.S. Harbott

Estate Planning, Family Law, Criminal, Commercial Real Estate, Business
Status:  In Good Standing           Licensed:  24 Years
CONTACT
738 Groveland Avenue, Crookston, MN 56716
Profile LAWPOINTS™34/100
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Charles Fitzgerald

General Practice
Status:  In Good Standing           Licensed:  48 Years
CONTACT
14487 Maple Inn Road S.E., Mentor, MN 56736
Profile LAWPOINTS™17/100
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Charles Alan Stock

Lawsuit & Dispute, Employment, Bankruptcy & Debt, Accident & Injury
Status:  In Good Standing           Licensed:  32 Years
CONTACT
407 N. Broadway, Crookston, MN 56716
Profile LAWPOINTS™24/100
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Easily find Red Lake Falls Trusts Lawyers and Red Lake Falls Trusts Law Firms. For more attorneys, search all Estate areas including Estate Planning, Wills & Probate and Power of Attorney attorneys.

LEGAL TERMS

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.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

PREDECEASED SPOUSE

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

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)
A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

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.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

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.

CREDIT SHELTER TRUST

See AB trust.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)
A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

SAMPLE LEGAL CASES

US BANK NA v. Cold Spring Granite Co.

... Thomas Moore, Ann McCabe, and US Bank (Moores) are trustees of eight appellant family trusts (Moore Trusts) that brought suit against respondent Cold Spring Granite Company (CSG) and its chairman and CEO respondent Patrick D. Alexander after CSG stock belonging to ...

IN RE ROSCKES v. County of Carver

... intent to limit Medicaid to the financially needy, many individuals exploited a loophole in the Medicaid statute allowing them to attain Medicaid eligibility while preserving assets for their heirs by transferring their assets to irrevocable Medicaid-qualifying trusts (MQTs). ...

Swenson v. Bender

... Carlson v. SALA Architects, Inc., 732 NW2d 324, 331 (Minn.App.2007), review denied (Minn. Aug. 21, 2007). Fiduciary relationships arise when one person trusts and confides in another who has superior knowledge and authority. Id. at 330. ...

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