Redmond Estate Planning Lawyer, Washington, page 4

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David Lyons
About | Practice Areas
Lyons | Sullivan
10655 NE 4th Street, Suite 704 Bellevue, WA 98004» view map
Estate
Serving The Best Interests Of Our Clients

Our estate planning services enable clients to take control and achieve their goals regarding the disposition of their property.

800-731-8671
1. David Lyons Bellevue, WA
  Attorney at Law - WA, 1980
  Gonzaga University SOL, J.D., 1979
2. AboutLyons | Sullivan
  Over 20 years of experience.
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

Benjamin Gordon Beckstead

Tax, Gift Taxation

Status: Inactive Licensed: 32 Years

CONTACT

506 215Th Ct Se, Sammamish, WA 98074

Philip R. Shucklin

Federal, Estate Planning, Family Law, Corporate, Medical Malpractice

Status: In Good Standing

CONTACT

2000 112Th Ave Ne, Bellevue, WA 98004

Karlie M Valdez

Traffic, Estate Planning, Estate, Criminal

Status: In Good Standing Licensed: 22 Years

CONTACT

5400 Carillon Pt, Kirkland, WA 98033

Elizabeth M. Quick

Estate Planning, Consumer Protection, Personal Injury, Car Accident

CONTACT

520 Kirkland Way, Kirkland, WA 98033

John S. Palmer

Wills, Estate Planning, Guardianships & Conservatorships, Elder Law

Status: In Good Standing Licensed: 34 Years

CONTACT

11911 NE 1st St, Bellevue, WA 98005

Nahal Nabavinejad

Real Estate, Litigation, Estate Planning, Business, Collection

Status: In Good Standing

CONTACT

777 108Th Ave Ne, Bellevue, WA 98004

Jeffrey Keith Possinger

Litigation, Estate Planning, Civil Rights, Corporate

Status: In Good Standing

CONTACT

Woodinville, WA 98072

Wesley Dayle Bates

Estate Planning, Civil Rights, Corporate, Commercial Bankruptcy

Status: In Good Standing Licensed: 28 Years

CONTACT

18530 156Th Ave Ne, Woodinville, WA 98072

Brook Andrew Goddard

Wills, Estate Planning, Family Law, Civil Rights

Status: In Good Standing

CONTACT

155 108th Ave NE, Bellevue, WA 98004

Charity Anastasio

International Tax, Estate Planning, Family Law, Elder Law

Status: In Good Standing

CONTACT

12510 128Th Ln Ne, Kirkland, WA 98034

800-923-0641

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800-943-8690

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LEGAL TERMS

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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.

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.

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.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

SAMPLE LEGAL CASES

IN RE ESTATE OF PALMER

... According to Fivecoat, the Palmers wanted to make a charitable contribution to World Gospel Mission after hearing his presentation on estate planning and charitable giving at an annual World Gospel Mission missionary conference. ...

IN RE DISCIPLINARY PROC. AGAINST BOTIMER

... The complaint alleged three counts of violating the RPCs stemming from Botimer's representation of Ruth in her tax, business, and estate planning matters. ... Botimer also assisted Ruth on estate planning matters, while advising Jan as a potential beneficiary of Ruth's estate. ...

State v. Thompson

... She said they needed the gifting power provided by the second power of attorney in order to do "estate planning" for Crawford. She said they spent Crawford's money on their charter business because it was a safer investment than the stock market. ...

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Redmond Estate Planning Lawyer, Washington, page 4

Sponsored Law Firm

Lyons | Sullivan

SPONSORED LAWYERS

Benjamin Gordon Beckstead

Philip R. Shucklin

Karlie M Valdez

Elizabeth M. Quick

John S. Palmer

Nahal Nabavinejad

Jeffrey Keith Possinger

Wesley Dayle Bates

Brook Andrew Goddard

Charity Anastasio

TIPS

LEGAL TERMS

INVESTOR

SPENDTHRIFT TRUST

POWER OF APPOINTMENT

QTIP TRUST

TAKING AGAINST THE WILL

AB TRUST

HEIR APPARENT

INTER VIVOS TRUST

PUBLIC ADMINISTRATOR

SAMPLE LEGAL CASES

IN RE ESTATE OF PALMER

IN RE DISCIPLINARY PROC. AGAINST BOTIMER

State v. Thompson

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