Brady Lake Trusts Lawyer, Ohio

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David G. Umbaugh

Real Estate, Trusts, Estate, Business
Status:  In Good Standing           

Amanda Lewis

Family Law, Juvenile Law, Trusts, Estate Planning
Status:  In Good Standing           Licensed:  16 Years

Barbara Griffin

Litigation, Trusts, Immigration, Criminal
Status:  In Good Standing           Licensed:  12 Years

Bill Bockanic

Personal Injury, International Other, Trusts, Traffic
Status:  In Good Standing           Licensed:  51 Years

Cecily Mullins

Litigation, Constitutional Law, Trusts, Family Law
Status:  In Good Standing           

Christopher John Mallin

Criminal, Election & Political, Trusts, Personal Injury
Status:  In Good Standing           Licensed:  51 Years

David Worhatch

Litigation, Trusts, Employee Rights, Criminal
Status:  In Good Standing           Licensed:  43 Years

Derrick Phillip Hall

General Practice
Status:  In Good Standing           Licensed:  15 Years

Dj Prehn

Personal Injury, Trusts, Family Law, Commercial Real Estate
Status:  In Good Standing           Licensed:  23 Years

Estelle Dolores Flasck

Trusts, Divorce, Bankruptcy, Personal Injury, Transactions
Status:  In Good Standing           Licensed:  37 Years

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LEGAL TERMS

FAMILY POT TRUST

See pot trust.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)
A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)
An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)
The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)
To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

FAILURE OF ISSUE

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

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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.

SAMPLE LEGAL CASES

Pack v. Osborn

... Alternatively, the trustee requested that the trust be reformed to meet the current statutory and regulatory standards for trusts that are noncountable resources. [1]. ... Restatement of the Law 2d, Trusts (1959), Section 2, comment f. ...

Bank One Trust Co., NA v. Scherer

... Roger died in 1982. Pursuant to the trust agreement, Bank One was to form three trusts: one for Roger's son, Ronald; one for Roger's daughter, Linda Scherer Talbott; and one for Roger's surviving spouse, Betty J. Scherer. The ...

Kormanik v. Cooper

... {¶ 2} These appeals involve cases in which Kormanik, acting as appointed guardian for two individuals who were found to be incompetent, filed actions in the probate court seeking to have qualifying pooled special-needs trusts established, pursuant to Section 1396p(d)(4)(C ...

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