Saint-Nicolas Estate Lawyer, Quebec

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Jean-François Cavanagh

Construction, Wills & Probate, Business & Trade, Transactions
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  22 Years

Jean-Louis Vaillancourt

Immigration, Wills & Probate, Banking & Finance, Consumer Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  53 Years

Mario Lacombe

Corporate, Merger & Acquisition, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  46 Years

Carl Tremblay

Corporate, Merger & Acquisition, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  37 Years

Nicolas Gosselin

Bankruptcy & Debt, Construction, Litigation, Wills & Probate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  29 Years

Denis Boutin

Government, Municipal, Wills & Probate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  52 Years

Lucien Godbout

Bankruptcy & Debt, Wills & Probate, Real Estate, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

Christina Bouchard

Family Law, Wills & Probate, Juvenile Law, Mediation
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  22 Years

Michel Paradis

Wills & Probate, Administrative Law, Transportation & Shipping
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  43 Years

Didier Poisson

Bankruptcy & Debt, Litigation, Wills & Probate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  11 Years

Free Help: Use This Form or Call 800-814-6700

Member Representative

Call me for fastest results!
800-814-6700

Free Help: Use This Form or Call 800-814-6700

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LEGAL TERMS

HEIR APPARENT

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

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.

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.

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)
A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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