Chestnut Mountain Estate Lawyer, Georgia

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William Faulkner
About | Practice Areas
Faulkner Law Offices, LLC
331 Washington Avenue Marietta, GA 30060» view map
Estate Law
Plan For Your Future In Life And Business

Let Stan Faulkner, lead counsel at Faulkner Law Offices, help with your family's estate plan or business law strategy. He can streamline the entire legal process for you.

800-793-1121
1. https://www.lawyer.com/imgup/m/ecae876fb446db326350115e8070920e.jpg William Faulkner
  Attorney at Law- GA, 2001
  Saint Louis University School of Law, J.D. 2001
2. AboutFaulkner Law
  Plan For Your Future In Life And Business
3. Practice AreasExpertise
  Estate Law
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J. C. Highsmith

Status:

CONTACT

200 Main St. Sw, Gainesville, GA 30501

James M. Coyle

Tax, Trusts, Estate Planning, Corporate

Status:

CONTACT

200 Main St. Sw, Gainesville, GA 30501

J. Douglas Stewart

Construction, Estate Planning, Contract, Banking & Finance

Status:

CONTACT

200 Main St. Sw, Gainesville, GA 30501

Frank R. McKay

Real Estate, Litigation, Estate Planning, Family Law

Status:

CONTACT

200 Main St. Sw, Gainesville, GA 30501

W. Woodrow Stewart

Business Organization, Estate Planning, Tax, Trusts

CONTACT

200 Main St. Sw, Gainesville, GA 30501

Zachary Price Grant

Tax, Estate Planning, Business Successions

Status: Licensed: 8 Years

CONTACT

4110 Continental Drive, Chestnut Mountain, GA 30566

Donna Louise Lockwood-Sims

Military & Veterans Appeals, Estate, Family Law, Criminal

Status: Licensed: 27 Years

CONTACT

5870 Meadowfield Trace, Flowery Branch, GA 30542

William John Schneider

Accident & Injury, Criminal, Traffic, Wills, DUI-DWI

Status: Licensed: 33 Years

CONTACT

5505 Golf Club Drive, Braselton, GA 30517

Christopher David Elrod

Wills & Probate, Divorce, Divorce & Family Law, Criminal

Status: Licensed: 29 Years

CONTACT

4209 Oakwood Road, Oakwood, GA 30566

Daniel M. Seckers

International Tax, International, Gift Taxation, Tax, Tax

Status:

CONTACT

6417 Arborwood Dr, Flowery Branch, GA 30542

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LEGAL TERMS

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

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.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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.

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.

Chestnut Mountain Estate Lawyer, Georgia

Sponsored Law Firm

Faulkner Law Offices, LLC

SPONSORED LAWYERS

J. C. Highsmith

James M. Coyle

J. Douglas Stewart

Frank R. McKay

W. Woodrow Stewart

Zachary Price Grant

Donna Louise Lockwood-Sims

William John Schneider

Christopher David Elrod

Daniel M. Seckers

TIPS

LEGAL TERMS

REMAINDERMAN

AB TRUST

SELF-PROVING WILL

CHARITABLE TRUST

ALTERNATE BENEFICIARY

INVENTORY

TRUST DEED

POWER OF APPOINTMENT

GRANTOR

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