Crane Estate Lawyer, Missouri, page 4

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Zach Hunsinger
About | Practice Areas
Hunsinger, Boyd Odom, & Goss, LLP
19624 Governors Hwy. Ste. 1 Flossmoor, IL 60422» view map
Divorce & Family Law
Where Compassion Meets Action

Family issues can be stressful. Turn to Hunsinger, Boyd Odom, & Goss Law Group, LLP to get objective legal counsel for your situation.

800-905-9470
1. Zach Hunsinger Flossmoor, IL
  Attorney at Law- IL, 2013
  Loyola University Chicago School of Law, J.D. 2013
2. AboutHunsinger, Boyd Odom, & Goss Law Group, LLP
  Where Compassion Meets Action
3. Practice AreasExpertise
  Divorce & Family Law
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David L. Smith

Construction Liens, Federal Appellate Practice, Estate Planning, Corporate

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115 W. Atlantic St, Branson, MO 65616

Matthew Francis Trokey

Estate Planning, Corporate, Collection, Car Accident

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115 West Atlantic Street, Branson, MO 65616

Stephen Barney Naioti

Traffic, Wills & Probate, Workers' Compensation, Car Accident

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601 West Pacific Street, Branson, MO 65616

Randee S. Stemmons

Estate Planning, Adoption, Elder Law, Car Accident, Traffic

Status: Licensed: 42 Years

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101 E. Dallas Street, Mount Vernon, MO 65712

Emily J. Kembell

Private Schools, Wills & Probate, Gift Taxation, Estate Planning

Status: Licensed: 22 Years

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2805 S. Ingram Mill Road, Springfield, MO 65808

Kari M. Walden

Litigation, International Tax, Wills & Probate, Business

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301 W. Pacific Street, Branson, MO 65616

Lance Roskens

Real Estate, Litigation, Estate, Insurance

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3315 East Ridgeview, Springfield, MO 65804

800-814-6700

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LEGAL TERMS

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.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

FUNDING A TRUST

Transferring ownership of property to a trust.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

INTER VIVOS TRUST

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

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.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

Crane Estate Lawyer, Missouri, page 4

Sponsored Law Firm

Hunsinger, Boyd Odom, & Goss, LLP

SPONSORED LAWYERS

David L. Smith

Matthew Francis Trokey

Stephen Barney Naioti

Randee S. Stemmons

Emily J. Kembell

Kari M. Walden

Lance Roskens

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LEGAL TERMS

SPENDTHRIFT TRUST

EXEMPTION TRUST

FUNDING A TRUST

TRUST CORPUS

POUR-OVER WILL

INTER VIVOS TRUST

POWER OF APPOINTMENT

CERTIFIED COPY

MARITAL LIFE ESTATE TRUST

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