Fairfield Estate Lawyer, Alabama, page 4

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Ferris Ritchey
About | Practice Areas
Ritchey & Ritchey
1740 Oxmoor Road Birmingham, AL 35209» view map
Estate Planning, Wills & Probate, Elder Law
Small Firm Attention. Large Firm Capability.

Ritchey & Ritchey, one of the oldest law firms in Birmingham as well as Alabama, was founded in 1959 on a simple premise: provide clients with guidance and expertise.

205-271-3100
1. Ferris Ritchey Birmingham, AL
  Attorney at Law- AL, 1984
  University of Alabama School of Law, J.D. 1984
2. AboutRitchey & Ritchey
  Small Firm Attention. Large Firm Capability.
3. Practice AreasExpertise
  Estate
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Alan Wayne Garner

Estate, Contract, Licensing, Business

Status: Licensed: 28 Years

CONTACT

3861 Ross Park Drive, Birmingham, AL 35226

Danny Carl Lockhart

Real Estate, Estate, Criminal, Accident & Injury

Status: Licensed: 49 Years

CONTACT

1129 Forestdale Blvd, Birmingham, AL 35214

Bert Sheffield Nettles

Real Estate, International, Estate

Status: Licensed: 65 Years

CONTACT

1200 Beacon Pkwy E, Birmingham, AL 35209

James Perry Rea

Estate Planning, Civil Rights

Status: Licensed: 43 Years

CONTACT

2389 Savoy St, Birmingham, AL 35226

Stephen Lawrence Sexton

Government, Estate, Criminal

Status: Licensed: 42 Years

CONTACT

4 Glen Iris Park S, Birmingham, AL 35205

D. Mark Price

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

Status: Licensed: 30 Years

CONTACT

1314 Alford Ave, Hoover, AL 35226

Samantha Carnley

Estate, Consumer Bankruptcy, Estate Administration, Wills & Probate

Status: Licensed: 22 Years

CONTACT

1313 Alford Ave, Birmingham, AL 35226

William Grady Nolan

Estate, Elder Law

Status:

CONTACT

1232 Blue Ridge Blvd, Birmingham, AL 35226

Alyson Leigh Saad

Lawsuit & Dispute, Estate, Employment

Status: Licensed: 16 Years

CONTACT

1001 Melrose Place, Birmingham, AL 35209

Cherokee Ward Wooley

Lawsuit & Dispute, Estate, Employment, Business

Status: Licensed: 31 Years

CONTACT

1 Independence Plaza, Birmingham, AL 35209

800-814-6700

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LEGAL TERMS

TESTAMENTARY TRUST

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

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

LIFE BENEFICIARY

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

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

INTER VIVOS TRUST

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

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Fairfield Estate Lawyer, Alabama, page 4

Sponsored Law Firm

Ritchey & Ritchey

SPONSORED LAWYERS

Alan Wayne Garner

Danny Carl Lockhart

Bert Sheffield Nettles

James Perry Rea

Stephen Lawrence Sexton

D. Mark Price

Samantha Carnley

William Grady Nolan

Alyson Leigh Saad

Cherokee Ward Wooley

TIPS

LEGAL TERMS

TESTAMENTARY TRUST

RESIDUARY BENEFICIARY

PREDECEASED SPOUSE

INHERITANCE TAXES

LIFE BENEFICIARY

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

GENERATION-SKIPPING TRUST

ESTATE TAXES

INTER VIVOS TRUST

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