Franklin Trusts Lawyer, Ohio, page 2

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Steven Runge
About | Practice Areas
Runge Law Office
401 S Main Street Franklin, OH 45005» view map
Estate Law
Professional & Skillful Representation

We strive to educate our clients and inform them of their options so we can get the results they want. For a family law attorney in Franklin, OH, call the office today.

800-977-3451
1. Steven Runge Franklin, OH
  Attorney at Law - OH, 1975
  Pettit College of Law J.D. 1975
2. AboutRunge Law Office
  When you need an attorney in Franklin, OH, rely on Steven M. Runge.
3. Practice AreasExpertise
  Estate Law
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Bill Duning

Family Law, Trusts, Estate Planning

Status: Licensed: 57 Years

CONTACT

130 E Mulberry St, Lebanon, OH 45036

Carissa Eve Clawson

General Practice

Status: Licensed: 22 Years

CONTACT

23 S. 9Th Street, Miamisburg, OH 45342

Cari Ross

Corporate, Trusts, Intellectual Property, Commercial Real Estate

Status: Licensed: 22 Years

CONTACT

23 S. 9Th Street, Miamisburg, OH 45342

Christine Louise Burk

Litigation, Criminal, Corporate, Trusts

Status: Licensed: 35 Years

CONTACT

10 N First St, Miamisburg, OH 45342

Mimi Degrow

International Other, Trusts, Family Law, Dispute Resolution

Status:

CONTACT

10 N First St, Miamisburg, OH 45342

Bob Ellis

Corporate, Employee Rights, Commercial Real Estate, Trusts

Status: Licensed: 46 Years

CONTACT

3232 Newmark Dr, Miamisburg, OH 45342

Brooke Logsdon

Trusts, Family Law, Divorce, Divorce & Family Law, Estate Planning

Status: Licensed: 8 Years

CONTACT

530 N Broadway St, Lebanon, OH 45036

Michael Jonathan Menninger

Wills, Trusts, Estate Planning, Elder Law

Status: Licensed: 19 Years

CONTACT

1800 Lyons Road, Bellbrook, OH 45458

Michael Brian Miller

Trusts, Estate Planning, Commercial Banks, Personal Injury

Status: Licensed: 42 Years

CONTACT

2 N Broadway, Lebanon, OH 45036

Jacqueline Ann Manley

General Practice

Status: Licensed: 13 Years

CONTACT

2 N Broadway, Lebanon, OH 45036

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LEGAL TERMS

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

LIFE BENEFICIARY

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

SURROGATE COURT

See probate court.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

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.

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.

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

... {Â¶ 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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Franklin Trusts Lawyer, Ohio, page 2

Sponsored Law Firm

Runge Law Office

SPONSORED LAWYERS

Bill Duning

Carissa Eve Clawson

Cari Ross

Christine Louise Burk

Mimi Degrow

Bob Ellis

Brooke Logsdon

Michael Jonathan Menninger

Michael Brian Miller

Jacqueline Ann Manley

TIPS

LEGAL TERMS

ENDOWMENT INSURANCE

LIFE BENEFICIARY

SURROGATE COURT

DOWER AND CURTESY

PRETERMITTED HEIR

PER CAPITA

PER STIRPES

RESIDUARY BENEFICIARY

ALTERNATE BENEFICIARY

SAMPLE LEGAL CASES

Pack v. Osborn

Bank One Trust Co., NA v. Scherer

Kormanik v. Cooper

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