Gormania Estate Lawyer, West Virginia

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Larry W. Mayfield

Business Organization, Contract, Estate Planning, Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

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Daniel C. Staggers

Trusts, Estate Planning, Estate, Child Custody, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Lisa Hyre

Divorce & Family Law, Criminal, Personal Injury, Estate
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Holly Funderburk Baker

Wills & Probate, Wills
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  17 Years

Tiffany R. Durst

Litigation, Estate Planning, Adoption, Personal Injury, Lawsuit & Dispute
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Mark Everett

Real Estate, Accident & Injury, Business, Divorce & Family Law, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  19 Years

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Christopher A. Barnum

Real Estate, Wills & Probate, Family Law, Business Organization, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  39 Years

Gail Voorhees Lipscomb

Estate, Personal Injury, Criminal, Divorce, Employment
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  30 Years

Corey Joseph Powell

Real Estate, Oil & Gas, Estate, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  17 Years

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Eric H. London

Real Estate, Estate Planning, Corporate, Business Organization, Commercial Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  37 Years

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

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

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LEGAL TERMS

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)
Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

TESTAMENTARY TRUST

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

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)
(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)
Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)
A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

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.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)
Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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