Granville Summit Estate Planning Lawyer, Pennsylvania, page 2

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Richard H. Morton
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Ryan, Morton & Imms, LLC
220 West Gay Street West Chester, PA 19380» view map
Estate and Business Law
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610-430-1425
1. Richard H. Morton West Chester, PA
  Attorney at Law, PA
  Widener University School of Law, J.D. 1984
2. AboutRyan, Morton & Imms, LLC
  The Lawyers on Your Side
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

Marc Frederick Demshock

Commercial Real Estate, Estate Planning, Transactions, Corporate

Status: In Good Standing Licensed: 12 Years

CONTACT

433 Market St, Williamsport, PA 17701

Mark William Smith

Real Estate, Estate Planning, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

427 Main St, Towanda, PA 18848

Rebecca Suzanne Reimiller

Commercial Real Estate, Litigation, Estate Planning, Family Law

Status: In Good Standing Licensed: 17 Years

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133 West Front Street, Berwick, PA 18603

Richard William Mccoy

Landlord-Tenant, Estate Planning, Civil & Human Rights, Business & Trade

Status: In Good Standing

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29 Waln St, Wellsboro, PA 16901

Robert B. Wayne

Commercial Real Estate, Real Estate, Estate Planning, Business

Status: In Good Standing Licensed: 50 Years

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433 Market St, Williamsport, PA 17701

Robert Cronin

Elder Law, Estate Planning, Wills & Probate, Power of Attorney

Status: In Good Standing Licensed: 19 Years

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260 Reitz Blvd., Williamsport, PA 17701

Tammy Avery Weber

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing

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49 E 4Th St, Williamsport, PA 17701

Wilfred K. Knecht

Corporate, Elder Law, Estate Planning, Real Estate

Status: In Good Standing

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835 West Fourth Street, Williamsport, PA 17703

800-923-0641

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LEGAL TERMS

INTER VIVOS TRUST

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

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

DISCHARGE (OF PROBATE ADMINISTRATOR)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties hav... (more...)

A court order releasing the administrator or executor from any further duties connected with the probate of an estate. This typically occurs when the duties have been completed but may happen sooner if the executor or administrator wishes to withdraw or is dismissed.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

SAMPLE LEGAL CASES

In re Estate of Field

... NT, 5/31/07, at 100. At the meeting, Gilbert provided decedent with a red binder containing various completed estate planning documents, including the executed living trust agreement, which Gilbert had retained for notarization after his initial meeting with decedent. Id. ...

IN RE ESTATE OF SLOMSKI

... appellants cite 20 Pa.CSA Â§ 5601.2(e), Equity, which provides: "An agent and the donee of a gift shall be liable as equity and justice may require to the extent that, as determined by the court, a gift made by the agent is inconsistent with prudent estate planning or financial ...

Katz v. KIDDER TOWNSHIP ZONING HEARING BOARD

... However, the trial court agreed that Landowner's argument that denial of the variances will limit his ability to subdivide the property for estate planning purposes or to separately sell one of the parcels is meritless because economic and personal considerations, in and of ...

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Granville Summit Estate Planning Lawyer, Pennsylvania, page 2

Sponsored Law Firm

Ryan, Morton & Imms, LLC

SPONSORED LAWYERS

Marc Frederick Demshock

Mark William Smith

Rebecca Suzanne Reimiller

Richard William Mccoy

Robert B. Wayne

Robert Cronin

Tammy Avery Weber

Wilfred K. Knecht

TIPS

LEGAL TERMS

INTER VIVOS TRUST

SPRINKLING TRUST

ENDOWMENT INSURANCE

FAILURE OF ISSUE

LAPSE

LIVING TRUST

RULE AGAINST PERPETUITIES

DISCHARGE (OF PROBATE ADMINISTRATOR)

PROVING A WILL

SAMPLE LEGAL CASES

In re Estate of Field

IN RE ESTATE OF SLOMSKI

Katz v. KIDDER TOWNSHIP ZONING HEARING BOARD

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