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Owen Lalor
About | Practice Areas
Lalor Aby & Morgan, PLLC
230 Trace Colony Park Dr. Suite 4 Ridgeland, MS 39157» view map
Estate Law
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If you need an experienced litigation attorney, look no further than Lalor Aby & Morgan, PLLC.

800-758-9910
1. Owen Lalor Ridgeland, MS
  Attorney at Law- MS, 1978
  Vanderbilt University Law School, J.D. 1978
2. AboutLalor Aby & Morgan, PLLC
  Get the Legal Support You Need
3. Practice AreasExpertise
  Estate Law
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Jeffrey Braden Arnold

✓ VERIFIED

Estate, Business, Tax, Personal Injury, Workers' Compensation

Arnold and Associates, LLC is a Mississippi Law Firm. We are focused on providing you with high quality legal services and being dedicated to your ne... (more)

CONTACT

800-945-9760

306 Maxey Drive, Brandon, MS 39043

Tabatha McCall Stern

✓ VERIFIED

Estate, Business, Estate Planning

T. McCall Stern ("McCall") is active in her community and has a passion for serving others. She practices predominately in the areas of estate plannin... (more)

FREE CONSULTATION

CONTACT

800-583-7030

220 Willow Lane, Brandon, MS 39047

Jon H. Powell

Real Estate, Wills & Probate, Trusts, Estate, Divorce & Family Law

Status: In Good Standing

CONTACT

2950 Layfair Drive, Flowood, MS 39232

Sean A Milner

Land Use & Zoning, Housing & Construction Defects, Wills, Divorce

Status: In Good Standing

CONTACT

102 E. Leake Street, Clinton, MS 39056

A Spencer Gilbert

Antitrust, Elder Law, Estate Planning, Litigation

Status: In Good Standing

CONTACT

200 Dominican Dr, Madison, MS 39110

A Dwight Hood

Commercial Real Estate, Estate, Family Law, Personal Injury

Status: Inactive Licensed: 45 Years

CONTACT

Madison, MS 39130

Abigail Marye Peterson

Estate, Criminal, Civil Rights

Status: In Good Standing Licensed: 16 Years

CONTACT

1867 Crane Ridge Dr, Jackson, MS 39216

Adam Donald Woods

Real Estate, Wills & Probate, Car Accident

Status: In Good Standing Licensed: 9 Years

CONTACT

202 E Government St, Brandon, MS 39042

Adam Donald Woods

Estate, Divorce & Family Law, Business, Accident & Injury

Status: In Good Standing Licensed: 9 Years

CONTACT

202 E Government St, Brandon, MS 39042

Adam Parker Vaughan

Real Estate, Estate

Status: In Good Standing Licensed: 11 Years

CONTACT

122 La Salle St, Madison, MS 39110

800-923-0641

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LEGAL TERMS

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.

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.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

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.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

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.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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Jackson Estate Lawyer, Mississippi

Sponsored Law Firm

Lalor Aby & Morgan, PLLC

SPONSORED LAWYERS

Jeffrey Braden Arnold

Tabatha McCall Stern

Jon H. Powell

Sean A Milner

A Spencer Gilbert

A Dwight Hood

Abigail Marye Peterson

Adam Donald Woods

Adam Donald Woods

Adam Parker Vaughan

TIPS

LEGAL TERMS

PROPERTY CONTROL TRUST

SPRINKLING TRUST

ADMINISTRATION (OF AN ESTATE)

RULE AGAINST PERPETUITIES

GENERATION-SKIPPING TRANSFER TAX

CERTIFIED COPY

EXECUTOR

QTIP TRUST

SUCCESSION

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