Livermore Estate Lawyer, Colorado

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Allen R. Schwartz

Real Estate, Litigation, Estate Planning, Business, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Roxanne Marie Gartrell

Tax, International, Gift Taxation
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  40 Years

Mary Kathryn Council

Estate Administration, Estate Planning, DUI-DWI, Elder Law, Estate
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Real Estate, Trusts, Business, Dispute Resolution
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Accident & Injury, Divorce & Family Law, Employment, Estate, Real Estate
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Alden V. Hill

Residential Real Estate, Real Estate, Wills & Probate, Estate Planning, Malpractice
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Jack Duane Vahrenwald

Real Estate, Trusts, Estate, Divorce & Family Law, Business
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Celeste H. Kling

Mediation, Lawsuit & Dispute, Trusts, Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  41 Years

K Michelle AmRhein

Trusts, Business, Tax, Wills
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  32 Years

Karla Michelle AmRhein

Trusts, Business, Tax
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  32 Years

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

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800-814-6700

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

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LEGAL TERMS

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)
A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

NET ESTATE

The value of all property owned at death less liabilities or debts.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)
A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)
A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

TESTAMENTARY TRUST

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

FAMILY POT TRUST

See pot trust.

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