Middletown Trusts Lawyer, Missouri, page 3

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Zach Hunsinger
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Hunsinger, Boyd Odom, & Goss, LLP
19624 Governors Hwy. Ste. 1 Flossmoor, IL 60422» view map
Divorce & Family Law
Where Compassion Meets Action

Family issues can be stressful. Turn to Hunsinger, Boyd Odom, & Goss Law Group, LLP to get objective legal counsel for your situation.

800-905-9470
1. Zach Hunsinger Flossmoor, IL
  Attorney at Law- IL, 2013
  Loyola University Chicago School of Law, J.D. 2013
2. AboutHunsinger, Boyd Odom, & Goss Law Group, LLP
  Where Compassion Meets Action
3. Practice AreasExpertise
  Divorce & Family Law
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Wendy Jo Shoemyer

Landlord-Tenant, Estate Planning, Divorce, Power of Attorney

Status: Licensed: 16 Years

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210 E. Love Street, Mexico, MO 65265

Jonathan Levi Witte

Juvenile Law, Traffic, Estate Planning, Criminal

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215 E. Jackson Street, Mexico, MO 65265

Randall P. Baker

Estate Planning, Workers' Compensation, Child Custody, Medical Malpractice

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123 East Jackson Street, Mexico, MO 65265

Matthew Paul Robnett

Criminal, Divorce & Family Law, Estate, Traffic

Status: Licensed: 19 Years

CONTACT

107 E. Promenade St, Mexico, MO 65265

Dan Kenneth Erdel

Corporate, Bankruptcy, Elder Law, Estate Planning

Status: Licensed: 51 Years

CONTACT

100 North Jefferson Street, Mexico, MO 65265

Randal Jay Owings

Landlord-Tenant, International Tax, Estate Planning, Elder Law

Status: Licensed: 30 Years

CONTACT

100 North Jefferson Street, Mexico, MO 65265

Andrew Scott Garnett

Estate Planning, International Tax, Landlord-Tenant, Traffic

Status: Licensed: 15 Years

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120 S. Jefferson Street, Mexico, MO 65265

Kelsey Lee Blackwell

Government, Estate, Divorce & Family Law, Criminal

Status: Licensed: 13 Years

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101 N. Jefferson, Mexico, MO 65265

Melissa Buckman Young

Landlord-Tenant, Estate Planning, Dispute Resolution, Family Law

Status: Licensed: 16 Years

CONTACT

101 S. Washington Street, Mexico, MO 65265

Kenneth Paul Ferguson

Power of Attorney, Estate Planning, Estate

Status:

CONTACT

201 E. Allen, Wentzville, MO 63385

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LEGAL TERMS

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

LIFE BENEFICIARY

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

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

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.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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.

SAMPLE LEGAL CASES

Wilson v. Rhodes

... 875 JEFFREY W. BATES, Chief Judge. The trial court granted a summary judgment requiring the successor trustees of two trusts to distribute certain assets to the personal representative of a decedent's estate. ... In September 1992, Husband and Wife established individual trusts. ...

Hardt v. Vitae Foundation, Inc.

... This rule applied to gifts both to charitable trusts and charitable corporations and was made primarily to prevent potential beneficiaries without a "special interest" in the gift from "vex[ing]" public charities with "frequent suits, possibly based on an inadequate investigation." Id. ...

Schumacher v. Schumacher

... Upon Grantor's death in May of 1998, the revocable trust split into three separate trusts: a qualified terminable interest property trust ("QTIP trust"), a marital trust, and a family trust. Topper is the sole trustee of the three trusts. ...

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Middletown Trusts Lawyer, Missouri, page 3

Sponsored Law Firm

Hunsinger, Boyd Odom, & Goss, LLP

SPONSORED LAWYERS

Wendy Jo Shoemyer

Jonathan Levi Witte

Randall P. Baker

Matthew Paul Robnett

Dan Kenneth Erdel

Randal Jay Owings

Andrew Scott Garnett

Kelsey Lee Blackwell

Melissa Buckman Young

Kenneth Paul Ferguson

TIPS

LEGAL TERMS

ADEMPTION

LIFE BENEFICIARY

PROBATE

INHERITANCE TAXES

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

TRUST MERGER

IRREVOCABLE TRUST

ANCILLARY PROBATE

POWER OF APPOINTMENT

SAMPLE LEGAL CASES

Wilson v. Rhodes

Hardt v. Vitae Foundation, Inc.

Schumacher v. Schumacher

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