Parkersburg Trusts Lawyer, West Virginia

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Sandra K. Law
About | Practice Areas
Schrader Companion Duff & Law, PLLC.
401 Main Street Wheeling, WV 26003» view map
Accident & Injury Law
Knowledge, Integrity, Results

At Schrader Companion Duff & Law, PLLC., we are well aware of your rights, and are dedicated to getting you the compensation you and your loved ones deserve.

800-939-8771
1. Sandra K. Law Wheeling, WV
  Attorney at Law - WV, 1992
  Duquesne University J.D. 1992
2. AboutSchrader Companion Duff & Law, PLLC.
  Knowledge, Integrity, Results
3. Practice AreasExpertise
  Accident & Injury Law
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Kendra L. Bunn

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White Collar Crime, Education, Immigration, Employment, International

Since 1999, Ms. Bunn has dedicated her entire career to the practice of immigration law. She was one of the first female attorneys to practice immigra... (more)

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904-493-6101

-, Parkersburg, WV 26101

Jan Dils

Accident & Injury, Government Agencies, Personal Injury, Animal Bite

Jan Dils is the firm’s founder. She opened Jan Dils, Attorneys at Law, in Parkersburg, West Virginia, in 1994 as the solo attorney/employee. Today, ... (more)

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877-526-3457

963 Market St, Parkersburg, WV 26101

Heather E. Vanhoose

Veterans' Affairs, Social Security -- Disability, Estate Planning, Personal Injury

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1037 Market Street, Parkersburg, WV 26101

Leach Jim

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1037 Market Street, Parkersburg, WV 26101

David L. Huffman

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529 Market Street, Parkersburg, WV 26101

Virginia K. Mayle

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1037 Market Street, Parkersburg, WV 26101

William B. Summers

Accident & Injury, Criminal, Divorce & Family Law, Car Accident

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3301 Dudley Ave, Parkersburg, WV 26104

Kevin Douglas Walker

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963 Market St, Parkersburg, WV 26101

Kelly Little Guice

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963 Market Street, Parkersburg, WV 26101

Tonya Jo Hirsch

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963 Market St, Parkersburg, WV 26101

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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.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

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.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

FUNDING A TRUST

Transferring ownership of property to a trust.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

SAMPLE LEGAL CASES

IN RE APPOINTMENT OF TRUSTEES FOR WOODLAWN CEMETERY

... Counsel for the Bank wrote to Mr. Decker on May 25, 2005, and told him that cemetery permanent endowment care trusts must remain intact for the benefit of cemetery maintenance, and told him that there is no legal provision for the termination of such a trust. ...

IN RE PETITION FOR APPOINTMENT OF TRUSTEES FOR WOODLAWN CEMETERY

GRAFTON-GORE v. CENTRA BANK, INC.

... Petitioner's purchase of Hickory Ridge closed on March 7, 2006, and she executed the promissory notes and deeds of trusts required for the loans. The deed conveying Hickory Ridge to her was recorded with the Clerk of the Berkeley County Commission. ...

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Parkersburg Trusts Lawyer, West Virginia

Sponsored Law Firm

Schrader Companion Duff & Law, PLLC.

SPONSORED LAWYERS

Kendra L. Bunn

Jan Dils

Heather E. Vanhoose

Leach Jim

David L. Huffman

Virginia K. Mayle

William B. Summers

Kevin Douglas Walker

Kelly Little Guice

Tonya Jo Hirsch

TIPS

LEGAL TERMS

EXEMPTION TRUST

TRUSTEE POWERS

BEQUEATH

POWER OF APPOINTMENT

TRUST DEED

ADEMPTION

AB TRUST

FUNDING A TRUST

INVESTOR

SAMPLE LEGAL CASES

IN RE APPOINTMENT OF TRUSTEES FOR WOODLAWN CEMETERY

IN RE PETITION FOR APPOINTMENT OF TRUSTEES FOR WOODLAWN CEMETERY

GRAFTON-GORE v. CENTRA BANK, INC.

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