Prescott Estate Lawyer, Arizona, page 3

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Albert Edward Iverson

Trusts, Estate
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  34 Years

David K Wilhelmsen

Commercial Real Estate, Litigation, Wills, Trusts, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  44 Years

Jack H Fields

State Government, Trusts, Estate, Criminal, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  38 Years

Patricia R Powers

Elder Law, Trusts
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  40 Years

Lynn M Harris

Juvenile Law, Trusts, Divorce & Family Law, Business, Business & Trade
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  27 Years

Thomas P Kack

Leisure, Estate Planning, Corporate, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  44 Years

Raymond W Brown

Trusts, Mental Health
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  58 Years

Mark V. Scheehle

Trusts, Gift Taxation, Business & Trade, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  44 Years

John M Favour

Commercial Real Estate, Federal Trial Practice, Trusts
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  76 Years

Jay R Eaton

Tax, Corporate, Gift Taxation, Trusts
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  34 Years

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

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

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LEGAL TERMS

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)
(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)
All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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.

CURATOR

See conservator.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)
A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

CERTIFICATION OF TRUST

See abstract of trust.

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.

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.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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