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:  28 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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Lawyer.com can help you easily and quickly find Prescott Estate Lawyers and Prescott Estate Law Firms. Refine your search by specific Estate practice areas such as Estate Planning, Trusts, Wills & Probate and Power of Attorney matters.

LEGAL TERMS

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)
In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)
The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

TRUSTEE POWERS

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

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)
Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)
A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

DISTRIBUTEE

(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (ca... (more...)
(1) Anyone who receives something. Usually, the term refers to someone who inherits a deceased person's property. If the deceased person dies without a will (called intestate), state law determines what each distributee will receive. Also called a beneficiary.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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