Summerland Key Estate Lawyer, Florida

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Timmy McClain
About | Practice Areas
McClain Law Firm, PA
P.O. Box 536387 Orlando, FL 32853» view map
Estate Law
A Law Firm That Cares

Let McClain Law Firm, PA handle all your Estate Planning needs today!

800-908-6270
1. Timmy McClain Orlando, FL
  Attorney at Law, FL
  Barry University School of Law, J.D. 2002
2. AboutMcClain Law Firm, PA
  A Law Firm That Cares
3. Practice AreasExpertise
  Estate Law
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Regilucia C Smith

Dispute Resolution, Immigration, Trusts, Family Law

Status: In Good Standing Licensed: 9 Years

CONTACT

22966 Overseas Hwy, Summerland Key, FL 33042

Lee Robert Rohe

Commercial Real Estate, Immigration, Federal Trial Practice, Estate Planning

Status: In Good Standing Licensed: 46 Years

CONTACT

Summerland Key, FL 33043

William Blackburn Spottswood

Commercial Real Estate, International Tax, Estate Planning, Business

Status: In Good Standing

CONTACT

42 Floral Ave, Key West, FL 33040

William Blackburn Spottswood

Commercial Real Estate, International Tax, Estate Planning, Business

Status: In Good Standing Licensed: 42 Years

CONTACT

42 Floral Ave, Key West, FL 33040

Daniel H Hamilton

Trusts, Commercial Real Estate, Federal Appellate Practice, Wills

Status: In Good Standing Licensed: 31 Years

CONTACT

22 Evergreen Ave, Key West, FL 33040

Joseph M. Albury

Trusts, Family Law, Corporate, Credit & Debt

Status: In Good Standing Licensed: 23 Years

CONTACT

1503 Kennedy Dr, Key West, FL 33040

Gregory David Davila

Civil Rights, Adoption, Trusts, Federal Appellate Practice

Status: In Good Standing Licensed: 33 Years

CONTACT

1111 12Th St, Key West, FL 33040

Robert Edward Highsmith

Commercial Real Estate, Estate Planning, Estate, Car Accident

Status: In Good Standing Licensed: 30 Years

CONTACT

3158 Northside Dr, Key West, FL 33040

George B Wallace

Commercial Real Estate, Federal Appellate Practice, Criminal, Estate Planning

Status: In Good Standing Licensed: 43 Years

CONTACT

1100 Kennedy Dr, Key West, FL 33040

Richard Mark Klitenick

Commercial Real Estate, Government, Estate Planning, Business

Status: In Good Standing

CONTACT

1009 Simonton St, Key West, FL 33040

800-923-0641

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LEGAL TERMS

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

TESTAMENTARY TRUST

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

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

FUNDING A TRUST

Transferring ownership of property to a trust.

SAMPLE LEGAL CASES

In re Estate of McKibbin

In re ESTATE of Loyette D. McKIBBIN, deceased. Larry H. McKibbin, as Personal Representative of the Estate of Loyette D. McKibbin, Appellant, v. Alterra Health Care Corporation a/k/a Alterra Healthcare Corporation; Beth M. Guinn a/k/a Beth Marie Waters Guinn; Tammie ...

Estate of Johnson v. Badger Acquisition

Failing to appropriately monitor the dispensing of medication for Norma J. Johnson; failing to appropriately monitor the proximity in which the same medication was dispensed for Norma J. Johnson; failing to adequately monitor Norma J. Johnson's medication administration; ...

SOVEREIGN HEALTHCARE v. Estate of Huerta

SOVEREIGN HEALTHCARE OF TAMPA, LLC, a/k/a Sovereign Healthcare of Tampa, LLC, d/b/a Sovereign Healthcare of Tampa (as to Bayshore Pointe Nursing & Rehab Center), Appellant, v. The ESTATE OF Florinda HUERTA, by and through Dennis HUERTA, ...

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Summerland Key Estate Lawyer, Florida

Sponsored Law Firm

McClain Law Firm, PA

SPONSORED LAWYERS

Regilucia C Smith

Lee Robert Rohe

William Blackburn Spottswood

William Blackburn Spottswood

Daniel H Hamilton

Joseph M. Albury

Gregory David Davila

Robert Edward Highsmith

George B Wallace

Richard Mark Klitenick

TIPS

LEGAL TERMS

GROSS ESTATE

GENERATION-SKIPPING TRANSFER TAX

ADMINISTRATRIX

HEIR APPARENT

TESTAMENTARY TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

ENTITY

PER CAPITA

FUNDING A TRUST

SAMPLE LEGAL CASES

In re Estate of McKibbin

Estate of Johnson v. Badger Acquisition

SOVEREIGN HEALTHCARE v. Estate of Huerta

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