Vancouver Estate Planning Lawyer, Washington, page 5

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Includes: Gift Taxation

Terrance Jerome Lee

Family Law, Estate Planning, Criminal, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  39 Years

Duane Lansverk

Insurance, Estate Planning, Estate, Wills
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  68 Years

Stephen D. Kinman

Estate Planning, Workers' Compensation, Family Law, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  39 Years

Marcine Miller Miles

Landlord-Tenant, Estate Planning, Family Law, Elder Law
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  46 Years

William Leslie Miles

Wills, Estate Planning, Estate
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

David Gerald Bristol

Commercial Real Estate, Estate Planning, Corporate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  33 Years

Loren Matthew Joner

Land Use & Zoning, Estate Planning, Civil Rights, Business & Trade
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  18 Years

Jill R. Kurtz

Wills, Estate Planning, Estate, Elder Law
Status:  Deceased *Status is reviewed annually. For latest information visit here           Licensed:  44 Years

Eva Luchini

Estate Planning, Guardianships & Conservatorships, Elder Law, Disability
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  29 Years

Laura Elizabeth Hazen

Commercial Real Estate, Estate Planning, Business & Trade, Commercial Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

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

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LEGAL TERMS

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)
A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)
An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)
All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)
The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

KINDRED

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

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)
An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)
Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

SAMPLE LEGAL CASES

IN RE ESTATE OF PALMER

... According to Fivecoat, the Palmers wanted to make a charitable contribution to World Gospel Mission after hearing his presentation on estate planning and charitable giving at an annual World Gospel Mission missionary conference. ...

IN RE DISCIPLINARY PROC. AGAINST BOTIMER

... The complaint alleged three counts of violating the RPCs stemming from Botimer's representation of Ruth in her tax, business, and estate planning matters. ... Botimer also assisted Ruth on estate planning matters, while advising Jan as a potential beneficiary of Ruth's estate. ...

State v. Thompson

... She said they needed the gifting power provided by the second power of attorney in order to do "estate planning" for Crawford. She said they spent Crawford's money on their charter business because it was a safer investment than the stock market. ...

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