Vandiver Trusts Lawyer, Alabama

Sponsored Law Firm

x
Click For More Info:

David E. Hodges
About | Practice Areas
David E. Hodges, P.C.
902 Wildwood Avenue Mobile, AL 36609» view map
Estate Law
Personalized Legal Guidance

Tired of law offices that connect you with a different person every time you call? Choose David E. Hodges as your local attorney.

800-716-9530
1. David E. Hodges Mobile, AL
  Attorney at Law - AL, 1987
  Duke University J.D. 1987
2. AboutDavid E. Hodges, P.C.
  You Can't Predict the Future, But You Can Plan for It
3. Practice AreasExpertise
  Estate Law
1. Contact
2. Email
3. Refer
5. Visit:
6. Website
7. Profile

Nancy Covington Hughes

Power of Attorney, Estate Administration, Trusts, Estate Planning, Business Successions

Status:

CONTACT

600 Luckie Drive, Birmingham, AL 35223

Patricia Nell Moore

Estate, Wills & Probate, Elder Law, Trusts

Status: Licensed: 43 Years

CONTACT

Vestavia, AL 35216

J. Kevin Webb

Tax, Real Estate, Trusts, Wills & Probate

Status:

CONTACT

1 Perimeter Park S, Birmingham, AL 35243

Jordan Mccay Copeland

Real Estate, Trusts, DUI-DWI, Products Liability, Personal Injury

Status:

CONTACT

33300 Highway 280, Childersburg, AL 35044

Gilbert M. Sullivan Jr.

Wills & Probate, Trusts, Estate Planning, Tax

Status: Licensed: 44 Years

FREE CONSULTATION

CONTACT

2100 Rocky Ridge Road, Birmingham, AL 35216

Forrest Lamar Adams

Real Estate, Immigration, Bankruptcy, Trusts

Status: Licensed: 24 Years

CONTACT

Birmingham, AL 35243

Leigh A Kaylor

Trusts, Gift Taxation, Estate, Securities

Status: Licensed: 39 Years

CONTACT

Birmingham, AL 35255

Phillip James Sarris

Real Estate, Trusts, Wills & Probate

Status: Licensed: 61 Years

CONTACT

1845 Montclaire Dr, Birmingham, AL 35216

Melinda Lucas Peevy

Litigation, Securities, Trusts

Status: Licensed: 24 Years

CONTACT

1901 6th Ave N, Birmingham, AL 35203

Sanford D Hatton Jr.

Real Estate, Trusts, Elder Law, Wills & Probate

Status: Licensed: 25 Years

CONTACT

22551 Highway 25, Columbiana, AL 35051

800-814-6700

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

Call me for fastest results!
800-814-6700

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

By submitting this request, I authorize you to forward my information to multiple potential lawyers and I agree to your Terms of Use and Privacy Policy including the Consent to Receive Automated Phone Calls, Emails and Texts. Information you provide is not privileged or confidential.

LEGAL TERMS

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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.

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.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

SAMPLE LEGAL CASES

Ex parte Synovus Trust Co., NA

... [2]. The Raineses allege that, in connection with the creation of the Robert F. Raines Management Trust and the Helen H. Raines Management Trust ("the trusts"), Mr. and Mrs. Raines each entered into an investment agreement with Synovus Trust Corporation. ...

Ex parte Byrom

... This Court held that Â§ 43-8-224 did not apply to trusts. ... We further rejected the argument that we should follow some other "jurisdictions in which courts have found that an antilapse statute, on its face applicable only to wills, reaches trusts as well." 888 So.2d at 485. ...

Regions Bank v. Reed

REGIONS BANK v. Jean W. REED, individually and as cotrustee of the Clement S. Walter Trust; Mary W. Haynes, individually and as cotrustee of the Clement S. Walter Trust; and Susan W. Stockham, individually and as trustee and cotrustee of various family trusts. ...

SORT BY:

FILTER BY:

Free Consultation
Male
Female
Suspended

Vandiver Trusts Lawyer, Alabama

Sponsored Law Firm

David E. Hodges, P.C.

SPONSORED LAWYERS

Nancy Covington Hughes

Patricia Nell Moore

J. Kevin Webb

Jordan Mccay Copeland

Gilbert M. Sullivan Jr.

Forrest Lamar Adams

Leigh A Kaylor

Phillip James Sarris

Melinda Lucas Peevy

Sanford D Hatton Jr.

TIPS

LEGAL TERMS

INTESTATE

ACCUMULATION TRUST

RESIDUARY ESTATE

LETTERS TESTAMENTARY

EXEMPTION TRUST

GENERATION-SKIPPING TRANSFER TAX

QTIP TRUST

BENEFICIARY

INVENTORY

SAMPLE LEGAL CASES

Ex parte Synovus Trust Co., NA

Ex parte Byrom

Regions Bank v. Reed

SORT BY:

FILTER BY:

PRACTICE AREAS 30

NEARBY CITY SUGGESTIONS