Estate planning
Estate planning is the process of anticipating and arranging for the disposal of an estate during a person's life. Estate planning typically attempts to eliminate uncertainties over the administration...
West Seattle couple leaves all their assets — $847,215 — to Uncle Sam
West Seattle residents Peter Petrasek and his wife, Joan, willed their entire estate to “the United States of America.” Americans often go to great lengths to keep the government off their assets. Bu...
Estate planning
http://www.MondayMentor.com Attorney and asset protection expert JJ Childers discusses Estate Planning. For more info visit http://www.MondayMentor.com.
Will (law)
A will or testament is a legal declaration by which a person, the testator, names one or more persons to manage his or her estate and provides for the distribution of his or her property at death. For...
Will (law) - Wikipedia
Trust (law)
In common law legal systems, a trust is a relationship whereby property is held by one party for the benefit of another. A trust is created by a settlor, who transfers some or all of his or her proper...
Living trust
In common law legal systems, a trust is a relationship whereby property is held by one party for the benefit of another. A trust is created by a settlor, who transfers some or all of his or her proper...
Voting trust
A voting trust is an arrangement whereby the shares in a company of one or more shareholders and the voting rights attached thereto are legally transferred to a trustee, usually for a specified period...
Charitable trust
A charitable trust is an irrevocable trust established for charitable purposes, and is a more specific term than "charitable organization".
In India, trusts set up for the social causes and appr...
Inter vivos trust
In common law legal systems, a trust is a relationship whereby property is held by one party for the benefit of another. A trust is created by a settlor, who transfers some or all of his or her proper...
Offshore trust
An offshore trust is simply a conventional trust that is formed under the laws of an offshore jurisdiction.Generally offshore trusts are similar in nature and effect to their onshore counterparts; the...
Testamentary trust
A testamentary trust (sometimes referred to as a will trust or trust under will) is a trust which arises upon the death of the testator, and which is specified in his or her will. A will may contain m...
Will contest
A will contest, in the law of property, is a formal objection raised against the validity of a will, based on the contention that the will does not reflect the actual intent of the testator (the party...
Incentive trust
In American estate planning parlance, an incentive trust is a trust designed to encourage or discourage certain behaviors by using distributions of trust income or principal as an incentive. A typica...
Probate court
A probate court (also called a surrogate court) is a specialized court that deals with matters of probate and the administration of estates. Probate courts administer proper distribution of the assets...
Administration of an estate on death
In common-law jurisdictions, administration of an estate on death arises if the deceased is legally intestate, meaning they did not leave a will, or some assets are not disposed of by their will.Where...
Resulting trust
A resulting trust (from the Latin 'resultare' meaning 'to jump back') is the creation of an implied trust by operation of law, where property is transferred to someone who pays nothing for it; and the...
Constructive trust
A constructive trust is an equitable remedy resembling a trust (implied trust) imposed by a court to benefit a party that has been wrongfully deprived of its rights due to either a person obtaining or...
Intestate succession
Intestacy is the condition of the estate of a person who dies owning property whose value is greater than the sum of their enforceable debts and funeral expenses without having made a valid will or ot...
Holographic will
A holographic will is a will and testament that has been entirely handwritten and signed by the testator. Traditionally, a will must be signed by witnesses attesting to the validity of the testator's...
Purpose trust
A purpose trust is a type of trust which has no beneficiaries, but instead exists for advancing some non-charitable purpose of some kind. In most jurisdictions, such trusts are not enforceable outsid...
Sound mind
Sanity (from Latin: sānitās) refers to the soundness, rationality and healthiness of the human mind, as opposed to insanity. A person is not considered sane anymore just if he/she is rational. In ...
Fixed trust
In common law legal systems, a trust is a relationship whereby property is held by one party for the benefit of another. A trust is created by a settlor, who transfers some or all of his or her proper...
Asset-protection trust
An asset-protection trust is a term which covers a wide spectrum of legal structures. Any form of trust which provides for funds to be held on a discretionary basis falls within the category. Such tru...