Biloxi Estate Lawyer, Mississippi


Carolyn Ann McAlister Lawyer

Carolyn Ann McAlister

VERIFIED
Divorce & Family Law, Accident & Injury, Criminal, Estate, Immigration

Carolyn Geary is a practicing attorney in the state of Mississippi. She received her J.D. from University of Mississippi. She has been practicing law... (more)

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CONTACT

800-939-9280

Haley Necaise Broom Lawyer

Haley Necaise Broom

VERIFIED
Divorce & Family Law, Estate
Serving the Mississippi Business Community

Haley N. Broom became a Shareholder in the firm Dukes, Dukes, Keating & Faneca, P.A. in 2010. She received an undergraduate degree in Psychology from ... (more)

Scott D Smith Lawyer

Scott D Smith

VERIFIED
Divorce & Family Law, Accident & Injury, Criminal, Estate, Landlord-Tenant

Scott D. Smith, Attorney at Law, PLLC is a full service law firm established to assist clients in almost all aspects of legal counsel needs. Our firm... (more)

Susan Taylor Smith Lawyer

Susan Taylor Smith

VERIFIED
Criminal, Divorce & Family Law, Estate, Accident & Injury

Susan Taylor is a general practice lawyer proudly serving Gulfport, Mississippi and the neighboring communities.

FREE CONSULTATION 

CONTACT

800-936-8490

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W. Fred Hornsby Lawyer

W. Fred Hornsby

VERIFIED
Criminal, Divorce & Family Law, Immigration, Estate, Accident & Injury

W. F. "Dub" Hornsby, III, is a lifetime resident of Biloxi. A graduate of Mercy Cross High School, Mississippi State University and the University of ... (more)

FREE CONSULTATION 

CONTACT

800-890-6991

Hugh D. Keating

Accident & Injury, Divorce & Family Law, Employment, Estate, Real Estate
Status:  In Good Standing           

John Paul Barber

Family Law, Franchising, Banking & Finance, Wills & Probate
Status:  In Good Standing           

FREE CONSULTATION 

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Suzanne Baker-Steele

Family Law, Wills, Divorce, Trusts
Status:  In Good Standing           

Alfred R. Koenenn

Real Estate, Wills & Probate, Trusts, Property & Casualty
Status:  In Good Standing           Licensed:  52 Years

Allyson Lambert Winter

Litigation, Trusts, Corporate, Business
Status:  In Good Standing           Licensed:  11 Years

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Free Help: Use This Form or Call 800-943-8690

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Lawyer.com can help you easily and quickly find Biloxi Estate Lawyers and Biloxi 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

HEIR APPARENT

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

NET ESTATE

The value of all property owned at death less liabilities or debts.

LIFE INSURANCE

A contract in which an insurance company agrees to pay money to a designated beneficiary upon the death of the policy holder. In exchange, the policyholder pays... (more...)
A contract in which an insurance company agrees to pay money to a designated beneficiary upon the death of the policy holder. In exchange, the policyholder pays a regularly scheduled fee, known as the insurance premiums. The purpose of life insurance is to provide financial support to those who survive the policyholder, such as family members or business partners. When the policyholder dies, the insurance proceeds pass to the beneficiaries free of probate, though they are counted for federal estate tax purposes. group life insurance Life insurance available through an employer or association that covers participating employees and members under one master insurance policy. Most group life insurance policies are term insurance policies, that terminate when the member or employee reaches a certain age or leaves the organization and do not accumulate any cash surrender value. term life insurance No-frills life insurance, with neither cash surrender value nor loan value (an amount that can be used as collateral for a loan). Term life insurance provides a pre-set amount of coverage if the policyholder dies during the period of time specified in the policy. Policyholders usually have the option to renew at the end of the term for the period of years specified in the policy. Unlike whole life insurance, premiums generally increase as the insured person gets older and the risk of death increases.universal life insurance A type of whole life insurance that offers some additional features and advantages. Like whole life insurance, universal life insurance accumulates cash value through investment of the premium payments. The unique feature of universal life insurance is that it has variable premiums, benefits and payment schedules, all of which are tied to market interest rates and the performance of the investment portfolio. Also, universal life plicies normally provide you with more consumer information. For example, you are told how much of your policy payments goes for insurance company overhead expenses, reserves and policy proceed payments, and how much is retained and invested for your savings. This information isn't usually provided with whole life policies.variable life insurance A type of whole life insurance in which the amount of death benefits varies, depending on the performance of investments. The insurance company places some or all of the fixed premium payments into an investment account; some companies let the insured person decide how the money is invested. The policyholder bears the risk of investment losses, though there is a guaranteed minimum benefit payment. One benefit of variable insurance is that interest and dividend income from the investment account is not taxed until it is paid out to the policyholder.variable universal life insurance A type of whole life insurance that provides greater potential for financial gain--and brings greater risks. Like universal life insurance, variable universal life insurance offers flexible premiums, payment schedules and benefits. But variable universal life policies are riskier because the premiums are invested in stocks, rather than more predictable money market accounts and bonds. Also called universal variable life insurance.whole life insurance Life insurance that provides coverage for the entire life of the policyholder, who pays the same fixed premium throughout his or her life. The policy builds up cash reserves that may be paid out to the policyholder when he or she surrenders or partially surrenders the policy or uses the cash reserves to fund low-interest loans. The annual increase in the cash value of the policy is not taxed. If the policyholder surrenders the policy, a portion of the payment is not taxable. Also called straight life insurance or ordinary life insurance.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)
A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)
The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)
A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)
Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.