Clarksdale Estate Lawyer, Mississippi


John C. Cox Lawyer

John C. Cox

VERIFIED
Accident & Injury, Divorce & Family Law, Estate, Criminal, Real Estate
The Oldest Law Firm in Cleveland, Mississippi

A native of Cleveland , John C. Cox has been practicing law in his hometown since 1999. John began work as an associate for his late father and cous... (more)

A Thomas Tucker

Private Schools, Trusts, Commercial Bankruptcy, Personal Injury
Status:  In Good Standing           

Andrew Thomas Dulaney

Real Estate, Government, Estate, Business
Status:  In Good Standing           

Andrew M Westerfield

Education, Traffic, Estate, Wrongful Termination
Status:  In Good Standing           Licensed:  48 Years
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Constance Kiara Brown

Litigation, Trusts, Public Law, Commercial Real Estate
Status:  In Good Standing           

D. Gill Baker

Education, Landlord-Tenant, Estate, Wrongful Termination
Status:  In Good Standing           Licensed:  19 Years

Fincher G Jack Bobo

Real Estate, Lawsuit & Dispute, Estate, Business
Status:  In Good Standing           Licensed:  43 Years

George Payne Cossar

Commercial Real Estate, Wills, Wills & Probate
Status:  In Good Standing           Licensed:  61 Years

Helen Eileen Morris Wade

Personal Injury, Family Law, Commercial Real Estate, Wills
Status:  In Good Standing           Licensed:  28 Years

Jamie Ferguson Jacks

Estate, Divorce, Criminal
Status:  In Good Standing           

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

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LEGAL TERMS

NET ESTATE

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

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)
Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)
A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)
A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)
Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living 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 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). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)
The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

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.

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.