Hartsel Estate Lawyer, Colorado

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Karl John Koch Lawyer

Karl John Koch

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Divorce & Family Law, Lawsuit & Dispute, Bankruptcy & Debt, Accident & Injury, Estate

Local owned business that operates in Breckenridge, Buena Vista, Woodland Park and surrounding mountain areas. We are here to help you with any legal ... (more)

John W. Dalton

Real Estate, Personal Injury, Trusts, Wills & Probate
Status:  In Good Standing           Licensed:  46 Years

Edwin S. Hartshorn

Commercial Real Estate, Estate Administration, Criminal, Civil Rights, Landlord-Tenant
Status:  In Good Standing           

Edwin S. Hartshorn

Commercial Real Estate, Estate Administration, Criminal, Civil Rights, Estate
Status:  In Good Standing           
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Suzanne MacDonald

Criminal, Transportation & Shipping, Traffic, Wills & Probate
Status:  In Good Standing           Licensed:  20 Years

Margaret Bergelin Walker

Trusts
Status:  In Good Standing           Licensed:  26 Years

Margaret Molly Bergelin Walker

Trusts
Status:  In Good Standing           Licensed:  26 Years

Jenna Mazzucca

Wills & Probate, Trusts, Criminal
Status:  In Good Standing           Licensed:  13 Years

Jenna Mazzucca

Real Estate Other, Landlord-Tenant, Trusts, Family Law
Status:  In Good Standing           Licensed:  13 Years

David K. Johns

Trusts, Estate Planning
Status:  In Good Standing           Licensed:  31 Years

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

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)
To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)
A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

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.

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.

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.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)
A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)
A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

NET ESTATE

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

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)
The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.