Section 19-3B-708 - Compensation of trustee. Clayton Davis, Board President for Alabama Family Trust, assisted with the drafting of the new law and has created a Notice form and an Affidavit form to comply with the new law’s requirements. Alabama Family Trust is a Trademark by Alabama Family Trust Fund Corp., the address on file for this trademark is 100 North Union Street, Montgomery, AL 36130 Section 19-3B-1007 - Event affecting administration or distribution. The res may be of nominal value (e.g., $1). Section 19-3B-811 - Enforcement and defense of claims. The laws of Alabama allow the surviving spouse to receive the estate without contest. Section 19-3B-1013 - Certification of trust. Originally prepared in 1997, it is based on Trust Accounting for Attorneys in Georgiawhich was written by Terri Olson during her term as Director of the Law Practice Management Program of the State Bar of Georgia. Section 19-3B-506 - Overdue distribution. Section 19-3B-709 - Reimbursement of expenses. 2d "Trusts" § 47. Section 19-3B-507 - Personal obligations of trustee. Section 19-3B-1101 - Protection of special needs trusts and other similar trusts for disabled persons. But do you really need a trust? Section 19-3B-1202 - Electronic records and signatures. The Alabama Family Trust is an qualified 501 (c)(3) nonprofit organization recognized as tax-exempt by the IRS. Section 19-3B-809 - Control and protection of trust property. Use this page to navigate to all sections within the Title 19. Alabama does not use the Uniform Probate Code, a set of laws that simplify the probate process. 2014 - Board Member for Alabama Family Trust 2012 to 2014 - Advisory Board Member for Alabama Family Trust. title 12 - courts. Section 19-3B-603 - Settlor's powers; powers of withdrawal. court opinions. Alabama Family Trust is a non-profit, 501 (c) 3, pooled trust company administering special needs trusts for the disabled throughout the United States. Section 19-3B-1008 - Exculpation of trustee. Welcome to FindLaw's online manual on Alabama property and real estate laws, written specifically to help non-attorneys make sense of the law. Section 19-3B-1302 - Trust void as to creditors or purchasers without notice. Am. title 13a - criminal code. Alabama Family Trust is happy to provide these forms to you to help you in your probate practice. Section 19-3B-814 - Discretionary powers; tax savings. Section 19-3B-110 - Others treated as qualified beneficiaries. A grantor trust is defined under the Internal Revenue Code as one in which the federal income tax consequences of the trust's investment activities are entirely the responsibility of the grantor or another individual who has unfettered power to … This section covers some of the more common legal issues facing homeowners and tenants, such as the state's rules and regulations governing leases and rental agreements. 9:30 Break. Section 19-3B-1201 - Uniformity of application and construction. Section 19-3B-305 - Appointment of representative. If your net worth will be under this amount when you die, the … Section 19-3B-1203 - Severability clause. Section 19-3B-1301 - Trust concerning lands required to be in writing. Alabama Family Laws Family law is a relatively broad legal practice area that encompasses a wide array of legal issues, including marriage, divorce, adoption, child support, paternity, and the emancipation of minors, just to name a few. Section 19-3B-818 - Life insurance policies held by trustee. 90-210.61, custodial arrangements under Chapter 33A of the General Statutes and Chapter 33B of the General Statutes, business trusts providing for certificates to be issued to beneficiaries, common trust funds, voting trusts, security Section 19-3B-602 - Revocation or amendment of revocable trust. Use our free directory to instantly connect with verified Family Trust attorneys. 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