Esmont Estate Planning Lawyer, Virginia

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Daniel J. Bounds
About | Practice Areas
Bounds & Bounds, PLLC
1724 Cloister Dr Richmond, VA 23238» view map
Divorce & Family Law
40+ Years Combined Experience

All of our attorneys are Marines. We think outside the box to get the job done–stress be damned. We believe success is built upon a range of experiences.

800-799-5380
1. Daniel J. Bounds Richmond, VA
  Attorney at Law - VA, 2019
  Louisiana State University J.D.
2. AboutBounds & Bounds, PLLC
  Our firm is always ready to go the distance and represent your interests at trial.
3. Practice AreasExpertise
  Divorce & Family Law
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Includes: Gift Taxation

Thomas Hardin Romer

General Practice

Status: In Good Standing

CONTACT

1117 Richland Drive, Charlottesville, VA 22903

Julie A King

Commercial Real Estate, Litigation, Trusts, Estate Planning

Status: In Good Standing

CONTACT

1001 E. Market Street, Charlottesville, VA 22902

Robert Bruce Goss

Estate Planning, Personal Injury, Government, Consumer Bankruptcy, Health Care

Status: In Good Standing

CONTACT

431 Maple View Court, Charlottesville, VA 22902

Robert Bruce Goss

Estate Planning, Personal Injury, Government, Consumer Bankruptcy, Health Care

Status: In Good Standing

CONTACT

431 Maple View Court, Charlottesville, VA 22902

Robert B Goss

Health Care, Government, Estate Planning, Consumer Bankruptcy, Personal Injury

Status: In Good Standing Licensed: 46 Years

CONTACT

431 Maple View Court, Charlottesville, VA 22902

Kristen Elizabeth Smith Bain

Trusts, Estate Planning

Status: In Good Standing

CONTACT

455 Second Street, Se, Charlottesville, VA 22902

Stacey Lynn McDonough

Landlord-Tenant, Intellectual Property, Trusts, Estate Planning, Business

Status: In Good Standing

CONTACT

106 W South St, Charlottesville, VA 22902

Richard Hugh Howard-Smith

Trusts, Estate Planning, Estate, Business

Status: In Good Standing

CONTACT

530 E Main St, Charlottesville, VA 22902

James Page Williams

Commercial Real Estate, Construction, Estate Planning, Banking & Finance

Status: In Good Standing

CONTACT

530 E Main St, Charlottesville, VA 22902

Justin Arthur Ritter

Estate Planning, Family Law, Contract, Bankruptcy & Debt

Status: In Good Standing

CONTACT

300 Preston Avenue, Charlottesville, VA 22902

800-923-0641

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LEGAL TERMS

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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.'

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

SAMPLE LEGAL CASES

Ott v. L & J HOLDINGS, LLC

... Lou Ann consulted Glenn H. Goodpasture, a Fredericksburg attorney, who formed an entity called L & J Holdings, LLC (L & J) to accomplish her purpose. Lou Ann had also consulted R. Leigh Frackleton, Jr., Goodpasture's law partner, with respect to estate planning. ...

Keener v. Keener

... More than four years before his death, the testator consulted an attorney specializing in estate planning, who prepared a "pour-over" will that left all the testator's property to the "Hollis Grant Keener Revocable Living Trust" (the trust). ...

Campbell v. Campbell

... App. 580, 586, 397 SE2d 257, 261 (1990). "[G]ifts to family members c[an] be considered dissipation," but a "pattern of pre-separation giving as a part of estate planning" can provide evidence to support a finding that the giving was not done in anticipation of divorce. ...

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Esmont Estate Planning Lawyer, Virginia

Sponsored Law Firm

Bounds & Bounds, PLLC

SPONSORED LAWYERS

Thomas Hardin Romer

Julie A King

Robert Bruce Goss

Robert Bruce Goss

Robert B Goss

Kristen Elizabeth Smith Bain

Stacey Lynn McDonough

Richard Hugh Howard-Smith

James Page Williams

Justin Arthur Ritter

TIPS

LEGAL TERMS

INVENTORY

SUCCESSOR TRUSTEE

RESIDUARY BENEFICIARY

LIVING TRUST

PROBATE COURT

CERTIFIED COPY

ABATEMENT

TAKING AGAINST THE WILL

EXECUTOR

SAMPLE LEGAL CASES

Ott v. L & J HOLDINGS, LLC

Keener v. Keener

Campbell v. Campbell

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