Lovingston Trusts Lawyer, Virginia

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Seth Price
About | Practice Areas
Price Benowitz LLP
409 7Th St Nw Suite 200 Washington, DC 20004Â» view map
Estate Law
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Our firm was built on the understanding that comprehensive representation does not begin and end in the courtroom.

202-600-9400
1. Seth Price Washington, DC
  Attorney at Law- DC, 1996
  George Washington University Law School
2. AboutPrice Benowitz LLP
  Working Relentlessly for You
3. Practice AreasExpertise
  Estate Law
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Marcelle Barbara Morel

Trusts

Status: In Good Standing

CONTACT

4737 Green Creek Rd, Schuyler, VA 22969

Gabriel Dan Serbulea

Trusts

Status: Inactive Licensed: 13 Years

CONTACT

307 Patriot Way, Charlottesville, VA 22903

James Walter Curd

Real Estate, Wills & Probate, Trusts, Contract

Status: In Good Standing

CONTACT

Fishersville, VA 22939

Julie A King

Commercial Real Estate, Litigation, Trusts, Estate Planning

Status: In Good Standing

CONTACT

1001 E. Market Street, Charlottesville, VA 22902

Catherine Hailey Vaughan Robertson

Real Estate, Litigation, Trusts, Family Law

Status: In Good Standing

CONTACT

2424 Jefferson Park Avenue, Charlottesville, VA 22903

George Samuel Geis

Litigation, Trusts, Elder Law, Bankruptcy

Status: In Good Standing Licensed: 26 Years

CONTACT

1427 West Leigh Dr, Charlottesville, VA 22901

Molly BF Walls

International, Estate, Trusts, Tax

Status: In Good Standing Licensed: 37 Years

CONTACT

213 Burnet Street, Charlottesville, VA 22902

Thomas Grasty Bell

Education, Landlord-Tenant, Wills & Probate, Trusts, Employment

Status: In Good Standing

CONTACT

Staunton, VA 24402

Nick Allen Williford

General Practice

Status: In Good Standing Licensed: 10 Years

CONTACT

922 Morton Ln, Charlottesville, VA 22903

Alexander Yang

Elder Law, Trusts, Construction, Agriculture

Status: In Good Standing

CONTACT

1982 Arlington Blvd, Charlottesville, VA 22903

800-923-0641

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LEGAL TERMS

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.

FAMILY POT TRUST

See pot trust.

SUCCESSOR TRUSTEE

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

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.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

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.

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.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

SAMPLE LEGAL CASES

Dodge v. Randolph-Macon Woman's College

... The Attorney General shall have the same authority to act on behalf of the public with respect to such assets as he has with respect 808 to assets held by unincorporated charitable trusts and other charitable entities, including the authority to seek such judicial relief as may be ...

Ladysmith Rescue Squad, Inc. v. Newlin

... At that point, the trustees, the two surviving income beneficiaries and Upper Caroline (the moving parties) moved the court to authorize the trustees to divide the trust into two equal trusts, to be called the "Upper Caroline Trust" and the "Ladysmith Trust." Ladysmith objected to the ...

RUSSELL REALTY ASSOCIATES v. Russell

... The partnership interests were held by Charles Russell, Eddie, individually, and Eddie and Nina as co-trustees of the trusts created for the benefit of Nina and her two sons. Between 1978 and 1985, Charles Russell decreased his partnership interest. ...

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Lovingston Trusts Lawyer, Virginia

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Marcelle Barbara Morel

Gabriel Dan Serbulea

James Walter Curd

Julie A King

Catherine Hailey Vaughan Robertson

George Samuel Geis

Molly BF Walls

Thomas Grasty Bell

Nick Allen Williford

Alexander Yang

TIPS

LEGAL TERMS

FAMILY ALLOWANCE

FAMILY POT TRUST

SUCCESSOR TRUSTEE

FINAL BENEFICIARY

REMAINDERMAN

AB TRUST

INHERIT

PROBATE

HOLOGRAPHIC WILL

SAMPLE LEGAL CASES

Dodge v. Randolph-Macon Woman's College

Ladysmith Rescue Squad, Inc. v. Newlin

RUSSELL REALTY ASSOCIATES v. Russell

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