Madison Heights Estate Planning Lawyer, Virginia

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Bryan Klein
About | Practice Areas
The Central Virginia Law Center, PLLC
4026 Wards Road Suite G1 Lynchburg, VA 24502» view map
Divorce & Family, Business, Estate
A Better Way Forward

Dedicated and caring law practice in Central Virginia to assist you in your legal matters.

800-947-2810
1. Bryan Klein Lynchburg, VA
  Attorney at Law- VA
2. AboutThe Central Virginia Law Center, PLLC
  A Better Way Forward
3. Practice AreasExpertise
  Divorce & Family
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Includes: Gift Taxation

Alexandra Miller Smith

Estate Planning, Estate, Elder Law, Civil & Human Rights

Status: In Good Standing Licensed: 10 Years

CONTACT

3814 Cambria Street, Lynchburg, VA 24502

Andrew Owen Gay

Construction, Litigation, Estate Planning

Status: In Good Standing Licensed: 9 Years

CONTACT

Lynchburg, VA 24505

Chuck Sharkey

Estate Planning, Business, Immigration

Status: In Good Standing

CONTACT

Forest, VA 24551

Edward Albion Armfield

Workers' Compensation, Personal Injury, Estate Planning

Status: In Good Standing

CONTACT

806 E. Main St., Bedford, VA 24523

Elizabeth Blair Trent

Traffic, Child Custody, DUI-DWI, Personal Injury, Estate Planning

Status: In Good Standing

CONTACT

Farmville, VA 23901

Gregory Minor Johnson

Tax, Estate Planning, Business, Personal Injury

Status: In Good Standing

CONTACT

400 Locust Ave, Charlottesville, VA 22902

H T Carmichael

Other, Real Estate, Trusts, Gift Taxation

Status: In Good Standing

CONTACT

619 Stonewall St, Lexington, VA 24450

J. Steven Grist

Commercial Real Estate, Estate Planning, Corporate

Status: In Good Standing Licensed: 38 Years

CONTACT

402 S Main St, Lexington, VA 24450

James Page Williams

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

Status: In Good Standing

CONTACT

530 E Main St, Charlottesville, VA 22902

Jane Carroll Bauer

Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 43 Years

CONTACT

220 Sunrise Ridge Cir, Lexington, VA 24450

800-923-0641

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

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.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving 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 capita, Julie and the two grandchildren will each take a third. If, on the other hand, 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).

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

CERTIFICATION OF TRUST

See abstract of trust.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

PRETERMITTED HEIR

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child b... (more...)

A child or spouse who is not mentioned in a will and whom the court believes was accidentally overlooked by the person who made the will. For example, a child born or adopted after the will is made may be deemed a pretermitted heir. If the court determines that an heir was accidentally omitted, that heir is entitled to receive the same share of the estate as she would have if the deceased had died without a will. A pretermitted heir is sometimes called an 'omitted heir.'

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

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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Madison Heights Estate Planning Lawyer, Virginia

Sponsored Law Firm

The Central Virginia Law Center, PLLC

SPONSORED LAWYERS

Alexandra Miller Smith

Andrew Owen Gay

Chuck Sharkey

Edward Albion Armfield

Elizabeth Blair Trent

Gregory Minor Johnson

H T Carmichael

J. Steven Grist

James Page Williams

Jane Carroll Bauer

TIPS

LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

HOLOGRAPHIC WILL

PER CAPITA

PROVING A WILL

CERTIFICATION OF TRUST

KINDRED

WILL

PRETERMITTED HEIR

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

SAMPLE LEGAL CASES

Ott v. L & J HOLDINGS, LLC

Keener v. Keener

Campbell v. Campbell

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