Nelson County, VA Trusts Lawyers, page 2

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Will Woodrow
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Stone & Woodrow LLP
250 W Main Street Suite 201 Charlottesville, VA 22902» view map
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1. Will Woodrow Charlottesville, VA
  Attorney at Law - VA, 2014
  University of Virginia School of Law J.D.
2. AboutStone & Woodrow LLP
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Not enough matches for Nelson Trusts lawyer.
Below are all Nelson lawyers.

Arax R Brumfield

General Practice

Status: In Good Standing Licensed: 49 Years

CONTACT

2196 Miller Lake Rd, Afton, VA 22920

Jimmie A Brumfield

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

2196 Miller Lake Rd, Afton, VA 22920

Danny Lee Fassio

General Practice

Status: In Good Standing Licensed: 49 Years

CONTACT

560 Hunters Point, Nellysford, VA 22958

Richard Dyas

General Practice

Status: Inactive Licensed: 53 Years

CONTACT

Nellysford, VA 22958

Jerome Howard Gress

General Practice

Status: In Good Standing

CONTACT

Lovingston, VA 22949

Joseph R. Gladden

General Practice

Status: Inactive Licensed: 56 Years

CONTACT

7285 Plank Road, Afton, VA 22920

Harry L. Goodrich

General Practice

Status: Inactive Licensed: 49 Years

CONTACT

331 Wood Nettle Lane, Nellysford, VA 22958

Michael S. Lang

General Practice

Status: In Good Standing Licensed: 54 Years

CONTACT

Nellysford, VA 22958

Henry George Bisgaier

General Practice

Status: In Good Standing Licensed: 63 Years

CONTACT

1128 Ortman Rd, Afton, VA 22920

John Stevens

General Practice

Status: Inactive Licensed: 59 Years

CONTACT

597 Sleepy Hollow Rd, Roseland, VA 22967

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LEGAL TERMS

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

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.

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).

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

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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Nelson County, VA Trusts Lawyers, page 2

Sponsored Law Firm

Stone & Woodrow LLP

SPONSORED LAWYERS

Arax R Brumfield

Jimmie A Brumfield

Danny Lee Fassio

Richard Dyas

Jerome Howard Gress

Joseph R. Gladden

Harry L. Goodrich

Michael S. Lang

Henry George Bisgaier

John Stevens

TIPS

LEGAL TERMS

QDOT TRUST

GENERATION-SKIPPING TRANSFER TAX

POWER OF APPOINTMENT

HEIR APPARENT

REMAINDERMAN

PER CAPITA

FAILURE OF ISSUE

SUCCESSION

BYPASS TRUST

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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