Sharptown Estate Lawyer, Maryland, page 3

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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
Working Relentlessly For You

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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Walter D Webster

Real Estate, Federal Appellate Practice, Government, Trusts

Status: In Good Standing Licensed: 68 Years

CONTACT

132 E Main St, Salisbury, MD 21801

Albert Gillis Allen

Wills & Probate

Status: In Good Standing Licensed: 10 Years

CONTACT

419 Forest Ln, Salisbury, MD 21801

Christopher R Robinson

Litigation, Trusts, Estate, Criminal

Status: In Good Standing Licensed: 29 Years

CONTACT

526 Poplar St, Cambridge, MD 21613

Teri Belcher

Litigation, Trusts, Elder Law, Corporate

Status: In Good Standing Licensed: 22 Years

CONTACT

319 High St, Cambridge, MD 21613

Jean Roger Buchen

Trusts, Estate

Status: In Good Standing Licensed: 47 Years

CONTACT

4335 Powell School Rd, Pittsville, MD 21850

Ramon Anthony Gras

Real Estate, Trusts, Corporate, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

210 August St, Easton, MD 21601

Ryan Christopher Atwell

Traffic, Federal Appellate Practice, Trusts, Family Law

Status: In Good Standing

CONTACT

21 N Hanson St, Easton, MD 21601

Ryan Christopher Atwell

Traffic, Federal Appellate Practice, Trusts, Family Law

Status: In Good Standing Licensed: 24 Years

CONTACT

21 N Hanson St, Easton, MD 21601

William Thomas Fountain

Trusts, Estate, Employee Rights, Wills & Probate

Status: In Good Standing Licensed: 56 Years

CONTACT

16 S Washington St, Easton, MD 21601

Philip E L Dietz

Real Estate, Trusts, Employee Rights, Corporate

Status: In Good Standing Licensed: 52 Years

CONTACT

16 S Washington St, Easton, MD 21601

800-923-0641

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LEGAL TERMS

PERSONAL PROPERTY

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, p... (more...)

All property other than land and buildings attached to land. Cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, pets and season baseball tickets are all examples of personal property. Personal property may also be called personal effects, movable property, goods and chattel, and personalty. Compare real estate.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

NET ESTATE

The value of all property owned at death less liabilities or debts.

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

FAILURE OF ISSUE

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

SAMPLE LEGAL CASES

Pautsch v. MARYLAND REAL ESTATE COM'N

16 A.3d 977 (2011). 418 Md. 587. JOEL PAUTSCH v. MARYLAND REAL ESTATE COM'N. Pet. Docket No. 619. Court of Appeals of Maryland. Granted April 22, 2011. Petition for Writ of Certiorari granted.

Attorney Grievance v. Kendrick

... 13, 1994, violated Rules 1.1 (Competence), [2] 1.3 (Diligence), [3] 1.5 (Fees), [4] 1.15 (Safekeeping Property), [5] and 8.4 (Misconduct) [6] of the Maryland Rules of Professional Conduct ("MRPC") in her representation as Co-Personal Representative of the Estate of Judith Nina ...

Kroll v. Fisher

... Circuit Court for Allegany County. Appellee is the personal representative of the estate of Mary D. Kroll ("Ms. Kroll"), and prior to Ms. Kroll's death, appellee acted as attorney-in-fact for Ms. Kroll. In his complaint, appellant alleged ...

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Sharptown Estate Lawyer, Maryland, page 3

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Walter D Webster

Albert Gillis Allen

Christopher R Robinson

Teri Belcher

Jean Roger Buchen

Ramon Anthony Gras

Ryan Christopher Atwell

Ryan Christopher Atwell

William Thomas Fountain

Philip E L Dietz

TIPS

LEGAL TERMS

PERSONAL PROPERTY

PREDECEASED SPOUSE

TESTAMENTARY TRUST

SPENDTHRIFT TRUST

RESIDUARY ESTATE

NET ESTATE

AB TRUST

MARITAL LIFE ESTATE TRUST

FAILURE OF ISSUE

SAMPLE LEGAL CASES

Pautsch v. MARYLAND REAL ESTATE COM'N

Attorney Grievance v. Kendrick

Kroll v. Fisher

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