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Basye Trusts Lawyer, Virginia

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1-8 of 8 matches. Page 1 of 1  

Todd A. Steiner

Communication & Media Law, Civil Rights, Trusts, Business
Status:  In Good Standing           
CONTACT
Woodstock, VA 22664
Profile LAWPOINTS™29/100
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Cathy Jackson Leitner

Real Estate, Trusts
Status:  In Good Standing           
CONTACT
2565 John Wayland Hwy, Harrisonburg, VA 22801
Profile LAWPOINTS™17/100
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Daryl Lee Funk

Trusts, Criminal, Bankruptcy, Bankruptcy & Debt
Status:  In Good Standing           
CONTACT
428 Kerfoot Avenue, Front Royal, VA 22630
Profile LAWPOINTS™19/100
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J. Daniel Pond

Corporate, Land Use & Zoning, Family Law, Trusts
Status:  In Good Standing           
CONTACT
35 N Royal Ave, Front Royal, VA 22630
Profile LAWPOINTS™19/100
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Michael Timothy Brown

Residential Real Estate, Litigation, Trusts, Administrative Law
Status:  In Good Standing           
CONTACT
Washington, VA 22747
Profile LAWPOINTS™17/100
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Douglas K. Baumgardner

Residential Real Estate, Litigation, Trusts, Administrative Law
Status:  In Good Standing           
CONTACT
211-A Main Street, Washington, VA 22747
Profile LAWPOINTS™17/100
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Elizabeth McCall

Elder Law, Trusts, Employment
Status:  In Good Standing           Licensed:  44 Years
CONTACT
158 Old Forest Cir, Winchester, VA 22602
Profile LAWPOINTS™17/100
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Joan Kusta Fine

Landlord-Tenant, Wills, Trusts, Estate Planning, Contract
Status:  In Good Standing           
CONTACT
302 W. Boscawen Street, Winchester, VA 22601
Profile LAWPOINTS™34/100
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LEGAL TERMS

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.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)
Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

SURROGATE COURT

See probate court.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

CURATOR

See conservator.

TESTAMENTARY TRUST

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

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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