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Seth Price
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Price Benowitz LLP
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Estate Law
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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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Charles David Hatley

Litigation, Trusts, Family Law, Divorce & Family Law

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575 Lynnhaven Pkwy, Virginia Beach, VA 23452

Benjamin Michael Heath

Wills, Trusts, Family Law, Bankruptcy

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575 Lynnhaven Parkway, Virginia Beach, VA 23452

Spotswood Law

Corporate, Real Estate, Trusts, Wills & Probate

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40 Court St, Mathews, VA 23109

Malcolm Bernard Higgins

Litigation, Trusts, Contract, Personal Injury

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607 Lynnhaven Pkwy, Virginia Beach, VA 23452

Steven Jay Harwood

International Tax, Trusts, Merger & Acquisition, Corporate, Business

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468 Viking Dr, Virginia Beach, VA 23452

Timothy Roy Douglass

Estate Planning, Bankruptcy, Trusts, Estate, Wills

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291 Independence Blvd, Virginia Beach, VA 23462

Karen Beth Elligers

Trusts, Family Law, Divorce & Family Law, Collection

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One Columbus Center, Virginia Beach, VA 23462

Rachel Zuraw

Estate Planning, Trusts, Estate, Estate Administration

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249 Central Park Avenue, Virginia Beach, VA 23462

Burke W. Margulies

Commercial Real Estate, Trusts, Estate Planning, Estate

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222 Central Park Ave, Virginia Beach, VA 23462

Jo Ann Blair-Davis

International, Trusts, Estate, Civil & Human Rights

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222 Central Park Ave, Virginia Beach, VA 23462

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LEGAL TERMS

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

HEIR APPARENT

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

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

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.

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.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

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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Cape Charles Trusts Lawyer, Virginia, page 3

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Charles David Hatley

Benjamin Michael Heath

Spotswood Law

Malcolm Bernard Higgins

Steven Jay Harwood

Timothy Roy Douglass

Karen Beth Elligers

Rachel Zuraw

Burke W. Margulies

Jo Ann Blair-Davis

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LEGAL TERMS

RESIDUARY BENEFICIARY

INVENTORY

HEIR APPARENT

SPECIAL ADMINISTRATOR

SPRINKLING TRUST

TRUST MERGER

MINERAL RIGHTS

SUCCESSION

CONTINGENT BENEFICIARY

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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