Carrsville Trusts Lawyer, Virginia

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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
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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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Rachel S. Gunther

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Trusts, Estate Planning, Living Wills, Real Estate, Business Organization

FREE CONSULTATION

CONTACT

757-671-3352

4646 Princess Anne Rd, Virginia Beach, VA 23454

Dominic P. Lascara

Wills & Probate, Trusts, Business, Real Estate, Estate

Status: In Good Standing

CONTACT

652 Independence Parkway, Chesapeake, VA 23320

Daniel Vinson

Corporate, Personal Injury, Civil Rights, Trusts

Status: In Good Standing

CONTACT

28319 Southampton Parkway, Courtland, VA 23837

Jessica Mellington Booth

Trusts

Status: In Good Standing

CONTACT

117 Market Street, Suffolk, VA 23434

E. Diane Thompson

Trusts, Estate Planning, Estate

Status: In Good Standing

CONTACT

117 Market St, Suffolk, VA 23434

Daniel Vinson

Corporate, Personal Injury, Civil Rights, Trusts

Status: In Good Standing

CONTACT

143 North Main Street, Suffolk, VA 23434

Kenneth L. Dietrick

Real Estate, Corporate, Trusts, Wills & Probate

Status: In Good Standing

CONTACT

2917 Evergreen Court, Chesapeake, VA 23321

Andrew Becton Gibbs

Land Use & Zoning, Entertainment, Trusts, Bankruptcy

Status: In Good Standing

CONTACT

1317 Cavalier Blvd, Chesapeake, VA 23323

Kimberly Dawn Stone Dewey

General Practice

Status: Inactive Licensed: 23 Years

CONTACT

4421 Carlton Ct, Portsmouth, VA 23703

William Richett

General Practice

Status: Inactive Licensed: 28 Years

CONTACT

5802 Campbell St, Portsmouth, VA 23703

800-923-0641

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LEGAL TERMS

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

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.

HEIR APPARENT

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

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

PREDECEASED SPOUSE

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

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.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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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Carrsville Trusts Lawyer, Virginia

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Rachel S. Gunther

Dominic P. Lascara

Daniel Vinson

Jessica Mellington Booth

E. Diane Thompson

Daniel Vinson

Kenneth L. Dietrick

Andrew Becton Gibbs

Kimberly Dawn Stone Dewey

William Richett

TIPS

LEGAL TERMS

EXECUTOR

RESIDUARY BENEFICIARY

HEIR APPARENT

TRUSTEE

ENTITY

PREDECEASED SPOUSE

GENERATION-SKIPPING TRANSFER TAX

INCOMPETENCE

IN TERROREM

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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