Crumpton Trusts Lawyer, Maryland

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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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Allison Burr Hicks

Criminal, Family Law, Trusts, Dispute Resolution

Status: In Good Standing Licensed: 11 Years

CONTACT

212 Birch Run Road, Chestertown, MD 21620

Amy Landbeck Snyder

Family Law, State Government, Trusts, Wills & Probate

Status: In Good Standing Licensed: 26 Years

CONTACT

4305 Susquehanna Ave, Aberdeen Proving Ground, MD 21005

Andrew Charles Meehan

General Practice

Status: In Good Standing

CONTACT

Still Pond, MD 21667

Andrew Charles Meehan

Real Estate, Business, Corporate, Trusts

Status: In Good Standing

CONTACT

Still Pond, MD 21667

Bridget Mary Cahall

Family Law, Trusts, Commercial Real Estate

Status: In Good Standing

CONTACT

217 High Street, Chestertown, MD 21620

Charles Russell Athey

Wills & Probate, Estate, Trusts

Status: In Good Standing

CONTACT

200 Washington Avenue, Chestertown, MD 21620

Charles Russell Athey

General Practice

Status: In Good Standing

CONTACT

200 Washington Avenue, Chestertown, MD 21620

Eugenia C Wootton

Real Estate, Trusts, Child Custody, Credit & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

200 Court Street, Chestertown, MD 21620

Howard Aaron Brucker

Trusts, Workers' Compensation, Divorce & Family Law, Criminal

Status: In Good Standing Licensed: 12 Years

CONTACT

Abingdon, MD 21009

James Elmer Thompson

Land Use & Zoning, Real Estate, Trusts, Estate

Status: In Good Standing Licensed: 73 Years

CONTACT

Centreville, MD 21617

800-923-0641

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LEGAL TERMS

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

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.

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.

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.

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

HEIR APPARENT

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

NET ESTATE

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

SAMPLE LEGAL CASES

Johnson v. Johnson

... George T. Bogert, The Law of Trusts and Trustees Â§ 181 at 244-46 (Rev.2d ed.1979) (internal footnotes omitted). ... Once the shares were distributed into Trusts A and B, the Trust set forth how the Trustee was to hold, manage, and distribute the Trust. ...

Elder v. Smith

... Vol.), Â§ 8-104 of the Estates and Trusts Article ("ET"). ... Again, the Estates and Trusts Article governs such claims, and there is nothing in that Article permitting a creditor with a pre-death claim to enhance the priority of its claim post-death. ...

Spry v. Gooner

... appellants lacked standing. The basis of the order was that appellants were not "interested persons" within the meaning of Maryland Code (2001 Repl.Vol., 2008 Supp.), Â§ 1-101(i) of the Estates & Trusts Article ("ET"). Ralph Gooner ...

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Crumpton Trusts Lawyer, Maryland

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Allison Burr Hicks

Amy Landbeck Snyder

Andrew Charles Meehan

Andrew Charles Meehan

Bridget Mary Cahall

Charles Russell Athey

Charles Russell Athey

Eugenia C Wootton

Howard Aaron Brucker

James Elmer Thompson

TIPS

LEGAL TERMS

ACCUMULATION TRUST

PERSONAL PROPERTY

CONTINGENT BENEFICIARY

RESIDUARY ESTATE

RULE AGAINST PERPETUITIES

TRUST CORPUS

INTESTATE

HEIR APPARENT

NET ESTATE

SAMPLE LEGAL CASES

Johnson v. Johnson

Elder v. Smith

Spry v. Gooner

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