Exmore Trusts Lawyer, Virginia

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Seth Price
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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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Anita C Johnson

Real Estate, Trusts

Status: In Good Standing

CONTACT

23405 Front St, Accomac, VA 23301

Bryce Colin Harrison

Military, Litigation, Trusts, Business

Status: In Good Standing

CONTACT

950 Jefferson Ave, Fort Eustis, VA 23604

Darrel L Longest

Elder Law, Trusts, Commercial Real Estate, Business

Status: In Good Standing

CONTACT

1075 Blueberry Point Rd, White Stone, VA 22578

Darrel L Longest

Elder Law, Trusts, Real Estate, Business

Status: Retired Licensed: 55 Years

CONTACT

1075 Blueberry Point Rd, White Stone, VA 22578

Dexter C. Rumsey

Trusts, Estate Planning

Status: In Good Standing

CONTACT

Irvington, VA 22480

Elizabeth Ellen Bircher

Real Estate, Wills & Probate, Trusts, Elder Law

Status: In Good Standing

CONTACT

12610 Patrick Henry Dr, Newport News, VA 23602

James Alfred Butts

Real Estate, Wills & Probate, Trusts, Estate Planning, Estate

Status: In Good Standing

CONTACT

4421 Irvington Road, Irvington, VA 22480

Jeffrey Robert Osborne

General Practice

Status: Retired Licensed: 41 Years

CONTACT

234 Petersburg Court, Newport News, VA 23606

Jeffrey Floyd Riddle

Commercial Real Estate, Trusts, Civil Rights, Business

Status: In Good Standing

CONTACT

601 Thimble Shoals Blvd, Newport News, VA 23606

Louis Napoleon Joynes

Traffic, Trusts, Workers' Compensation, Civil Rights

Status: In Good Standing Licensed: 25 Years

CONTACT

564 Lynnhaven Parkway, Onancock, VA 23417

800-923-0641

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LEGAL TERMS

CREDIT SHELTER TRUST

See AB trust.

WARRANTY DEED

A seldom-used type of deed that contains express assurances about the legal validity of the title being transferred.

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.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

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.

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

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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Exmore Trusts Lawyer, Virginia

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Anita C Johnson

Bryce Colin Harrison

Darrel L Longest

Darrel L Longest

Dexter C. Rumsey

Elizabeth Ellen Bircher

James Alfred Butts

Jeffrey Robert Osborne

Jeffrey Floyd Riddle

Louis Napoleon Joynes

TIPS

LEGAL TERMS

CREDIT SHELTER TRUST

WARRANTY DEED

MINERAL RIGHTS

ENDOWMENT INSURANCE

BYPASS TRUST

POUR-OVER WILL

PER CAPITA

AB TRUST

LAPSE

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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