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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
Working Relentlessly For You

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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Lelia Palmore Winget-Hernandez

Litigation, Estate Planning, Estate, Consumer Protection

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CONTACT

5570 Richmond Road, Troy, VA 22974

Paul Michael Winget-Hernandez

Litigation, Estate Administration, Estate Planning, Elder Law

Status:

CONTACT

5570 Richmond Road, Troy, VA 22974

Barbara Wright Goshorn

Real Estate, Estate

Status:

CONTACT

Palmyra, VA 22963

Barbara Sprowls Jenkins

Estate, Civil & Human Rights

Status:

CONTACT

310 E Main Street, Louisa, VA 23093

Richard Wolfe Arnold

Litigation, Trusts, Corporate

Status:

CONTACT

115 West Main Street, Louisa, VA 23093

David Marshall Branch

Estate

Status:

CONTACT

Goochland, VA 23063

Bruce F. Fein

Industry Specialties, Estate, Business

Status: Licensed: 61 Years

CONTACT

3383 Marsden Pt, Keswick, VA 22947

Daniel Thomas Murray

General Practice

Status: Licensed: 55 Years

CONTACT

3071 Darby Rd, Keswick, VA 22947

Marta Engdahl

Wills, Wills & Probate, Trusts

Status:

CONTACT

1953 Thomas Jefferson Prkwy, Charlottesville, VA 22902

Paul Stuart Cohen

Personal Injury, Insurance, Commercial Real Estate, Trusts, Estate Planning

Status:

CONTACT

2305 Lanes End Pl, Maidens, VA 23102

800-814-6700

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LEGAL TERMS

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

MARITAL LIFE ESTATE TRUST

See AB trust.

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.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living 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 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). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

SAMPLE LEGAL CASES

Estate of James v. Peyton

In these consolidated interlocutory appeals arising from a personal injury action, we consider whether the circuit court erred in concluding that an amended motion for judgment properly names an administrator of an estate rather than the estate itself as a party defendant. Specifically, ...

Idoux v. Estate of Helou

On September 2, 2008, Idoux filed the present negligence action in the circuit court and identified the defendant as the "Estate of Raja Alexander Helou." On November 17, 2008, Idoux served the personal representative of the Estate with the complaint, after the relevant statute of ...

Williams v. COM., REAL ESTATE BOARD

The underlying facts in this matter are highly contested, and rather convoluted. In the fall of 2004, Williams was a licensed real estate agent working for Virginia Real Estate and Development, Inc. (VARED). On December 8, 2004, Williams entered into an agreement ...

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Kents Store Estate Lawyer, Virginia

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Lelia Palmore Winget-Hernandez

Paul Michael Winget-Hernandez

Barbara Wright Goshorn

Barbara Sprowls Jenkins

Richard Wolfe Arnold

David Marshall Branch

Bruce F. Fein

Daniel Thomas Murray

Marta Engdahl

Paul Stuart Cohen

TIPS

LEGAL TERMS

STATUTORY SHARE

MARITAL LIFE ESTATE TRUST

GENERATION-SKIPPING TRANSFER TAX

PROBATE

GRANTOR

FINAL BENEFICIARY

PER STIRPES

ADMINISTRATION (OF AN ESTATE)

GRANT DEED

SAMPLE LEGAL CASES

Estate of James v. Peyton

Idoux v. Estate of Helou

Williams v. COM., REAL ESTATE BOARD

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