Meredithville Estate Planning Lawyer, Virginia, page 2

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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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Includes: Gift Taxation

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Walter Randolph Beales

Real Estate, Motor Vehicle, Estate, Business

Status: In Good Standing

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Boydton, VA 23917

Walter Randolph Beales

Real Estate, Traffic, Estate, Business

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157 Madison Street, Boydton, VA 23917

John B. Chappell

Transportation & Shipping, Government Agencies, Wills & Probate, Civil Rights

Status: In Good Standing

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Dinwiddie, VA 23841

Ann Cabell Baskervill

Wills

Status: In Good Standing

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Dinwiddie, VA 23841

David Gregory Moss

Criminal, Custody & Visitation, Wills & Probate

Status: In Good Standing

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9191 Washington Street, Amelia Court House, VA 23002

Laura Woodworth Keohane

Government, Estate, Business

Status: In Good Standing

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126 Wilson Circle, Farmville, VA 23901

Harlan Lee Horton

Real Estate, Estate, Criminal, Bankruptcy & Debt

Status: In Good Standing

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Farmville, VA 23901

Eric Amos Tinnell

Landlord-Tenant, Traffic, Estate, Wrongful Termination

Status: In Good Standing

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Farmville, VA 23901

Edwin P. Lancaster

Real Estate, Estate, Criminal, Accident & Injury

Status: In Good Standing

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Farmville, VA 23901

Charles Thornton Baskervill

Wills

Status: In Good Standing

CONTACT

20 E Tabb St, Fort Lee, VA 23803

800-923-0641

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LEGAL TERMS

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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).

GRANTOR

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

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

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.

SAMPLE LEGAL CASES

Ott v. L & J HOLDINGS, LLC

... Lou Ann consulted Glenn H. Goodpasture, a Fredericksburg attorney, who formed an entity called L & J Holdings, LLC (L & J) to accomplish her purpose. Lou Ann had also consulted R. Leigh Frackleton, Jr., Goodpasture's law partner, with respect to estate planning. ...

Keener v. Keener

... More than four years before his death, the testator consulted an attorney specializing in estate planning, who prepared a "pour-over" will that left all the testator's property to the "Hollis Grant Keener Revocable Living Trust" (the trust). ...

Campbell v. Campbell

... App. 580, 586, 397 SE2d 257, 261 (1990). "[G]ifts to family members c[an] be considered dissipation," but a "pattern of pre-separation giving as a part of estate planning" can provide evidence to support a finding that the giving was not done in anticipation of divorce. ...

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Meredithville Estate Planning Lawyer, Virginia, page 2

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Walter Randolph Beales

Walter Randolph Beales

John B. Chappell

Ann Cabell Baskervill

David Gregory Moss

Laura Woodworth Keohane

Harlan Lee Horton

Eric Amos Tinnell

Edwin P. Lancaster

Charles Thornton Baskervill

TIPS

LEGAL TERMS

BENEFICIARY

KINDRED

TRUSTEE POWERS

DOWER AND CURTESY

PER CAPITA

GRANTOR

SELF-PROVING WILL

ADMINISTRATRIX

AB TRUST

SAMPLE LEGAL CASES

Ott v. L & J HOLDINGS, LLC

Keener v. Keener

Campbell v. Campbell

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