Midlothian Wills & Probate Lawyer, Virginia

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Daniel J. Bounds
About | Practice Areas
Bounds & Bounds, PLLC
1724 Cloister Dr Richmond, VA 23238» view map
Divorce & Family Law
40+ Years Combined Experience

All of our attorneys are Marines. We think outside the box to get the job done–stress be damned. We believe success is built upon a range of experiences.

800-799-5380
1. Daniel J. Bounds Richmond, VA
  Attorney at Law - VA, 2019
  Louisiana State University J.D.
2. AboutBounds & Bounds, PLLC
  Our firm is always ready to go the distance and represent your interests at trial.
3. Practice AreasExpertise
  Divorce & Family Law
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Includes: Estate Administration, Living Wills, Wills

Stephen E. Scarce

✓ VERIFIED

Real Estate, Wills & Probate, Trusts, Corporate

Practice focuses on business and real estate matters, including purchases and sales, lender representation, business and loan workouts, commercial rea... (more)

CONTACT

804-262-3600

6802 Paragon Place, Richmond, VA 23230

Trevor B. Reid

✓ VERIFIED

Real Estate, Wills & Probate, Trusts, Corporate

Mr. Reid joined Parker, Pollard & Brown as an associate after receiving his law degree from the University of Richmond in 2008. His practice is co... (more)

CONTACT

804-262-3600

6802 Paragon Place, Richmond, VA 23230

Meredith L. Yoder

✓ VERIFIED

Real Estate, Wills & Probate, Trusts, Corporate

Practice focuses on business and commercial law matters, including: civil litigation, mergers and acquisitions, general corporate matters; commercial ... (more)

CONTACT

804-262-3600

6802 Paragon Place, Richmond, VA 23230

Vanessa L. Jones

Family Law, Wills & Probate, Farms, Child Support

Status: In Good Standing

CONTACT

9401 Courthouse Road, Centre Court, Chesterfield, VA 23832

Phoebe P. Hall

Wills, Wills & Probate, Family Law, Divorce

Status: In Good Standing

CONTACT

1401 Huguenot Road, Midlothian, VA 23113

Franklin P. Hall

Wills, Wills & Probate, Family Law, Divorce

Status: In Good Standing

CONTACT

1401 Huguenot Road, Midlothian, VA 23113

Paula L Peaden

Wills & Probate, Estate Planning, Family Law, Elder Law

Status: In Good Standing

CONTACT

6802 Paragon Place, Richmond, VA 23230

Alexandra "Sandra" D. Bowen

Family Law, Construction, Corporate, Wills

Status: In Good Standing

FREE CONSULTATION

CONTACT

5206 Markel Road, Richmond, VA 23230

Sarah Jane Burkhart Conner

Wills & Probate, Child Custody, Divorce & Family Law

Status: In Good Standing

CONTACT

9401 Courthouse Road, Chesterfield, VA 23832

Gina Osama Mohamed Sultan

Commercial Real Estate, Real Estate, Wills, Estate Planning

Status: In Good Standing

CONTACT

8890 Three Chopt Rd, Henrico, VA 23229

800-923-0641

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LEGAL TERMS

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

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.

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.

SURROGATE COURT

See probate court.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

SAMPLE LEGAL CASES

Matthews v. Matthews

... Present: All the Justices. OPINION BY Justice S. BERNARD GOODWYN. In this case, we consider whether the circuit court erred in failing to dismiss a probate appeal when the party appealing the probate order of the clerk had also submitted a different will for probate. ...

Schilling v. Schilling

... In this appeal, we consider whether Code Â§ 64.1-49.1, effective on July 1, 2007, applies to a writing made in 2005 but not offered for probate as a holographic will until after the maker's death in September 2008. I. BACKGROUND AND MATERIAL PROCEEDINGS BELOW. ...

Keener v. Keener

... The purpose of this Trust is to reduce or eliminate probate costs to the extent possible while maintaining complete control of my assets. ... Debra went to the clerk's office of the Circuit Court of Prince William County to ascertain whether her father's will had been offered for probate. ...

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Midlothian Wills & Probate Lawyer, Virginia

Sponsored Law Firm

Bounds & Bounds, PLLC

SPONSORED LAWYERS

Stephen E. Scarce

Trevor B. Reid

Meredith L. Yoder

Vanessa L. Jones

Phoebe P. Hall

Franklin P. Hall

Paula L Peaden

Alexandra "Sandra" D. Bowen

Sarah Jane Burkhart Conner

Gina Osama Mohamed Sultan

TIPS

LEGAL TERMS

SUCCESSOR TRUSTEE

GROSS ESTATE

FAILURE OF ISSUE

TRUST DEED

PER STIRPES

STATUTORY SHARE

SURROGATE COURT

TESTAMENTARY TRUST

WILL

SAMPLE LEGAL CASES

Matthews v. Matthews

Schilling v. Schilling

Keener v. Keener

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