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

Meredith L. Yoder

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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

Stephen E. Scarce

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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

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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

Alexandra "Sandra" D. Bowen

Family Law, Construction, Corporate, Wills

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FREE CONSULTATION

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5206 Markel Road, Richmond, VA 23230

Franklin P. Hall

Wills, Wills & Probate, Family Law, Divorce

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CONTACT

1401 Huguenot Road, Midlothian, VA 23113

Paula L Peaden

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

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CONTACT

6802 Paragon Place, Richmond, VA 23230

Phoebe P. Hall

Wills, Wills & Probate, Family Law, Divorce

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CONTACT

1401 Huguenot Road, Midlothian, VA 23113

Vanessa L. Jones

Family Law, Wills & Probate, Farms, Child Support

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CONTACT

9401 Courthouse Road, Centre Court, Chesterfield, VA 23832

Allison Bridges

Divorce & Family Law, Accident & Injury, Criminal, Wills & Probate, Juvenile Law

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FREE CONSULTATION

CONTACT

6802 Paragon Place, Richmond, VA 23230

Ann Brakke Campfield

Wills & Probate, Family Law, Divorce, Divorce & Family Law

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CONTACT

7401 Beaufont Springs Dr, Richmond, VA 23225

800-814-6700

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LEGAL TERMS

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

TESTAMENTARY TRUST

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

CREDIT SHELTER TRUST

See AB trust.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

CURATOR

See conservator.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

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.

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

Meredith L. Yoder

Stephen E. Scarce

Trevor B. Reid

Alexandra "Sandra" D. Bowen

Franklin P. Hall

Paula L Peaden

Phoebe P. Hall

Vanessa L. Jones

Allison Bridges

Ann Brakke Campfield

TIPS

LEGAL TERMS

EXECUTOR

QTIP TRUST

TESTAMENTARY TRUST

CREDIT SHELTER TRUST

ANCILLARY PROBATE

CURATOR

ESTATE TAXES

INTER VIVOS TRUST

RULE AGAINST PERPETUITIES

SAMPLE LEGAL CASES

Matthews v. Matthews

Schilling v. Schilling

Keener v. Keener

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