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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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2. Email
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Includes: Gift Taxation

Jonathan Y. Short

Estate Planning, Criminal, Contract, Credit & Debt

Status: In Good Standing

FREE CONSULTATION

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2121 Eisenhower Avenue, Alexandria, VA 22314

Khalid A. Shekib

Immigration, Estate Planning, Family Law, DUI-DWI

Status: In Good Standing

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1700 Diagonal Rd, Alexandria, VA 22314

Jacob A. Kamerow

Contract, Estate Planning, Family Law, Medical Malpractice

Status: In Good Standing

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5001 Seminary Road, Alexandria, VA 22311

Rachelle E. Hill

Corporate, Estate Planning, Litigation, Trusts

Status: In Good Standing

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10511 Judicial Drive, Fairfax, VA 22030

Robert L Deichmeister

Bankruptcy, Condominiums, Credit & Debt, Estate Planning

Status: In Good Standing

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11320 Random Hills Rd, Fairfax, VA 22030

Mayuri R. Wynn

Administrative Law, Contract, Estate Planning, Business Organization

Status: In Good Standing

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10511 Judicial Drive, Fairfax, VA 22030

Jennifer L. Stanford

Divorce, Family Law, Estate Planning, Trusts

Status: In Good Standing

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10513 Judicial Drive, Fairfax, VA 22030

Kimbell Fox Muse Harvey

Construction, Estate Planning, Estate, Wrongful Termination

Status: In Good Standing

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Montross, VA 22520

Christopher Dwayne Robison

DUI-DWI, Family Law, Estate Planning, International

Status: In Good Standing

CONTACT

Montross, VA 22520

Matthew Christian Muggeridge

Estate Planning, Employment Discrimination, Family Law, Criminal, Credit & Debt

Status: In Good Standing Licensed: 14 Years

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614 Princess Anne St, Fredericksburg, VA 22401

800-923-0641

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LEGAL TERMS

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

SURROGATE COURT

See probate court.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

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.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.

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).

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.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

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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Ninde Estate Planning Lawyer, Virginia

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Jonathan Y. Short

Khalid A. Shekib

Jacob A. Kamerow

Rachelle E. Hill

Robert L Deichmeister

Mayuri R. Wynn

Jennifer L. Stanford

Kimbell Fox Muse Harvey

Christopher Dwayne Robison

Matthew Christian Muggeridge

TIPS

LEGAL TERMS

REMAINDERMAN

SURROGATE COURT

TRUST MERGER

AB TRUST

AUGMENTED ESTATE

RULE AGAINST PERPETUITIES

PER CAPITA

POUR-OVER WILL

TRUST CORPUS

SAMPLE LEGAL CASES

Ott v. L & J HOLDINGS, LLC

Keener v. Keener

Campbell v. Campbell

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