Norfolk Estate Lawyer, Virginia

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Rachel S. Gunther Lawyer

Rachel S. Gunther

VERIFIED
Estate, Accident & Injury, Divorce & Family Law, Real Estate, Criminal

Rachel Gunther P.C. has locations in Virginia Beach, VA and Hertford, NC. We take pride in representing clients throughout Hampton Roads, Virginia an... (more)

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757-671-3352

Diallo Kobie Morris Lawyer

Diallo Kobie Morris

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Criminal, Divorce & Family Law, Traffic, Juvenile Law, Estate
Criminal, Traffic, Divorce, Custody, Visitation, Wills

Diallo Morris is a practicing lawyer in Chesapeake, VA. He currently is a partner at Morris, Crawford & Currin, P.C. with offices in Chesapeake and No... (more)

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800-881-5471

Vania M. O'Keefe Lawyer

Vania M. O'Keefe

VERIFIED
Divorce & Family Law, Mediation, Estate Planning, Guardianships & Conservatorships

Vania is a Chesapeake native and a graduate of Great Bridge High school. Vania went on to graduate from Francis Marion University with a BA in Politic... (more)

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757-410-8274

John S. Burton Lawyer

John S. Burton

VERIFIED
Estate Planning, Business Organization, Elder Law, Estate Administration
Focused in the areas of Estate Planning, Taxation, Asset Protection, Business & Elder Law.

Principal Attorney, John Schul Burton, J.D., C.E.P. With over a decade of experience, the firm is familiar with sophisticated aspects of estate plann... (more)

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800-973-8771

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Terrence K. Martin Lawyer

Terrence K. Martin

VERIFIED
Accident & Injury, Divorce & Family Law, Criminal, Estate, Real Estate

I am attorney Terrence K. martin of the Law Office of Terry Martin and Associates. I know that my clients come to me in times of real need, and I am c... (more)

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800-898-6491

Kirk David Berkhimer

Family Law, Banking & Finance, Wills & Probate, Government Agencies
Status:  In Good Standing           

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Dominic P. Lascara

Wills & Probate, Trusts, Business, Real Estate, Estate
Status:  In Good Standing           

Stephen J. Kecskes

Traffic, Wills, Family Law, Divorce
Status:  In Good Standing           

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Rebecca C. Pucheu

Business Organization, Banking & Finance, Corporate, Estate Planning
Status:  In Good Standing           

Rebecca Lynn Ennis

Family Law, Wills & Probate, Wills, Divorce
Status:  In Good Standing           

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LEGAL TERMS

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)
The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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.

INVESTOR

A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes invest... (more...)
A person who makes investments. An investor may act either for herself or on behalf of others. A stock broker or mutual fund manager, for instance, makes investments for others who have entrusted her with their money.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)
The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

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.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)
Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

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.

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 ...