Palmyra Trusts Lawyer, Virginia

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Marta Engdahl

Wills, Wills & Probate, Trusts
Status:  In Good Standing           

Julie A King

Commercial Real Estate, Litigation, Trusts, Estate Planning
Status:  In Good Standing           

Stephen Wills Murphy

Prosecution, Trusts, Estate Planning, Business
Status:  In Good Standing           

Thomas Gerard Nolan

Wills, Trusts
Status:  In Good Standing           

Wendall L. Winn

Trusts
Status:  In Good Standing           

Thomas G. Nolan

Trusts
Status:  In Good Standing           Licensed:  41 Years

Thomas G Nolan

Wills, Trusts
Status:  In Good Standing           Licensed:  40 Years

Abdulbari M. Ansari

Trusts, Family Law, Civil Rights, Contract
Status:  In Good Standing           Licensed:  32 Years

Richard Hugh Howard-Smith

Trusts, Estate Planning, Estate, Business
Status:  In Good Standing           

Douglas Edward Little

Wills & Probate, Trusts, Business & Trade, Bankruptcy
Status:  In Good Standing           

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)
The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

TESTAMENTARY TRUST

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

TRUSTEE POWERS

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

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)
A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

CREDIT SHELTER TRUST

See AB trust.

BEQUEATH

A legal term sometimes used in wills that means 'leave' -- for example, 'I bequeath my garden tools to my brother-in-law, Buster Jenkins.'

GRANTOR

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

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)
A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)
An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

SAMPLE LEGAL CASES

Dodge v. Randolph-Macon Woman's College

... The Attorney General shall have the same authority to act on behalf of the public with respect to such assets as he has with respect 808 to assets held by unincorporated charitable trusts and other charitable entities, including the authority to seek such judicial relief as may be ...

Ladysmith Rescue Squad, Inc. v. Newlin

... At that point, the trustees, the two surviving income beneficiaries and Upper Caroline (the moving parties) moved the court to authorize the trustees to divide the trust into two equal trusts, to be called the "Upper Caroline Trust" and the "Ladysmith Trust." Ladysmith objected to the ...

RUSSELL REALTY ASSOCIATES v. Russell

... The partnership interests were held by Charles Russell, Eddie, individually, and Eddie and Nina as co-trustees of the trusts created for the benefit of Nina and her two sons. Between 1978 and 1985, Charles Russell decreased his partnership interest. ...