Studley 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

Malcolm M. Christian

Lawsuit & Dispute, Health Care, Wills & Probate, Business Organization

Status: In Good Standing

CONTACT

411 East Franklin Street, Richmond, VA 23219

Oscar R. Brinson

Traffic, Social Security -- Disability, Wills, Wills & Probate

Status: In Good Standing

CONTACT

530 East Main Street, Ste 910, Richmond, VA 23219

Rebecca Doggett Bray

Power of Attorney, Estate Planning, Wills

Status: In Good Standing

CONTACT

8552 Woodsage Ct, Mechanicsville, VA 23116

Nina R. Rowland

Elder Law, Wills

Status: In Good Standing

CONTACT

9156 Tazewell Green Dr, Mechanicsville, VA 23116

Theresa Cruse

Wills, Trusts

Status: Inactive Licensed: 14 Years

CONTACT

811 W Lancaster Rd, Richmond, VA 23222

Shela Cook Camenisch

General Practice

Status: Inactive Licensed: 46 Years

CONTACT

306 N 26Th St, Richmond, VA 23223

James Robert Cooke

Criminal, Traffic, DUI-DWI, Wills, Living Wills

Status: In Good Standing

CONTACT

313 East Broad st, Richmond, VA 23219

Angela Nicole Watson

Divorce & Family Law, Litigation, Child Custody, Divorce, Wills

Status: In Good Standing Licensed: 24 Years

CONTACT

1710 E. Franklin St., Richmond, VA 23223

Stephen G. Reardon

Real Estate, Wills & Probate, Estate Planning, Corporate

Status: In Good Standing

CONTACT

411 E Fanklin St, Richmond, VA 23219

Henry N. Ware

Construction, Wills & Probate, Business Organization, Products Liability

Status: In Good Standing

CONTACT

411 E Franklin St, Richmond, VA 23219

800-923-0641

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LEGAL TERMS

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

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.

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.

TITLE COMPANY

A company that issues title insurance.

SUCCESSOR TRUSTEE

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

INTER VIVOS TRUST

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

CERTIFICATION OF TRUST

See abstract of trust.

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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Studley Wills & Probate Lawyer, Virginia

Sponsored Law Firm

Bounds & Bounds, PLLC

SPONSORED LAWYERS

Malcolm M. Christian

Oscar R. Brinson

Rebecca Doggett Bray

Nina R. Rowland

Theresa Cruse

Shela Cook Camenisch

James Robert Cooke

Angela Nicole Watson

Stephen G. Reardon

Henry N. Ware

TIPS

LEGAL TERMS

BENEFICIARY

PREDECEASED SPOUSE

SPENDTHRIFT TRUST

GENERATION-SKIPPING TRANSFER TAX

TRUST DEED

TITLE COMPANY

SUCCESSOR TRUSTEE

INTER VIVOS TRUST

CERTIFICATION OF TRUST

SAMPLE LEGAL CASES

Matthews v. Matthews

Schilling v. Schilling

Keener v. Keener

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