Suffolk Estate Lawyer, Virginia, page 7

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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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M. Powell Peters

Government Agencies, Wills & Probate, Estate Planning, Elder Law

Status: In Good Standing Licensed: 38 Years

CONTACT

200 Bendix Road, Virginia Beach, VA 23452

Kristina Beavers

Divorce & Family Law, Criminal, Estate, Business

Status: In Good Standing Licensed: 17 Years

CONTACT

710 Denbigh Blvd Ste 2E, Newport News, VA 23608

Joann Blair-Davis

Elder Law, Estate Planning, Tax

Status: In Good Standing

CONTACT

222 Central Park Ave, Virginia Beach, VA 23462

Mark Vincent Pascucci

Wills & Probate, Estate Planning, Elder Law, Business Organization

Status: In Good Standing

CONTACT

200 Bendix Rd, Virginia Beach, VA 23452

Charles Arthur Robinson

Business Organization, Wills & Probate, Elder Law, Estate Planning

Status: In Good Standing

CONTACT

200 Bendix Rd, Virginia Beach, VA 23452

Julie Anne Burgess Anjo

Federal Appellate Practice, Estate Planning, Adoption, Bankruptcy & Debt

Status: In Good Standing

CONTACT

Virginia Beach, VA 23467

Brian Allen Boys

Trusts, Guardianships & Conservatorships, Elder Law, Personal Injury

Status: In Good Standing

CONTACT

5265 Providence Road, Virginia Beach, VA 23464

Rachel Zuraw

Estate Planning, Trusts, Estate, Estate Administration

Status: In Good Standing

CONTACT

249 Central Park Avenue, Virginia Beach, VA 23462

McGlemre Powell Peters

Estate

Status: In Good Standing

CONTACT

301 Bendix Road, Virginia Beach, VA 23452

Jared Anthony Mangum

Estate, Sexual Harassment, Employment, Corporate, Bankruptcy

Status: In Good Standing

CONTACT

5101 Cleveland Street, Virginia Beach, VA 23462

800-923-0641

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LEGAL TERMS

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

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).

SURVIVING SPOUSE'S TRUST

If a couple has created an AB trust, the revocable living trust (Trust B) of the surviving spouse, after the first spouse has died.

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.

TESTAMENTARY TRUST

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

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.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

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 ...

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Suffolk Estate Lawyer, Virginia, page 7

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

M. Powell Peters

Kristina Beavers

Joann Blair-Davis

Mark Vincent Pascucci

Charles Arthur Robinson

Julie Anne Burgess Anjo

Brian Allen Boys

Rachel Zuraw

McGlemre Powell Peters

Jared Anthony Mangum

TIPS

LEGAL TERMS

PROBATE COURT

LETTERS TESTAMENTARY

PER CAPITA

SURVIVING SPOUSE'S TRUST

RESIDUARY ESTATE

TESTAMENTARY TRUST

ESTATE TAXES

FINAL BENEFICIARY

FAMILY ALLOWANCE

SAMPLE LEGAL CASES

Estate of James v. Peyton

Idoux v. Estate of Helou

Williams v. COM., REAL ESTATE BOARD

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