Tappahannock Trusts Lawyer, Virginia

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Stephen E. Scarce Lawyer

Stephen E. Scarce

VERIFIED
Real Estate, Wills & Probate, Trusts, Corporate

Practice focuses on business and real estate matters, including purchases and sales, lender representation, business and loan workouts, commercial rea... (more)

Meredith L. Yoder Lawyer

Meredith L. Yoder

VERIFIED
Real Estate, Wills & Probate, Trusts, Corporate

Practice focuses on business and commercial law matters, including: civil litigation, mergers and acquisitions, general corporate matters; commercial ... (more)

Trevor B. Reid Lawyer

Trevor B. Reid

VERIFIED
Real Estate, Wills & Probate, Trusts, Corporate

Mr. Reid joined Parker, Pollard & Brown as an associate after receiving his law degree from the University of Richmond in 2008. His practice is co... (more)

Stephen  Scarce Lawyer

Stephen Scarce

VERIFIED
Real Estate, Wills & Probate, Trusts, Corporate

Steve Bryant is a member of the firm’s litigation section. Steve defends clients charged with serious traffic offenses including DUIs; he was recen... (more)

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Trevor  Reid Lawyer

Trevor Reid

VERIFIED
Real Estate, Wills & Probate, Trusts, Corporate

Mr. Reid joined Parker, Pollard & Brown as an associate after receiving his law degree from the University of Richmond in 2008. His practice is concen... (more)

Meredith  Yoder Lawyer

Meredith Yoder

VERIFIED
Real Estate, Wills & Probate, Trusts, Corporate

Practice focuses on business and commercial law matters, including: civil litigation, mergers and acquisitions, general corporate matters; commercial ... (more)

Edward D. Barnes

Estate Planning, Family Law, Trusts, Wills
Status:  In Good Standing           

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Carol Lee Fallon

Trusts, Estate, Tax
Status:  In Good Standing           Licensed:  11 Years

Donald W. Piacentini

Litigation, Wills & Probate, Trusts, Estate Planning
Status:  In Good Standing           

Dexter C. Rumsey

Trusts, Estate Planning
Status:  In Good Standing           

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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.

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)
A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)
A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

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.

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.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

PREDECEASED SPOUSE

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

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.

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)
The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

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. ...