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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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Byrum Lynn Geisler

Estate, Divorce & Family Law

Status: In Good Standing

CONTACT

208 E Main St, Abingdon, VA 24212

Mark Tucker Hurt

Estate Planning, Car Accident, Traffic, Premises Liability, Social Security -- Disability

Status: In Good Standing Licensed: 34 Years

CONTACT

159 W Main St, Abingdon, VA 24210

Taylor Alexandra Hay

Trusts

Status: In Good Standing

CONTACT

Abingdon, VA 24212

Randall Arthur Eads

Trusts, Estate Planning, Criminal, Insurance

Status: In Good Standing

CONTACT

825 Colonial Road, Abingdon, VA 24210

Randall Cameron Eads

Trusts, Estate Planning, Criminal, Insurance, Malpractice

Status: In Good Standing Licensed: 51 Years

CONTACT

825 Colonial Road, Abingdon, VA 24210

Randall Arthur Eads

Trusts, Estate Planning, Criminal, Insurance

Status: In Good Standing Licensed: 51 Years

CONTACT

825 Colonial Road, Abingdon, VA 24210

Taylor A. Hay

Public Law, Trusts

Status: In Good Standing Licensed: 8 Years

CONTACT

Abingdon, VA 24212

Mark Tucker Hurt

Estate Planning, Car Accident, Traffic, Premises Liability, Social Security -- Disability

Status: In Good Standing

CONTACT

159 W Main St, Abingdon, VA 24210

Ronald Luke Widener

Estate, Criminal, Insurance, Accident & Injury

Status: In Good Standing

CONTACT

825 Colonial Rd Sw, Abingdon, VA 24210

Anne P. Hutton

Real Estate, Government, Estate

Status: In Good Standing

CONTACT

101 A East Valley Street, Abingdon, VA 24210

800-923-0641

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LEGAL TERMS

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.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

SUCCESSOR TRUSTEE

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

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.

CONTINGENT BENEFICIARY

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisf... (more...)

1) An alternate beneficiary named in a will, trust or other document. 2) Any person entitled to property under a will if one or more prior conditions are satisfied. For example, if Fred is entitled to take property under a will only if he's married at the time of the will maker's death, Fred is a contingent beneficiary. Similarly, if Ellen is named to receive a house only in the event her mother, who has been named to live in the house, moves out of it, Ellen is a contingent beneficiary.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

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.'

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.

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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Glade Spring Estate Lawyer, Virginia

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Byrum Lynn Geisler

Mark Tucker Hurt

Taylor Alexandra Hay

Randall Arthur Eads

Randall Cameron Eads

Randall Arthur Eads

Taylor A. Hay

Mark Tucker Hurt

Ronald Luke Widener

Anne P. Hutton

TIPS

LEGAL TERMS

RESIDUARY ESTATE

CONSERVATOR

TRUST CORPUS

SUCCESSOR TRUSTEE

SPENDTHRIFT TRUST

CONTINGENT BENEFICIARY

AUGMENTED ESTATE

BEQUEATH

INVESTOR

SAMPLE LEGAL CASES

Estate of James v. Peyton

Idoux v. Estate of Helou

Williams v. COM., REAL ESTATE BOARD

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