Martinsville City County, VA Trusts Lawyers

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Seth Price
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Price Benowitz LLP
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Estate Law
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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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Philip G. Gardner

Accident & Injury, Slip & Fall Accident, Divorce, Personal Injury, Animal Bite

Status: In Good Standing

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231 E Church St, Martinsville, VA 24112

Benjamin Patrick Sharpe

Personal Injury

Status: In Good Standing

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231 E Church St, Martinsville, VA 24112

Hoyett Leonard Barrow

Family Law, Bankruptcy, Personal Injury

Status: In Good Standing

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231 E Church St, Martinsville, VA 24112

William L. Kirby

Estate, Civil & Human Rights, Insurance, Corporate

Status: In Good Standing

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106 East Main Street, Martinsville, VA 24114

Ward Lynn Armstrong

Family Law, White Collar Crime, Criminal, Personal Injury

Status: In Good Standing

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Martinsville, VA 24114

Alberto Zulueta Herrero

General Practice

Status: In Good Standing

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55 West Church Street, Martinsville, VA 24114

George Barrett Swayne

General Practice

Status: Retired Licensed: 57 Years

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304 Kings Manor Dr, Martinsville, VA 24112

Awbrey Jeanette Watts

General Practice

Status: In Good Standing Licensed: 17 Years

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3160 Kings Mountain Rd, Martinsville, VA 24112

Awbrey Jeanette Watts

General Practice

Status: In Good Standing

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3160 Kings Mountain Rd, Martinsville, VA 24112

Charles M. Aaron

Accident & Injury, Criminal, Car Accident, Wrongful Death, Medical Malpractice

Status: In Good Standing

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900 S Memorial Blvd, Martinsville, VA 24112

800-923-0641

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LEGAL TERMS

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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.

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.

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.

CREDIT SHELTER TRUST

See AB trust.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

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.

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. ...

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Martinsville City County, VA Trusts Lawyers

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Philip G. Gardner

Benjamin Patrick Sharpe

Hoyett Leonard Barrow

William L. Kirby

Ward Lynn Armstrong

Alberto Zulueta Herrero

George Barrett Swayne

Awbrey Jeanette Watts

Awbrey Jeanette Watts

Charles M. Aaron

TIPS

LEGAL TERMS

ABSTRACT OF TRUST

INHERITANCE TAXES

INTESTATE SUCCESSION

EXECUTOR

PETITION

ESTATE TAXES

CREDIT SHELTER TRUST

FAILURE OF ISSUE

AUGMENTED ESTATE

SAMPLE LEGAL CASES

Dodge v. Randolph-Macon Woman's College

Ladysmith Rescue Squad, Inc. v. Newlin

RUSSELL REALTY ASSOCIATES v. Russell

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