Rockville Trusts Lawyer, Maryland

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Seth Price
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Price Benowitz LLP
409 7Th St Nw Suite 200 Washington, DC 20004Â» view map
Estate Law
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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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Michelle Hunter Green

Elder Law, Guardianships & Conservatorships, Trusts

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CONTACT

11921 Rockville Pike, Rockville, MD 20852

Dena C. Feeney

Gift Taxation, Estate Planning, Wills & Probate, Trusts

Status:

CONTACT

1010 Wayne Avenue, Silver Spring, MD 20910

Steven A Widdes

Trusts, Estate Planning, Estate, Child Custody, Business

Status:

CONTACT

25 West Middle Lane, Rockville, MD 20850

Kenneth Braunstein

Wills & Probate, Trusts, Contract, Personal Injury, Litigation

Status: Licensed: 52 Years

CONTACT

515 Rosebush Ln, Rockville, MD 20850

David Anthony Lucas

Power of Attorney, Trusts, Estate, Elder Law

Status:

CONTACT

200B Monroe St, Rockville, MD 20850

Jonathan Joshua Goldberg

Litigation, Trusts, Personal Injury, Accident & Injury

Status:

CONTACT

401 N. Washington Street, Rockville, MD 20850

Alan B. Frankle

Business Organization, Estate Planning, Trusts, Wills

Status: Licensed: 46 Years

CONTACT

751 Rockville Pike, Rockville, MD 20852

Shu-Ping Chan

Customs, Trusts, Corporate, Business

Status: Licensed: 32 Years

CONTACT

3204 Tower Oaks Blvd, Rockville, MD 20852

John Phillip Hotz

Wills, Trusts, Employee Rights, Employment

Status: Licensed: 27 Years

CONTACT

1 Research Ct, Rockville, MD 20850

John Phillip Hotz

Wills, Trusts, Employee Rights, Employment

Status: Licensed: 27 Years

CONTACT

1 Research Ct, Rockville, MD 20850

800-814-6700

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LEGAL TERMS

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

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.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

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.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

TESTAMENTARY TRUST

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

INTER VIVOS TRUST

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

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

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.

SAMPLE LEGAL CASES

Johnson v. Johnson

... George T. Bogert, The Law of Trusts and Trustees Â§ 181 at 244-46 (Rev.2d ed.1979) (internal footnotes omitted). ... Once the shares were distributed into Trusts A and B, the Trust set forth how the Trustee was to hold, manage, and distribute the Trust. ...

Elder v. Smith

... Vol.), Â§ 8-104 of the Estates and Trusts Article ("ET"). ... Again, the Estates and Trusts Article governs such claims, and there is nothing in that Article permitting a creditor with a pre-death claim to enhance the priority of its claim post-death. ...

Spry v. Gooner

... appellants lacked standing. The basis of the order was that appellants were not "interested persons" within the meaning of Maryland Code (2001 Repl.Vol., 2008 Supp.), Â§ 1-101(i) of the Estates & Trusts Article ("ET"). Ralph Gooner ...

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Rockville Trusts Lawyer, Maryland

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Michelle Hunter Green

Dena C. Feeney

Steven A Widdes

Kenneth Braunstein

David Anthony Lucas

Jonathan Joshua Goldberg

Alan B. Frankle

Shu-Ping Chan

John Phillip Hotz

John Phillip Hotz

TIPS

LEGAL TERMS

PROVING A WILL

LETTERS TESTAMENTARY

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

FINAL BENEFICIARY

ALTERNATE BENEFICIARY

TESTAMENTARY TRUST

INTER VIVOS TRUST

QDOT TRUST

SPENDTHRIFT TRUST

SAMPLE LEGAL CASES

Johnson v. Johnson

Elder v. Smith

Spry v. Gooner

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