Smyth County, VA Wills & Probate Lawyers, page 2

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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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Includes: Estate Administration, Living Wills, Wills

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Herbert Coleman Clay

Divorce & Family Law, Criminal, Civil & Human Rights

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430 S Church St, Marion, VA 24354

William Lee Cregger

General Practice

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1843 Ashton Lane, Marion, VA 24354

Travis Brandon Lee

General Practice

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P.O. Box 986, Marion, VA 24354

Brendan Erich Roche

General Practice

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109 W Main St, Marion, VA 24354

Daronda Kay Combs

General Practice

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227 West Cherry Street, Marion, VA 24354

Jill Kinser Lawson

General Practice

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109 West Main Street, Marion, VA 24354

Richard Allen Frye

General Practice

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180 Upper Poore Valley Road, Saltville, VA 24370

Franklin Randolph Stewart

General Practice

Status: Licensed: 78 Years

CONTACT

Marion, VA 24354

Christopher Daniel Stokes

General Practice

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125 Lynn St, Marion, VA 24354

Richard Allan Money

General Practice

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Chilhowie, VA 24319

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LEGAL TERMS

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

ENTITY

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from i... (more...)

An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

ADMINISTRATION (OF AN ESTATE)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. I... (more...)

The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the 'personal representative' in either instance.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

More Legal Terms...

SAMPLE LEGAL CASES

Matthews v. Matthews

... Present: All the Justices. OPINION BY Justice S. BERNARD GOODWYN. In this case, we consider whether the circuit court erred in failing to dismiss a probate appeal when the party appealing the probate order of the clerk had also submitted a different will for probate. ...

Schilling v. Schilling

... In this appeal, we consider whether Code Â§ 64.1-49.1, effective on July 1, 2007, applies to a writing made in 2005 but not offered for probate as a holographic will until after the maker's death in September 2008. I. BACKGROUND AND MATERIAL PROCEEDINGS BELOW. ...

Keener v. Keener

... The purpose of this Trust is to reduce or eliminate probate costs to the extent possible while maintaining complete control of my assets. ... Debra went to the clerk's office of the Circuit Court of Prince William County to ascertain whether her father's will had been offered for probate. ...

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Smyth County, VA Wills & Probate Lawyers, page 2

Sponsored Law Firm

Price Benowitz LLP

SPONSORED LAWYERS

Herbert Coleman Clay

William Lee Cregger

Travis Brandon Lee

Brendan Erich Roche

Daronda Kay Combs

Jill Kinser Lawson

Richard Allen Frye

Franklin Randolph Stewart

Christopher Daniel Stokes

Richard Allan Money

TIPS

LEGAL TERMS

TRUSTEE

GROSS ESTATE

LIFE BENEFICIARY

TRUSTEE POWERS

SPECIAL ADMINISTRATOR

ENTITY

GENERATION-SKIPPING TRUST

ADMINISTRATION (OF AN ESTATE)

KINDRED

SAMPLE LEGAL CASES

Matthews v. Matthews

Schilling v. Schilling

Keener v. Keener

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PRACTICE AREAS 70