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Daniel J. Bounds
About | Practice Areas
Bounds & Bounds, PLLC
1724 Cloister Dr Richmond, VA 23238» view map
Divorce & Family Law
40+ Years Combined Experience

All of our attorneys are Marines. We think outside the box to get the job done–stress be damned. We believe success is built upon a range of experiences.

800-799-5380
1. Daniel J. Bounds Richmond, VA
  Attorney at Law - VA, 2019
  Louisiana State University J.D.
2. AboutBounds & Bounds, PLLC
  Our firm is always ready to go the distance and represent your interests at trial.
3. Practice AreasExpertise
  Divorce & Family Law
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R. Lee Stephens Jr.

Business Organization, Corporate, Estate Planning, Employment

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4507 Irvington Road, Irvington, VA 22480

J. Richmond Low

Criminal, DUI-DWI, Wills & Probate, Traffic

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13297 Kings Highway, King George, VA 22485

Hugh Sheppard Campbell

Family Law, Medical Malpractice, Wills & Probate, Transportation & Shipping

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113 Hanover Avenue, Ashland, VA 23005

Malcolm M. Christian

Lawsuit & Dispute, Health Care, Wills & Probate, Business Organization

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411 East Franklin Street, Richmond, VA 23219

Alexandra "Sandra" D. Bowen

Family Law, Construction, Corporate, Wills

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5206 Markel Road, Richmond, VA 23230

Irwin A. Heller

Estate Planning, Family Law, Business Organization, Bankruptcy

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2201 Libbie Avenue, Richmond, VA 23230

Tommy P. Baer

Immigration, Estate Planning, Family Law, Business Organization

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2201 Libbie Avenue, Richmond, VA 23230

James Alfred Butts

Real Estate, Wills & Probate, Trusts, Estate Planning, Estate

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4421 Irvington Road, Irvington, VA 22480

Heather W. Lewis

Child Custody, Estate Planning, Divorce, Family Law

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Saluda, VA 23149

Dexter C. Rumsey

Trusts, Estate Planning

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Irvington, VA 22480

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LEGAL TERMS

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

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.'

TRUSTEE POWERS

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

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.

KINDRED

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

WILL

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for you... (more...)

A document in which you specify what is to be done with your property when you die and name your executor. You can also use your will to name a guardian for your young children.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

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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Warsaw Estate Lawyer, Virginia

Sponsored Law Firm

Bounds & Bounds, PLLC

SPONSORED LAWYERS

R. Lee Stephens Jr.

J. Richmond Low

Hugh Sheppard Campbell

Malcolm M. Christian

Alexandra "Sandra" D. Bowen

Irwin A. Heller

Tommy P. Baer

James Alfred Butts

Heather W. Lewis

Dexter C. Rumsey

TIPS

LEGAL TERMS

BYPASS TRUST

ABATEMENT

BEQUEATH

TRUSTEE POWERS

ESTATE TAXES

KINDRED

WILL

POWER OF APPOINTMENT

DISINHERIT

SAMPLE LEGAL CASES

Estate of James v. Peyton

Idoux v. Estate of Helou

Williams v. COM., REAL ESTATE BOARD

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