Oscars: What Will They Wear?

PEOPLE's style expert Susan Kaufman predicts which looks will inspire Reese, Terrence and other stylish nominees. By Serena Kappes

REESE WITHERSPOON

Witherspoon – whom PEOPLE style director Susan Kaufman likens to a "modern-day Grace Kelly" – has been wearing cocktail-length dresses (Chanel for the Golden Globes, left, and Dolce & Gabbana at the Critics' Choice Awards). Expect to see the Best Actress nominee for Walk the Line stroll the red carpet in a full-skirted gown.