Retrieving the most recent records within a query

I have the following tables:

tblPerson:

PersonID | Name
---------------------
   1     | John Smith
   2     | Jane Doe
   3     | David Hoshi

tblLocation:

LocationID | Timestamp | PersonID | X | Y | Z | More Columns...
---------------------------------------------------------------
    40     | Jan. 1st  |     3    | 0 | 0 | 0 | More Info...
    41     | Jan. 2nd  |     1    | 1 | 1 | 0 | More Info...
    42     | Jan. 2nd  |     3    | 2 | 2 | 2 | More Info...
    43     | Jan. 3rd  |     3    | 4 | 4 | 4 | More Info...
    44     | Jan. 5th  |     2    | 0 | 0 | 0 | More Info...

I can produce an SQL query that gets the Location records for each Person like so:

SELECT LocationID, Timestamp, Name, X, Y, Z 
FROM tblLocation 
JOIN tblPerson 
ON tblLocation.PersonID = tblPerson.PersonID;

to produce the following:

LocationID | Timestamp |    Name     | X | Y | Z |
--------------------------------------------------
    40     | Jan. 1st  | David Hoshi | 0 | 0 | 0 |
    41     | Jan. 2nd  | John Smith  | 1 | 1 | 0 |
    42     | Jan. 2nd  | David Hoshi | 2 | 2 | 2 |
    43     | Jan. 3rd  | David Hoshi | 4 | 4 | 4 |
    44     | Jan. 5th  | Jane Doe    | 0 | 0 | 0 |

My issue is that we're only concerned with the most recent Location record. As such, we're only really interested in the following Rows: LocationID 41, 43, and 44.

The question is: How can we query these tables to give us the most recent data on a per-person basis? What special grouping needs to happen to produce the desired result?