Carson City County, NV Trusts Lawyers

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David O'Mara
About | Practice Areas
The O'Mara Law Firm, P.C.
311 E. Liberty Street Reno, NV 89501» view map
Estate Law
Experience, Knowledge & Integrity

For over a decade, David C. O’Mara has built and maintained an outstanding reputation by providing superior legal services to his many clients.

800-971-0140
1. David O'Mara Reno, NV
  Attorney at Law - NV, 2003
  McGeorge School of Law J.D. 2003
2. AboutThe O'Mara Law Firm, P.C.
  Experience, Knowledge & Integrity
3. Practice AreasExpertise
  Estate Law
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Sandra G. Lawrence

Trusts, Estate Planning, Employee Rights, Business

Status: In Good Standing

CONTACT

2805 Mountain Street, Carson City, NV 89703

Ernest E Adler

Real Estate, Traffic, Trusts, Bankruptcy

Status: In Good Standing Licensed: 48 Years

CONTACT

412 N Division St, Carson City, NV 89703

Richard S Staub

Real Estate, Trusts, Workers' Compensation, Family Law, Employment

Status: In Good Standing Licensed: 45 Years

CONTACT

1049 S Carson St, Carson City, NV 89701

A. Christopher Zimmermann

Trusts

Status: In Good Standing Licensed: 58 Years

CONTACT

2408 Blue Haven Ln, Carson City, NV 89701

Robert A. Grayson

Real Estate, Criminal, Family Law, Trusts

Status: Inactive Licensed: 58 Years

CONTACT

412 East Musser Street, Carson City, NV 89701

800-923-0641

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LEGAL TERMS

SURROGATE COURT

See probate court.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

TAKING AGAINST THE WILL

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property.... (more...)

A procedure under state law that gives a surviving spouse the right to demand a certain share (usually one-third to one-half) of the deceased spouse's property. The surviving spouse can take that share instead of accepting whatever he or she inherited through the deceased spouse's will. If the surviving spouse decides to take the statutory share, it's called 'taking against the will.' Dower and curtesy is another name for the same legal process.

INTESTATE SUCCESSION

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest s... (more...)

The method by which property is distributed when a person dies without a valid will. Each state's law provides that the property be distributed to the closest surviving relatives. In most states, the surviving spouse, children, parents, siblings, nieces and nephews, and next of kin inherit, in that order.

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.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

CREDIT SHELTER TRUST

See AB trust.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

SAMPLE LEGAL CASES

Hartford Fire Ins. Co. v. TRUSTEES OF CONST. INDUS.

... employees' union. After the subcontractor failed to pay employee-benefit contributions owed to the trusts, the trusts' trustees sued, in federal court, the general contractor and its surety to recover the unpaid contributions. The ...

IN MATTER OF ORPHEUS TRUST

... It is one of several successor trusts to the historic John Paul Getty Family Trust created in California in 1934. ... DISCUSSION. In 2003, the Nevada Legislature enacted certain provisions of the Uniform Principal and Income Act, which govern the administration of trusts. ...

Waldman v. Maini

... While in some instances a corporation may acquire equitable ownership of a life insurance policy through such remedies as constructive and resulting trusts, the facts of this case do not support the imposition of those equitable remedies. ...

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Carson City County, NV Trusts Lawyers

Sponsored Law Firm

The O'Mara Law Firm, P.C.

SPONSORED LAWYERS

Sandra G. Lawrence

Ernest E Adler

Richard S Staub

A. Christopher Zimmermann

Robert A. Grayson

TIPS

LEGAL TERMS

SURROGATE COURT

EXEMPTION TRUST

INVENTORY

TAKING AGAINST THE WILL

INTESTATE SUCCESSION

DISINHERIT

RESIDUARY BENEFICIARY

CREDIT SHELTER TRUST

SPECIFIC BEQUEST

SAMPLE LEGAL CASES

Hartford Fire Ins. Co. v. TRUSTEES OF CONST. INDUS.

IN MATTER OF ORPHEUS TRUST

Waldman v. Maini

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