Chula Vista Estate Planning Lawyer, California, page 5

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Includes: Gift Taxation

Martin Harold Steinley

Trusts, Estate Planning, Estate, Family Law
Status:  In Good Standing           

Ronson J Shamoun

Tax Litigation, Tax, Estate Planning, Criminal
Status:  In Good Standing           

Allison Decelles Hebl Soares

Tax, Real Estate, International Tax, Gift Taxation, Business
Status:  In Good Standing           Licensed:  16 Years

Michael A. Van Horne

Commercial Real Estate, International Tax, Trusts, Estate Planning, Administrative Law
Status:  In Good Standing           

Stephen Frederick Case

Tax, Real Estate, International, Gift Taxation
Status:  In Good Standing           Licensed:  29 Years

Rhonda Kay Crandall

Trusts, Gift Taxation, Estate, Business
Status:  In Good Standing           Licensed:  25 Years

Brian Michael Katusian

Tax, Trusts, Gift Taxation, Corporate
Status:  In Good Standing           Licensed:  17 Years

David Jeffrey Dorne

Tax, Real Estate, International Tax, Gift Taxation
Status:  In Good Standing           Licensed:  51 Years

Julia Carol Hambleton Perkins

Other, Wills & Probate, Trusts, Estate Planning, Estate
Status:  In Good Standing           Licensed:  23 Years

Glenn James Cox

International, Trusts, Gift Taxation, Business
Status:  In Good Standing           

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LEGAL TERMS

KINDRED

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

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)
To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)
A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)
A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

SURROGATE COURT

See probate court.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)
The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)
In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

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

Murphy v. Murphy

... The probate court has discretion, circumscribed by the statutory scheme, to order a "substituted judgment" that authorizes a conservator on behalf of a conservatee to take necessary or desirable action to facilitate estate planning, when a reasonably prudent person in the ...

In re Estate of Young

... her lawyer at the time, Dennis Burns. Mr. Burns represented her for 15 years for estate planning purposes and a bankruptcy of one of Young's businesses, Green Thumb Nursery. In the 1991 estate plan, Charles was expressly ...

Chang v. Lederman

... 2. The Law Regarding Liability for Negligence in Estate Planning to Intended or Potential Beneficiaries. ... Nevertheless, the attorney prepared new estate planning documents that fundamentally changed the plan and made a substantial gift to Michael. ...