Malibu Trusts Lawyer, California

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Mark Gomez
About | Practice Areas
Gomez Law, APC
3250 Wilshire Blvd Suite 1901 Los Angeles, CA 90010» view map
Estate Law
Dedication. Compassion. Trust.

Whether you are looking to purchase a house or commercial property or in the process of probate, we are here to provide the legal support you need to help you move forward.

800-901-4291
1. Mark Gomez Los Angeles, CA
  Attorney at Law - CA, 2013
  Rutgers University J.D. 2012
2. AboutGomez Law, APC
  A Modern Approach To Your Home & Your Future
3. Practice AreasExpertise
  Estate Law
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Edward M. Burgh

Wills & Probate, Wills, Trusts, Estate Planning

Status: In Good Standing

CONTACT

21550 Oxnard Street, Woodland Hills, CA 91367

Yacoba Ann Feldman

Wills, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing

CONTACT

5850 Canoga Avenue, Woodland Hills, CA 91367

Samuel H. Anker

Estate Planning, Real Estate, Trusts

Status: In Good Standing

CONTACT

21333 Oxnard Street, Woodland Hills, CA 91367

Kristine Samp Knaplund

Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 47 Years

CONTACT

24255 Pacific Coast Hwy, Malibu, CA 90263

Kristine Samp Knaplund

Trusts, Estate

Status: In Good Standing Licensed: 47 Years

CONTACT

24255 Pacific Coast Hwy, Malibu, CA 90263

Carmen Ruda Shain

Trusts

Status: In Good Standing Licensed: 14 Years

CONTACT

23823 Malibu Rd, Malibu, CA 90265

Manya Deva Natan

Wills, Estate Administration, Trusts, Estate

Status: In Good Standing Licensed: 13 Years

CONTACT

26500 Agoura Rd, Calabasas, CA 91302

James Daniel Stephens

Wills, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 26 Years

CONTACT

30200 Agoura Rd, Agoura Hills, CA 91301

Louis Pacella

Wills, Trusts, Elder Law, Business

Status: In Good Standing Licensed: 21 Years

CONTACT

5000 Parkway Calabasas, Calabasas, CA 91302

David Lawrence Ingram

Trusts, Family Law, Divorce, Divorce & Family Law, Business Organization

Status: In Good Standing Licensed: 34 Years

CONTACT

23901 Calabasas Rd, Calabasas, CA 91302

800-923-0641

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LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for ... (more...)

Irrevocable trusts designed to save on estate tax. There are several kinds; with all of them, you keep income from trust property, or use of that property, for a period of years. When the trust ends, the property goes to the final beneficiaries you've named. These trusts are for people who have enough wealth to feel comfortable giving away a substantial hunk of property. They come in three flavors: Grantor-Retained Annuity Trusts (GRATs), Grantor-Retained Unitrusts (GRUTs) and Grantor-Retained Income Trusts (GRITs).

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

KINDRED

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

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

INHERITANCE TAXES

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited prop... (more...)

Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.

TRUSTEE

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income ... (more...)

The person who manages assets owned by a trust under the terms of the trust document. A trustee's purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document. With a simple probate-avoidance living trust, the person who creates the trust is also the trustee.

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.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

SAMPLE LEGAL CASES

Schwartz v. Labow

... The probate court's general jurisdiction encompasses "the internal affairs of trusts" and "[o]ther actions and proceedings involving trustees...." 17000, subds. ... 427 (2) The probate court has general power and duty to supervise the administration of trusts. ...

In re Estate of Young

... (a)(2)(D).) The trial court ruled that the Estate was the prevailing party, because it had showed sufficient evidence of undue influence and fraud in the establishment of the trusts. ... A. Creation of Land Trusts and Operational Trusts; Background. ...

Bilafer v. Bilafer

... SIMONS, Acting PJ. On December 30, 1999, Mitchell J. Bilafer (Mitchell) [1] executed two irrevocable trusts (collectively, the 1999 Trusts). In 2006, Mitchell filed petitions to reform the 1999 Trusts to conform them to his intent. ...

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Malibu Trusts Lawyer, California

Sponsored Law Firm

Gomez Law, APC

SPONSORED LAWYERS

Edward M. Burgh

Yacoba Ann Feldman

Samuel H. Anker

Kristine Samp Knaplund

Kristine Samp Knaplund

Carmen Ruda Shain

Manya Deva Natan

James Daniel Stephens

Louis Pacella

David Lawrence Ingram

TIPS

LEGAL TERMS

GRANTOR RETAINED INCOME TRUST

INTER VIVOS TRUST

KINDRED

ADEMPTION

ENDOWMENT INSURANCE

INHERITANCE TAXES

TRUSTEE

EXEMPTION TRUST

BENEFICIARY

SAMPLE LEGAL CASES

Schwartz v. Labow

In re Estate of Young

Bilafer v. Bilafer

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