Bakersfield Estate Planning Lawyer, California, page 2

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Ashton Dunn
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Law Offices of Ashton Dunn
139 N Balsam Ste 1300 Ridgecrest, CA 93556» view map
Bankruptcy
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800-615-0850
1. Ashton Dunn Ridgecrest, CA
  Attorney at Law - CA, 1999
  Peoples COL, J.D., 1999
2. AboutLaw Offices of Ashton Dunn
  Over 20 years of experience.
3. Practice AreasExpertise
  Bankruptcy Law
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Includes: Gift Taxation

Christina Jonae Oleson

Estate Planning, International Tax, Trusts, Estate, Wills

Status: In Good Standing

CONTACT

1115 Truxtun Avenue, Bakersfield, CA 93301

Diane Sue Messer Dodds

Wills, Trusts, Gift Taxation, Estate Planning

Status: In Good Standing Licensed: 49 Years

CONTACT

1930 18Th St, Bakersfield, CA 93303

Duane Henry Henning

Other, Tax, International, Gift Taxation

Status: In Good Standing Licensed: 24 Years

CONTACT

4550 California Ave, Bakersfield, CA 93309

Frank Joseph Cicone

International, Trusts, Gift Taxation, Estate

Status: In Good Standing Licensed: 54 Years

CONTACT

5601 Truxtun Ave, Bakersfield, CA 93309

Gail Stimmell Braze

Litigation, Estate Planning, Estate, Family Law

Status: In Good Standing

CONTACT

6404 Houghton Rd, Bakersfield, CA 93313

George Douglas Manolakas

Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

5100 California Ave, Bakersfield, CA 93309

John Michael Boylston

Lawsuit & Dispute, Estate Planning, Estate, Business

Status: In Good Standing Licensed: 18 Years

CONTACT

4200 Truxtun Ave, Bakersfield, CA 93309

John J. Burke

Power of Attorney, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing Licensed: 48 Years

CONTACT

5500 Ming Ave, Bakersfield, CA 93309

John Vance Magee

International, Gift Taxation, Tax

Status: In Good Standing

CONTACT

10515 Finchley Dr, Bakersfield, CA 93311

John Douglas Gibson

Estate Planning, International Tax, Commercial Real Estate, Trusts, Wills

Status: In Good Standing Licensed: 41 Years

CONTACT

5001 California Ave, Bakersfield, CA 93309

800-923-0641

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LEGAL TERMS

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

DEED OF TRUST

See trust deed.

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

KINDRED

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

RULE AGAINST PERPETUITIES

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For examp... (more...)

An exceedingly complex legal doctrine that limits the amount of time that property can be controlled after death by a person's instructions in a will. For example, a person would not be allowed to leave property to her husband for his life, then to her children for their lives, then to her grandchildren. The gift would potentially go to the grandchildren at a point too remote in time.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

BANKRUPTCY ESTATE

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankrup... (more...)

All of the property you own when you file for bankruptcy, except for most pensions and educational trusts. The trustee technically takes control of your bankruptcy estate for the duration of your case.

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. ...

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Bakersfield Estate Planning Lawyer, California, page 2

Sponsored Law Firm

Law Offices of Ashton Dunn

SPONSORED LAWYERS

Christina Jonae Oleson

Diane Sue Messer Dodds

Duane Henry Henning

Frank Joseph Cicone

Gail Stimmell Braze

George Douglas Manolakas

John Michael Boylston

John J. Burke

John Vance Magee

John Douglas Gibson

TIPS

LEGAL TERMS

REMAINDERMAN

DEED OF TRUST

LIVING TRUST

KINDRED

RULE AGAINST PERPETUITIES

ABSTRACT OF TRUST

GROSS ESTATE

AB TRUST

BANKRUPTCY ESTATE

SAMPLE LEGAL CASES

Murphy v. Murphy

In re Estate of Young

Chang v. Lederman

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