Beverly Hills Trusts Lawyer, California, page 8

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Navid Kanani
About | Practice Areas
JS Abrams Law
20501 Ventura Blvd, Woodland Hills, CA 91364Â» view map
Estate
Exceptional Legal Services

We deliver exceptional legal services to property, private, institutional, and individual sectors.

800-970-4621
1. Navid Kanani Woodland Hills, CA
  Attorney at Law - CA, 2010
  Southwestern University J.D. 2009
2. AboutJS Abrams Law
  JS Abrams Law provides customized legal services
3. Practice AreasSpecializations
  Estate
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Andrew Jeff Sobel

General Practice

Status: Inactive Licensed: 39 Years

CONTACT

525 Colorado Ave, Santa Monica, CA 90401

Andrew Lee Gradman

Tax, Trusts, Gift Taxation

Status: In Good Standing Licensed: 13 Years

CONTACT

235 S Mccarty Dr, Beverly Hills, CA 90212

Andrew Edward Smyth

Real Estate, Trusts, Bankruptcy

Status: In Good Standing Licensed: 51 Years

CONTACT

5042 Wilshire Blvd, Los Angeles, CA 90036

Andrew Timothy Smith

Estate Planning, Commercial Real Estate, Trusts, Estate, Wills

Status: In Good Standing

CONTACT

10250 Constellation Blvd, Los Angeles, CA 90067

Angela Faith Proffitt Rediger

Wills, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 24 Years

CONTACT

11755 Wilshire Blvd, Los Angeles, CA 90025

Angela Rose White

International, Intellectual Property, Trusts

Status: In Good Standing Licensed: 46 Years

CONTACT

12711 Ventura Blvd, North Hollywood, CA 91604

Anisa Shahin

Tax, International, Trusts, Business

Status: In Good Standing Licensed: 20 Years

CONTACT

428 Hilgard Ave, Los Angeles, CA 90024

Anita Pei-Da Wu

Litigation, Lawsuit & Dispute, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 18 Years

CONTACT

11601 Wilshire Blvd, Los Angeles, CA 90025

Anthony King Brown

Real Estate, Trusts, Business

Status: In Good Standing Licensed: 23 Years

CONTACT

2601 Ocean Park Blvd, Santa Monica, CA 90405

Anthony Brown

Trusts, Business

Status: In Good Standing

CONTACT

2601 Ocean Park Blvd, Santa Monica, CA 90405

800-923-0641

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LEGAL TERMS

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

CERTIFIED COPY

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certi... (more...)

A copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before permitting certain transactions. For example, a certified copy of a death certificate is required before a bank will release the funds in a deceased person's payable-on-death account to the person who has inherited them.

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.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

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.'

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

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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Beverly Hills Trusts Lawyer, California, page 8

Sponsored Law Firm

JS Abrams Law

SPONSORED LAWYERS

Andrew Jeff Sobel

Andrew Lee Gradman

Andrew Edward Smyth

Andrew Timothy Smith

Angela Faith Proffitt Rediger

Angela Rose White

Anisa Shahin

Anita Pei-Da Wu

Anthony King Brown

Anthony Brown

TIPS

LEGAL TERMS

QTIP TRUST

CERTIFIED COPY

EXEMPTION TRUST

INVENTORY

FINAL BENEFICIARY

QDOT TRUST

LIVING TRUST

BYPASS TRUST

RESIDUARY ESTATE

SAMPLE LEGAL CASES

Schwartz v. Labow

In re Estate of Young

Bilafer v. Bilafer

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