Crystal Bay Trusts Lawyer, Nevada

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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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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

Richard Oscar Busch

General Practice

Status: Inactive Licensed: 25 Years

CONTACT

2805 Mountain St, Carson City, NV 89703

Caren Cafferata

Real Estate, Trusts, Estate, Business

Status: In Good Standing Licensed: 28 Years

CONTACT

963 Topsy Lane, Carson City, NV 89705

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

Jennifer M. Mahe

Trusts, Estate, Divorce & Family Law, Civil & Human Rights, Business

Status: In Good Standing

CONTACT

707 N Minnesota St, Carson City, NV 89703

Caren Jenkins

Real Estate, Lawsuit & Dispute, Trusts, Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

963 Topsy Ln, Carson City, NV 89705

Robert T. Morris

Wills, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

1946 Hamilton Ave, Carson City, NV 89706

Richard Edward Thornley

General Practice

Status: In Good Standing Licensed: 47 Years

CONTACT

323 N. Iris Street, Carson City, NV 89703

800-923-0641

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LEGAL TERMS

REAL ESTATE AGENT

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must hav... (more...)

A foot soldier of the real estate business who shows houses and does most of the other nitty-gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are completely dependent upon commissions from sellers for their income, so it pays to find out which side the agent represents (buyer, seller or both) before you place too much trust in the agent's opinion.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

PROVING A WILL

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily sat... (more...)

Convincing a probate court that a document is truly the deceased person's will. Usually this is a simple formality that the executor or administrator easily satisfies by showing that the will was signed and dated by the deceased person in front of two or more witnesses. When the will is holographic -- that is, completely handwritten by the deceased and not witnessed, it is still valid in many states if the executor can produce relatives and friends to testify that the handwriting is that of the deceased.

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.

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to o... (more...)

A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees' pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.

TRUST MERGER

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separati... (more...)

Under a trust, the situation that occurs when the sole trustee and the sole beneficiary are the same person or institution. Then, there's no longer the separation between the trustee's legal ownership of trust property from the beneficiary's interest. The trust 'merges' and ceases to exist.

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

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.

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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Crystal Bay Trusts Lawyer, Nevada

Sponsored Law Firm

The O'Mara Law Firm, P.C.

SPONSORED LAWYERS

Ernest E Adler

Richard S Staub

Richard Oscar Busch

Caren Cafferata

A. Christopher Zimmermann

Robert A. Grayson

Jennifer M. Mahe

Caren Jenkins

Robert T. Morris

Richard Edward Thornley

TIPS

LEGAL TERMS

REAL ESTATE AGENT

ESTATE TAXES

GRANTOR

PROVING A WILL

FINAL BENEFICIARY

EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)

TRUST MERGER

INTESTATE

RULE AGAINST PERPETUITIES

SAMPLE LEGAL CASES

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

IN MATTER OF ORPHEUS TRUST

Waldman v. Maini

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