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Scott Rahn
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RMO LLP
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Estate Law
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1. Scott Rahn Los Angeles, CA
  Attorney at Law- CA, 2002
  University of San Diego School of Law, J.D.
2. AboutRMO LLP
  Where Your How and Why Matter
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  Estate Law
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Bruce Edward Peotter

Election & Political, Trusts, Employee Rights, Corporate

Status: In Good Standing Licensed: 34 Years

CONTACT

1432 Edinger Ave, Tustin, CA 92780

Kenneth R Hodges

Commercial Real Estate, Real Estate, Trusts, Business

Status: In Good Standing

CONTACT

4100 Newport Place Dr, Newport Coast, CA 92660

Noelle Renee Minto

Commercial Real Estate, International, Trusts, Corporate, Business

Status: In Good Standing

CONTACT

15147 Woodlawn Ave, Tustin, CA 92780

Stephen Rodney Bemis

Federal Trial Practice, Trusts, Estate

Status: In Good Standing

CONTACT

4100 Newport Place Dr, Newport Coast, CA 92660

Thomas Berkeley Garrett

Wills, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 46 Years

CONTACT

1101 Dove St, Newport Coast, CA 92660

Oksana Anatolyevna Vanrooy

Trusts, Family Law, Corporate, Credit & Debt

Status: In Good Standing Licensed: 19 Years

CONTACT

1101 Dove St, Newport Coast, CA 92660

Jeff George Carchidi

Wills, Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 25 Years

CONTACT

1101 Dove St, Newport Coast, CA 92660

Romelia Verdene Soto

Trusts, Estate Planning, Wills & Probate

Status: In Good Standing Licensed: 25 Years

CONTACT

1101 Dove St, Newport Beach, CA 92660

Larry Rodney Bemis

Trusts, Gift Taxation, Estate, Business

Status: In Good Standing

CONTACT

1301 Dove St, Newport Beach, CA 92660

Theodore Michael Hankin

Tax, Trusts, Business, Litigation

Status: In Good Standing

CONTACT

1400 Quail St, Newport Coast, CA 92660

800-923-0641

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LEGAL TERMS

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.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

TRUST CORPUS

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, t... (more...)

Latin for 'the body' of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Sometimes the trust corpus is known as the 'res,' a Latin word meaning 'thing.'

PER STIRPES

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. F... (more...)

Under a will, a method of determining who inherits property when a joint beneficiary has died before the willmaker, leaving living children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property 'per stirpes,' Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation). If, on the other hand, Fred's will states that the property is to be divided per capita, Julie and the two grandchildren will each take a third.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

FUNDING A TRUST

Transferring ownership of property to a trust.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

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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Irvine Trusts Lawyer, California, page 6

Sponsored Law Firm

RMO LLP

SPONSORED LAWYERS

Bruce Edward Peotter

Kenneth R Hodges

Noelle Renee Minto

Stephen Rodney Bemis

Thomas Berkeley Garrett

Oksana Anatolyevna Vanrooy

Jeff George Carchidi

Romelia Verdene Soto

Larry Rodney Bemis

Theodore Michael Hankin

TIPS

LEGAL TERMS

FINAL BENEFICIARY

AUGMENTED ESTATE

ACCUMULATION TRUST

TRUST CORPUS

PER STIRPES

SPRINKLING TRUST

FUNDING A TRUST

CONSERVATOR

IN TERROREM

SAMPLE LEGAL CASES

Schwartz v. Labow

In re Estate of Young

Bilafer v. Bilafer

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