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Alexander Daniel Mehdipour Lawyer

Alexander Daniel Mehdipour

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Alex Mehdipour attended the University of California San Diego where he received his degree in political science. After graduating from UCSD, Mr. Mehd... (more)

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Darrell P. White Lawyer

Darrell P. White

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Business, Commercial Real Estate, Estate, Personal Injury, Employment

Mr. White is a business trial lawyer specializing in complex business disputes. His clients include corporations generating hundreds of millions in ... (more)

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Edwin A. Barnum Lawyer

Edwin A. Barnum

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Bankruptcy & Debt, Divorce & Family Law, Estate Planning, Personal Injury, Foreclosure
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Edwin Barnum is a bankruptcy lawyer proudly serving Torrance, CA and the neighboring communities. He reassures all his clients that he passes "no jud... (more)

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Ghada Helena Philips

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Bankruptcy & Debt, Foreclosure, Reorganization, Estate, Power of Attorney

Ms. Ghada Philips is a lawyer serving Montebello, California and the surrounding locations.

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Hector C. Perez Lawyer

Hector C. Perez

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Criminal, Grand Jury Proceedings, Wills & Probate, Estate, Tax Litigation
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Mr. Perez is an experienced, reliable former federal prosecutor and former IRS attorney. He has offices in Seal Beach which borders Los Angeles and Or... (more)

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J. Jeffrey Morris Lawyer

J. Jeffrey Morris

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J. Jeffrey Morris is an experienced attorney who has been practicing law in California since 1987. Lawyer.com Member Questionnaire Please desc... (more)

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Jack Irving Esensten Lawyer

Jack Irving Esensten

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Mr. Esensten is an accomplished lawyer that has over sixty years of legal experience in family matters. He has worked as an owner and managing attor... (more)

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Jeffrey Scott Price Lawyer

Jeffrey Scott Price

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Divorce & Family Law, Trusts, Workers' Compensation, Wills & Probate, Misdemeanor

Attorney Price is a practicing lawyer in the state of California.

Jennifer Elizabeth Larossa Lawyer

Jennifer Elizabeth Larossa

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Divorce & Family Law, Estate, Divorce

Jennie LaRossa graduated from Loyola Marymount University with a B.A. in psychology and obtained her Juris Doctor from Western State University Colleg... (more)

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LEGAL TERMS

TITLE COMPANY

A company that issues title insurance.

GRANTOR

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

SELF-PROVING WILL

A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-prov... (more...)
A will that is created in a way that allows a probate court to easily accept it as the true will of the person who has died. In most states, a will is self-proving when two witnesses sign under penalty of perjury that they observed the willmaker sign it and that he told them it was his will. If no one contests the validity of the will, the probate court will accept the will without hearing the testimony of the witnesses or other evidence. To make a self-proving will in other states, the willmaker and one or more witnesses must sign an affidavit (sworn statement) before a notary public certifying that the will is genuine and that all willmaking formalities have been observed.

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.'

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

GENERATION-SKIPPING TRANSFER TAX

A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 ... (more...)
A federal tax imposed on money placed in a generation-skipping trust. Currently, there is a $1 million exemption to the GSTT; that is, each person may leave $1 million in a generation-skipping trust free of this tax. The GSST is imposed when the middle-generation beneficiaries die and the property is transferred to the third-generation beneficiaries. Every dollar over $1 million is subject to the highest existing estate tax rate--currently 55%--at the time the GSTT tax is applied.

FAILURE OF ISSUE

A situation in which a person dies without children who could have inherited her property.

OFFICER

A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operation... (more...)
A person elected by a profit or nonprofit corporation's board of directors, or by the manager of a limited liability company, to manage the day-to-day operations of the organization. Officers generally hold titles such as President or Treasurer. Many states and most corporate bylaws or LLC operating agreements require a corporation or LLC to have a president, secretary and treasurer. Election of a vice president may be required by state law.

CREDIT SHELTER TRUST

See AB trust.

SAMPLE LEGAL CASES

In re Estate of Young

Stephen Parker, as administrator of the estate of Irma E. Young, deceased (the Estate), filed this petition under Probate Code section 850, subdivision (a), [1] to request an order and judgment establishing the Estate's ownership of certain real property and personal property held by ...

Estate of Kievernagel

In this case we must decide whether a widow has the right to use her late husband's frozen sperm to attempt to conceive a child where her late husband signed an agreement with the company storing the frozen sperm providing that the frozen sperm was to be discarded upon his ...

Estate of Bennett

Claimants Smith Heavy Industrial Transit Corporation and Advanced Development Holdings, Inc. (collectively Smith), appeal from a probate court order granting the motion of petitioners Lu Ella Bennett, Jack H. Bennett, Jr., and Louise Comer to set aside and rescind a ...