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Los Angeles Trusts Lawyer, California


Daniel David Rodarte Lawyer

Daniel David Rodarte

VERIFIED
Estate, Trusts, Wills & Probate

Our law practice is devoted to counseling families and individuals in the management and protection of wealth during their lifetime, and in planning t... (more)

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Solis  Cooperson Lawyer

Solis Cooperson

VERIFIED
General Practice

I specialize in Tax Matters and representation before the Internal Revenue Service and Franchise Tax Board handling Appeals and Petitions before the U... (more)

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800-658-5040

Linda Moravec Varga Lawyer

Linda Moravec Varga

VERIFIED
Tax, Estate, Wills & Probate, Trusts, Estate Planning

Moravec, Varga & Mooney, provides their clients with the highest quality legal services in the areas of Estate Planning, Probate, Trust Administration... (more)

Tara Patricia McGuinness Lawyer

Tara Patricia McGuinness

VERIFIED
Family Law, Estate, Trusts, Divorce, Prenuptial Agreements
Our Firm has the Experience and Legal Advice in Family Law You Need to Know.

My practice is devoted to facilitating clients in painful life transitions. My goal is to foster honesty, integrity and expediency in the process so t... (more)

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John Joseph Stanton Lawyer

John Joseph Stanton

VERIFIED
Estate, Divorce & Family Law, Trusts, Estate Planning

Hiring a lawyer can be intimidating. Stepping into a lawyer's office can be even more stressful. At our firm, however, we strive to take the stress ou... (more)

Harry A Mirchandaney Lawyer

Harry A Mirchandaney

VERIFIED
Divorce, Family Law, Estate Planning, Trusts, Wills & Probate

Attorney Harry Mirchandaney counsels clients throughout Southern California on Estate Planning, Advanced Estate Planning, Asset Protection, Entity For... (more)

Benazeer Roshan

Guardianships & Conservatorships, Litigation, Wills & Probate, Trusts
Status:  In Good Standing           

Terrence M. Franklin

Estate Administration, Estate Planning, Litigation, Wills & Probate, Trusts
Status:  In Good Standing           

Margaret G. Lodise

Estate Planning, Guardianships & Conservatorships, Litigation, Trusts
Status:  In Good Standing           

John M. Byrne

Wills & Probate, Trusts
Status:  In Good Standing           

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LEGAL TERMS

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)
The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

ANCILLARY PROBATE

A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are... (more...)
A probate proceeding conducted in a different state from the one the deceased person resided in at the time of death. Usually, ancillary probate proceedings are necessary if the deceased person owned real estate in another state.

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.

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.

ABATEMENT

A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other exp... (more...)
A reduction. After a death, abatement occurs if the deceased person didn't leave enough property to fulfill all the bequests made in the will and meet other expenses. Gifts left in the will are cut back in order to pay taxes, satisfy debts or take care of other gifts that are given priority under law or by the will itself.

INCOMPETENCE

The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at ... (more...)
The inability, as determined by a court, to handle one's own personal or financial affairs. A court may declare that a person is incompetent after a hearing at which the person is present and/or represented by an attorney. A finding of incompetence may lead to the appointment of a conservator to manage the person's affairs. Also known as 'incompetency.'

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)
A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

CREDIT SHELTER TRUST

See AB trust.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)
The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

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. ...