North Hollywood Estate Planning Lawyer, California, page 3

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September Katje
About | Practice Areas
Pacific Wealth Legal Advisors
130 South Chaparral, Suite 140-B Anaheim Hills, CA 92808» view map
Estate Law
Small Firm. Big Difference.

Our attorneys have a unique and broad skill set enabling them to be excellent advisors.

800-878-2980
1. September Katje Anaheim, CA
  Attorney at Law- CA, 2003
  California Western School of Law, J.D. 2003
2. AboutPacific Wealth Legal Advisors
  Your Success is our Business
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

Thomas Edward Castleton

Litigation, Lawsuit & Dispute, Gift Taxation, Business

Status: Licensed: 21 Years

CONTACT

4418 Camellia Ave, North Hollywood, CA 91602

Barbara R. Roller

Other, Real Estate, Trusts, Gift Taxation

Status: Licensed: 47 Years

CONTACT

12350 Addison St, North Hollywood, CA 91607

Dennis M. Supanich

Trusts, Estate Planning

Status: Licensed: 46 Years

CONTACT

6123 Teesdale Ave, North Hollywood, CA 91606

Kim Han Ly

Tax, International, Gift Taxation

Status: Licensed: 10 Years

CONTACT

4605 Lankershim Blvd, North Hollywood, CA 91602

Jonathan Robert Klein

Wills, Trusts, Estate Planning, Civil Rights

Status: Licensed: 18 Years

CONTACT

4311 Colfax Ave, North Hollywood, CA 91604

Mengjun He

Tax, International, Gift Taxation

Status: Licensed: 18 Years

CONTACT

909 Hollywood Way, Sacramento, CA 95812

Lawrence Edward May

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

Status: Licensed: 52 Years

CONTACT

12716 Kling St, North Hollywood, CA 91604

Raymond Algernon White

Estate Planning, International Tax, Contract, Commercial Real Estate, Trusts

Status:

CONTACT

4024 Radford Ave, Studio City, CA 91604

Agnes Ordubegian Martin

Defect and Lemon Law, Trusts, Estate Planning, Bankruptcy & Debt

Status: Licensed: 23 Years

CONTACT

321 N Pass Ave, Burbank, CA 91505

Osmundo Josue Arguello

Estate Planning, Family Law, Personal Injury, Employee Rights

Status:

CONTACT

11846 Ventura Blvd, North Hollywood, CA 91604

800-923-0641

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LEGAL TERMS

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.

FAILURE OF ISSUE

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

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

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.

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.

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.'

PROPERTY CONTROL TRUST

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who ha... (more...)

Any trust that imposes limits or controls over the rights of trust beneficiaries. These trusts include (1) special needs trusts designed to assist people who have special physical, emotional or other requirements, (2) spendthrift trusts designed to prevent a beneficiary from wasting the trust principal; and (3) sprinkling trusts that allow the trustee to decide how to distribute trust income or principal among the beneficiaries.

SAMPLE LEGAL CASES

Murphy v. Murphy

... The probate court has discretion, circumscribed by the statutory scheme, to order a "substituted judgment" that authorizes a conservator on behalf of a conservatee to take necessary or desirable action to facilitate estate planning, when a reasonably prudent person in the ...

In re Estate of Young

... her lawyer at the time, Dennis Burns. Mr. Burns represented her for 15 years for estate planning purposes and a bankruptcy of one of Young's businesses, Green Thumb Nursery. In the 1991 estate plan, Charles was expressly ...

Chang v. Lederman

... 2. The Law Regarding Liability for Negligence in Estate Planning to Intended or Potential Beneficiaries. ... Nevertheless, the attorney prepared new estate planning documents that fundamentally changed the plan and made a substantial gift to Michael. ...

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North Hollywood Estate Planning Lawyer, California, page 3

Sponsored Law Firm

Pacific Wealth Legal Advisors

SPONSORED LAWYERS

Thomas Edward Castleton

Barbara R. Roller

Dennis M. Supanich

Kim Han Ly

Jonathan Robert Klein

Mengjun He

Lawrence Edward May

Raymond Algernon White

Agnes Ordubegian Martin

Osmundo Josue Arguello

TIPS

LEGAL TERMS

ABATEMENT

FAILURE OF ISSUE

INHERIT

PROBATE

GENERATION-SKIPPING TRUST

GRANT DEED

GENERATION-SKIPPING TRANSFER TAX

TRUST CORPUS

PROPERTY CONTROL TRUST

SAMPLE LEGAL CASES

Murphy v. Murphy

In re Estate of Young

Chang v. Lederman

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