Obrien Trusts Lawyer, California

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William Alan Somppi

Personal Injury, Bankruptcy, Family Law, Trusts
Status:  Inactive           Licensed:  35 Years

Charles Todd Endres

Commercial Real Estate, Trusts, Corporate, Contract
Status:  In Good Standing           Licensed:  34 Years

Brandy Lynn Jones

Landlord-Tenant, Trusts, Family Law, Banking & Finance
Status:  In Good Standing           Licensed:  22 Years

Sandra Jeanne Clark

Trusts, Estate
Status:  In Good Standing           Licensed:  43 Years

Stephen Mason Dean

Other, Real Estate, Government, Trusts
Status:  In Good Standing           Licensed:  48 Years

Nancy J Gottes

Landlord-Tenant, Dispute Resolution, Trusts, Estate
Status:  In Good Standing           Licensed:  37 Years

Douglas Allen Wright

Estate Planning, Business, Trusts, Estate, Wills
Status:  In Good Standing           

Deanne Eileen Parker

Estate Planning, Business, Trusts, Estate, Wills
Status:  In Good Standing           

Lawrence Richard Smalley

Trusts, Estate, DUI-DWI
Status:  Inactive           

Jerrald Keith Pickering

Litigation, Trusts, Workers' Compensation, Employment
Status:  In Good Standing           Licensed:  67 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

IRREVOCABLE TRUST

A permanent trust. Once you create it, it cannot be revoked, amended or changed in any way.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

ADMINISTRATRIX

An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male... (more...)
An outdated term for a female administrator -- the person appointed by a court to handle probate on behalf of someone who died without a will. Now, whether male or female, this person is called the administrator.

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.

LIFE BENEFICIARY

A person who receives benefits, under a trust or by will, for his or her lifetime. For an example, see AB trust.

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)
The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

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. ...