Pacific Grove Trusts Lawyer, California, page 2

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Ashton Dunn
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Law Offices of Ashton Dunn
139 N Balsam Ste 1300 Ridgecrest, CA 93556» view map
Bankruptcy
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1. Ashton Dunn Ridgecrest, CA
  Attorney at Law - CA, 1999
  Peoples COL, J.D., 1999
2. AboutLaw Offices of Ashton Dunn
  Over 20 years of experience.
3. Practice AreasExpertise
  Bankruptcy Law
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Linda Mullaly Masten

Lawsuit & Dispute, Trusts, Gift Taxation, Estate

Status: In Good Standing Licensed: 49 Years

CONTACT

Carmel By The Sea, CA 93921

Jeanne Louise O'Brien

Commercial Real Estate, Real Estate, Trusts, Estate

Status: In Good Standing

CONTACT

Carmel By The Sea, CA 93921

Matthew A. Setterquist

Estate, Trusts, Wills & Probate

CONTACT

419 Webster Street, Monterey, CA 93940

Grey Rufus Cohen

Trusts, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 17 Years

CONTACT

587 Hartnell St, Monterey, CA 93940

Andrew Leonard Gibaut

Trusts, Divorce & Family Law, Family Law, Wills

Status: In Good Standing

CONTACT

587 Hartnell St, Monterey, CA 93940

Nicholas C Fantl

Trusts, Estate Planning, Felony, Property Damage

Status: In Good Standing

CONTACT

500 Camino El Estero, Monterey, CA 93940

Fredrick Lane Kennifer

White Collar Crime, Estate Planning, International, Commercial Real Estate, Trusts

Status: In Good Standing

CONTACT

500 Camino El Estero, Monterey, CA 93940

William Wade Sergent

General Practice

Status: In Good Standing

CONTACT

500 Camino El Estero, Monterey, CA 93940

Lori Lynne Espinoza

Litigation, Wills, Trusts

Status: In Good Standing Licensed: 17 Years

CONTACT

444 Pearl St, Monterey, CA 93940

Thomas Evans Mallett

Tax, International, Gift Taxation, Trusts

Status: In Good Standing Licensed: 40 Years

CONTACT

149 Bonifacio Pl, Monterey, CA 93940

800-923-0641

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LEGAL TERMS

FAILURE OF ISSUE

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

INTESTATE

The condition of dying without a valid will. The probate court appoints an administrator to distribute the deceased person's property according to state law.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

ALTERNATE BENEFICIARY

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to ... (more...)

A person, organization or institution that receives property through a will, trust or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his will Jake leaves his collection of sheet music to his daughter, Mia, and names the local symphony as alternate beneficiary. When Jake dies, Mia decides that the symphony can make better use of the sheet music than she can, so she refuses (disclaims) the gift, and the manuscripts pass directly to the symphony. In insurance law, the alternate beneficiary, usually the person who receives the insurance proceeds because the initial or primary beneficiary has died, is called the secondary or contingent beneficiary.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

SURROGATE COURT

See probate court.

DEVISEE

A person or entity who inherits real estate under the terms of a will.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

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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Pacific Grove Trusts Lawyer, California, page 2

Sponsored Law Firm

Law Offices of Ashton Dunn

SPONSORED LAWYERS

Linda Mullaly Masten

Jeanne Louise O'Brien

Matthew A. Setterquist

Grey Rufus Cohen

Andrew Leonard Gibaut

Nicholas C Fantl

Fredrick Lane Kennifer

William Wade Sergent

Lori Lynne Espinoza

Thomas Evans Mallett

TIPS

LEGAL TERMS

FAILURE OF ISSUE

INTESTATE

PUBLIC ADMINISTRATOR

ALTERNATE BENEFICIARY

TRUST DEED

EXEMPTION TRUST

SURROGATE COURT

DEVISEE

ESTATE TAXES

SAMPLE LEGAL CASES

Schwartz v. Labow

In re Estate of Young

Bilafer v. Bilafer

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