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David O'Mara
About | Practice Areas
The O'Mara Law Firm, P.C.
311 E. Liberty Street Reno, NV 89501» view map
Estate Law
Experience, Knowledge & Integrity

For over a decade, David C. O’Mara has built and maintained an outstanding reputation by providing superior legal services to his many clients.

800-971-0140
1. David O'Mara Reno, NV
  Attorney at Law - NV, 2003
  McGeorge School of Law J.D. 2003
2. AboutThe O'Mara Law Firm, P.C.
  Experience, Knowledge & Integrity
3. Practice AreasExpertise
  Estate Law
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Sara Kathleen Montalvo

Entertainment, Trusts, Family Law, Insurance

Status: In Good Standing

CONTACT

425 East Ninth Street, Reno, NV 89512

Paul Mark Bertone

Other, Lawsuit & Dispute, Trusts

Status: In Good Standing

CONTACT

1885 South Arlington Ave, Reno, NV 89509

Rebecca E Renzas

Other, Trusts, Gift Taxation, Estate Planning

Status: In Good Standing Licensed: 16 Years

CONTACT

4790 Caughlin Pkwy, Reno, NV 89519

Jennifer M Schaller

Trusts, Family Law, Divorce, Divorce & Family Law

Status: In Good Standing

CONTACT

527 S Arlington Ave, Reno, NV 89509

William Michael O'Mara

Industry Specialties, Trusts, Business, Bankruptcy & Debt

Status: In Good Standing

CONTACT

1550 S Marsh Ave, Reno, NV 89509

Brian C. Mcquaid

Trusts, Wrongful Termination, DUI-DWI, Banking & Finance

Status: In Good Standing

CONTACT

4785 Caughlin Parkway, Reno, NV 89520

Kimberly M. Surratt-tierney

Mass Torts, Trusts, Estate Planning, Family Law

Status: In Good Standing Licensed: 22 Years

CONTACT

3705 Lakeside Drive, Reno, NV 89509

Michaelle Digrazia Rafferty

Litigation, International, Trusts, Estate

Status: In Good Standing

CONTACT

4785 Caughlin Parkway, Reno, NV 89519

John Squire Drendel

Commercial Real Estate, Trusts, Personal Injury

Status: In Good Standing Licensed: 74 Years

CONTACT

6900 S Mccarran Blvd, Reno, NV 89509

Brian R. Irvine

Lawsuit, State and Local, Trusts, Wrongful Termination

Status: In Good Standing Licensed: 23 Years

CONTACT

100 W Liberty St, Reno, NV 89501

800-923-0641

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LEGAL TERMS

LAPSE

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. S... (more...)

Under a will, the failure of a gift of property. A gift lapses when the beneficiary dies before the person who made the will, and no alternate has been named. Some states have anti-lapse statutes, which prevent gifts to relatives of the deceased person from lapsing unless the relative has no heirs of his or her own. A lapsed gift becomes part of the residuary estate.

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.

LETTERS TESTAMENTARY

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succes... (more...)

The document given to an executor by the probate court, authorizing the executor to settle the estate according to either a will or the state's intestate succession laws.

GROSS ESTATE

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of prob... (more...)

For federal estate tax filing purposes, the total of all property owned at death, without regard to any debts or liens against the property or the costs of probate. Taxes are due only on the value of the property the person actually owned (the net estate) plus the amount of any taxable gifts made during life. In a few states, the gross estate is used when computing attorney fees for probating estates; the lawyer gets a percentage of the gross estate.

PROBATE COURT

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate cour... (more...)

A specialized court or division of a state trial court that considers only cases concerning the distribution of deceased persons' estate. Called 'surrogate court' in New York and several other states, this court normally examines the authenticity of a will -- or if a person dies intestate, figures out who receives her property under state law. It then oversees a procedure to pay the deceased person's debts and to distribute her assets to the proper inheritors. See probate.

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.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

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.

DEVISEE

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

SAMPLE LEGAL CASES

Hartford Fire Ins. Co. v. TRUSTEES OF CONST. INDUS.

... employees' union. After the subcontractor failed to pay employee-benefit contributions owed to the trusts, the trusts' trustees sued, in federal court, the general contractor and its surety to recover the unpaid contributions. The ...

IN MATTER OF ORPHEUS TRUST

... It is one of several successor trusts to the historic John Paul Getty Family Trust created in California in 1934. ... DISCUSSION. In 2003, the Nevada Legislature enacted certain provisions of the Uniform Principal and Income Act, which govern the administration of trusts. ...

Waldman v. Maini

... While in some instances a corporation may acquire equitable ownership of a life insurance policy through such remedies as constructive and resulting trusts, the facts of this case do not support the imposition of those equitable remedies. ...

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Reno Trusts Lawyer, Nevada

Sponsored Law Firm

The O'Mara Law Firm, P.C.

SPONSORED LAWYERS

Sara Kathleen Montalvo

Paul Mark Bertone

Rebecca E Renzas

Jennifer M Schaller

William Michael O'Mara

Brian C. Mcquaid

Kimberly M. Surratt-tierney

Michaelle Digrazia Rafferty

John Squire Drendel

Brian R. Irvine

TIPS

LEGAL TERMS

LAPSE

ABATEMENT

LETTERS TESTAMENTARY

GROSS ESTATE

PROBATE COURT

TRUST DEED

SWEARING MATCH

PROPERTY CONTROL TRUST

DEVISEE

SAMPLE LEGAL CASES

Hartford Fire Ins. Co. v. TRUSTEES OF CONST. INDUS.

IN MATTER OF ORPHEUS TRUST

Waldman v. Maini

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