Richgrove Trusts Lawyer, California

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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
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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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Joseph M Simoes

Estate Planning, Contract, Family Law, Trusts, Estate

Status: In Good Standing Licensed: 19 Years

CONTACT

250 N. "M" Street, Tulare, CA 93274

Francis Lutie Thompson

Trusts, Child Support, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 16 Years

CONTACT

424 Truxtun Ave, Bakersfield, CA 93301

Gerald Hamilton Oldfield

Landlord-Tenant, Trusts, Divorce & Family Law, Accident & Injury

Status: In Good Standing Licensed: 36 Years

CONTACT

1810 Westwind Dr, Bakersfield, CA 93301

Larry Lynn Wright

Trusts, Estate, Elder Law

Status: In Good Standing Licensed: 33 Years

CONTACT

1800 Westwind Dr, Bakersfield, CA 93301

Paul Matthew Harman

Other, Motor Vehicle, Trusts, Criminal

Status: In Good Standing

CONTACT

1701 Westwind Dr, Bakersfield, CA 93301

Paul Harman

Other, Motor Vehicle, Trusts, Criminal

Status: In Good Standing

CONTACT

1701 Westwind Dr, Bakersfield, CA 93301

Brandon Bryce Holladay

Estate Planning, Personal Injury, Mass Torts, Trusts, Wills

Status: In Good Standing Licensed: 23 Years

CONTACT

1901 Truxtun Ave, Bakersfield, CA 93301

Joseph Stephen Pearl

Trusts, Estate Planning, Bankruptcy, Wills

Status: In Good Standing

CONTACT

1400 Chester Avenue, Bakersfield, CA 93301

James Richard Hulsy

Trusts, Estate, Family Law, Divorce & Family Law

Status: In Good Standing Licensed: 45 Years

CONTACT

412 Truxtun Ave, Bakersfield, CA 93301

David Christopher Bynum

Commercial Real Estate, Trusts, Corporate, Contract

Status: In Good Standing Licensed: 17 Years

CONTACT

5601 Truxtun Ave, Bakersfield, CA 93309

800-923-0641

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LEGAL TERMS

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

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.

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.

DEATH TAXES

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who... (more...)

Taxes levied at death, based on the value of property left behind. Federal death taxes are called estate taxes. Some states levy inheritance taxes on people who inherit property.

LIFE BENEFICIARY

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

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

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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Richgrove Trusts Lawyer, California

Sponsored Law Firm

Law Offices of Ashton Dunn

SPONSORED LAWYERS

Joseph M Simoes

Francis Lutie Thompson

Gerald Hamilton Oldfield

Larry Lynn Wright

Paul Matthew Harman

Paul Harman

Brandon Bryce Holladay

Joseph Stephen Pearl

James Richard Hulsy

David Christopher Bynum

TIPS

LEGAL TERMS

CHARITABLE TRUST

SPRINKLING TRUST

EXEMPTION TRUST

GENERATION-SKIPPING TRANSFER TAX

DEATH TAXES

LIFE BENEFICIARY

HEIR APPARENT

SUMMARY PROBATE

QTIP TRUST

SAMPLE LEGAL CASES

Schwartz v. Labow

In re Estate of Young

Bilafer v. Bilafer

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