Tejon Ranch Estate Planning Lawyer, California, page 2

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Anthony Abbott
About | Practice Areas
Law Offices Of Anthony Abbott
375 S. Rancho Santa Fe Rd. 105 San Marcos, CA 92078» view map
Estate Law
Over 50 Years Of Experience

The Law Offices of Anthony Abbott has been working for the people in the great state of California for over 50 years.

800-497-8821
1. Anthony Abbott San Marcos, CA
  Attorney at Law- CA, 1970
  Southwestern University School of Law, J.D.
2. AboutLaw Offices Of Anthony Abbott
  Over 50 Years Of Experience
3. Practice AreasExpertise
  Estate Law
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Includes: Gift Taxation

Scott Ryan Williams

Estate Planning, Workers' Compensation, Aviation, Contract, Commercial Real Estate

Status: In Good Standing Licensed: 44 Years

CONTACT

4401 Appleton Way, Bakersfield, CA 93311

John J. Burke

Power of Attorney, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing Licensed: 48 Years

CONTACT

5500 Ming Ave, Bakersfield, CA 93309

Michael Patrick Mears

Tax, International, Gift Taxation, Misdemeanor

Status: In Good Standing Licensed: 50 Years

CONTACT

5500 Ming Ave, Bakersfield, CA 93309

Douglas Gilmore Webber

Dispute Resolution, Estate Planning, Family Law, Insurance, Personal Injury

Status: In Good Standing Licensed: 44 Years

CONTACT

1220 N Montgomery St, Ojai, CA 93023

Samuel Delucenna Ingham

Trusts, Estate Planning, Estate

Status: In Good Standing Licensed: 49 Years

CONTACT

444 S Flower St, Ojai, CA 93023

Kyle Wayne Jones

Estate Planning, Estate, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 22 Years

CONTACT

1620 Mill Rock Way, Bakersfield, CA 93311

Scott Harris Nisson

Tax, International, Gift Taxation

Status: In Good Standing Licensed: 47 Years

CONTACT

9601 Valley Oak Court, Bakersfield, CA 93311

John Vance Magee

International, Gift Taxation, Tax

Status: In Good Standing

CONTACT

10515 Finchley Dr, Bakersfield, CA 93311

Thomas Scott Mcintosh

Wills & Probate, Trusts, Estate Planning, Estate, Bankruptcy & Debt

Status: In Good Standing

CONTACT

5001 E Commercenter Dr, Bakersfield, CA 93309

Jose Alfonso Guerrero

Estate Planning, Contract, Consumer Bankruptcy, Health Care, Commercial Real Estate

Status: In Good Standing Licensed: 27 Years

CONTACT

5001 E Commercecenter Dr, Bakersfield, CA 93309

800-923-0641

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LEGAL TERMS

STATUTORY SHARE

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceas... (more...)

The portion of a deceased person's estate that a spouse is entitled to claim under state law. The statutory share is usually one-third or one-half of the deceased spouse's property, but in some states the exact amount of the spouse's share depends on whether or not the couple has young children and, in a few states, on how long the couple was married. In most states, if the deceased spouse left a will, the surviving spouse must choose either what the will provides or the statutory share. Sometimes the statutory share is known by its more arcane legal name, dower and curtesy, or as a forced or elective share.

IRREVOCABLE TRUST

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

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.

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.

FUNDING A TRUST

Transferring ownership of property to a trust.

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using... (more...)

A statute that allows people to name a beneficiary to inherit stocks or bonds without probate. The owner of the securities can register them with a broker using a simple form that names a person to receive the property after the owner's death. Every state but Texas has adopted the statute.

DOWER AND CURTESY

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') ... (more...)

A surviving spouse's right to receive a set portion of the deceased spouse's estate -- usually one-third to one-half. Dower (not to be confused with a 'dowry') refers to the portion to which a surviving wife is entitled, while curtesy refers to what a man may claim. Until recently, these amounts differed in a number of states. However, because discrimination on the basis of sex is now illegal in most cases, most states have abolished dower and curtesy and generally provide the same benefits regardless of sex -- and this amount is often known simply as the statutory share. Under certain circumstances, a living spouse may not be able to sell or convey property that is subject to the other spouse's dower and curtesy or statutory share rights.

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.

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.

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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Tejon Ranch Estate Planning Lawyer, California, page 2

Sponsored Law Firm

Law Offices Of Anthony Abbott

SPONSORED LAWYERS

Scott Ryan Williams

John J. Burke

Michael Patrick Mears

Douglas Gilmore Webber

Samuel Delucenna Ingham

Kyle Wayne Jones

Scott Harris Nisson

John Vance Magee

Thomas Scott Mcintosh

Jose Alfonso Guerrero

TIPS

LEGAL TERMS

STATUTORY SHARE

IRREVOCABLE TRUST

GRANT DEED

EXECUTOR

FUNDING A TRUST

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

DOWER AND CURTESY

GENERATION-SKIPPING TRANSFER TAX

PUBLIC ADMINISTRATOR

SAMPLE LEGAL CASES

Murphy v. Murphy

In re Estate of Young

Chang v. Lederman

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