Van Nuys Estate Planning 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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800-615-0850
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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Includes: Gift Taxation

Joel S. Seidel

Bankruptcy, Estate Planning, Family Law, Real Estate

Status: In Good Standing

FREE CONSULTATION

CONTACT

1925 Century Park East, Los Angeles, CA 90067

John Balian

Business Organization, Wills & Probate, Estate Planning, Bankruptcy

Status: In Good Standing

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21550 Oxnard Street, Woodland Hills, CA 91367

Louis A. Reisman

Business Organization, Contract, Estate Planning, Tax

Status: In Good Standing

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1875 Century Park East, Los Angeles, CA 90067

Michelle Will

Estate Planning, Family Law, Criminal, Divestitures

Status: In Good Standing

FREE CONSULTATION

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5670 Wilshire Blvd., Los Angeles, CA 90036

Mitchell A. Karasov

Estate Planning, Domestic Violence & Neglect, Elder Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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5352 Laurel Canyon Boulevard, Valley Village, CA 91607

Mitra Torabi

Family Law, Estate Planning, Real Estate, Litigation

Status: In Good Standing

FREE CONSULTATION

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5850 Canoga Ave., Woodland Hills, CA 91367

Neil Solarz

Estate Planning, Corporate, Contract, Business Organization

Status: In Good Standing

CONTACT

1875 Century Park East, Los Angeles, CA 90067

Renee Wittlif

Estate Planning, Trusts

Status: In Good Standing

CONTACT

8383 Wilshire Blvd, Beverly Hills, CA 90211

Ryan D. Nowicki

Tax, Estate Planning, Corporate, Business Organization

Status: In Good Standing

CONTACT

10250 Constellation Boulevard, Los Angeles, CA 90067

S. Jack Fenigstein

Corporate, Business Organization, Estate Planning, Mental Health

Status: In Good Standing

CONTACT

1900 Avenue of the Stars, Los Angeles, CA 90067

800-923-0641

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LEGAL TERMS

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

RESIDUARY BENEFICIARY

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leav... (more...)

A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

HOLOGRAPHIC WILL

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many stat... (more...)

A will that is completely handwritten, dated and signed by the person making it. Holographic wills are generally not witnessed. Although it's legal in many states, making a holographic will is never advised except as a last resort.

PER CAPITA

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leavin... (more...)

Under a will, the most common method of determining what share of property each beneficiary gets when one of the beneficiaries dies before the willmaker, leaving children of his or her own. For example, Fred leaves his house jointly to his son Alan and his daughter Julie. But Alan dies before Fred, leaving two young children. If Fred's will states that heirs of a deceased beneficiary are to receive the property per capita, Julie and the two grandchildren will each take a third. If, on the other hand, Fred's will states that heirs of a deceased beneficiary are to receive the property per stirpes, Julie will receive one-half of the property, and Alan's two children will share his half in equal shares (through Alan by right of representation).

SECONDARY MEANING

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use ... (more...)

In trademark law, a mark that is not inherently distinctive becomes protected after developing a 'secondary meaning': great public recognition through long use and exposure in the marketplace. For example, though first names are not generally considered inherently distinctive, Ben & Jerry's Ice Cream has become so well known that it is now entitled to maximum trademark protection.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

LIFE BENEFICIARY

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

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

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.

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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Van Nuys Estate Planning Lawyer, California, page 2

Sponsored Law Firm

Law Offices of Ashton Dunn

SPONSORED LAWYERS

Joel S. Seidel

John Balian

Louis A. Reisman

Michelle Will

Mitchell A. Karasov

Mitra Torabi

Neil Solarz

Renee Wittlif

Ryan D. Nowicki

S. Jack Fenigstein

TIPS

LEGAL TERMS

AB TRUST

RESIDUARY BENEFICIARY

HOLOGRAPHIC WILL

PER CAPITA

SECONDARY MEANING

HEIR AT LAW

LIFE BENEFICIARY

BENEFICIARY

EXECUTOR

SAMPLE LEGAL CASES

Murphy v. Murphy

In re Estate of Young

Chang v. Lederman

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