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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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Theresa Marie Reagan

Health Care Other, Trusts, Family Law, Divorce & Family Law, Civil & Human Rights

Status: Licensed: 38 Years

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372 Jeffries Rd, Big Bear Lake, CA 92315

Joseph L. Borrie

Gift Taxation, Bankruptcy

Status: Licensed: 47 Years

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Running Springs, CA 92382

Leah Larkin

Wills, Trusts, Estate Planning, Estate

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873 Beaumont Ave, Beaumont, CA 92223

Richard Samuel Price

Estate, Trusts, Wills & Probate

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300 E State St, Redlands, CA 92373

William Michael Nassar

Wills & Probate, Estate Planning, Estate, Guardianships & Conservatorships, Business

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1461 Ford St, Redlands, CA 92373

Esther Chen Wang

Medicare & Medicaid, Trusts, Estate, Pension & Benefits, Elder Law

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104 E Olive Ave, Redlands, CA 92373

Trevor Douglas Martin

Wills, Trusts, Estate Planning, Car Accident

Status: Licensed: 14 Years

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300 E State St, Redlands, CA 92373

Jack Brian Osborn

Wills, Trusts

Status: Licensed: 21 Years

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300 E State St, Redlands, CA 92373

J. David Horspool

Wills & Probate, Trusts, Estate Planning, Guardianships & Conservatorships, Business

Status: Licensed: 44 Years

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300 E State St, Redlands, CA 92373

Mark J. Andrew Flory

Litigation, Wills, Trusts, Estate

Status: Licensed: 28 Years

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300 E State St, Redlands, CA 92373

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LEGAL TERMS

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.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

POUR-OVER WILL

A will that 'pours over' property into a trust when the will maker dies. Property left through the will must go through probate before it goes into the trust.

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.

ENDOWMENT INSURANCE

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death.... (more...)

Provides that an insured person who lives for the specified endowment period receives the face value of the insurance policy--that is, the amount paid at death. If the policy-holder dies sooner, the beneficiary named in the policy receives the proceeds.

SURROGATE COURT

See probate court.

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.

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.

SAMPLE LEGAL CASES

In re Estate of Young

Stephen Parker, as administrator of the estate of Irma E. Young, deceased (the Estate), filed this petition under Probate Code section 850, subdivision (a), [1] to request an order and judgment establishing the Estate's ownership of certain real property and personal property held by ...

Estate of Kievernagel

In this case we must decide whether a widow has the right to use her late husband's frozen sperm to attempt to conceive a child where her late husband signed an agreement with the company storing the frozen sperm providing that the frozen sperm was to be discarded upon his ...

Estate of Bennett

Claimants Smith Heavy Industrial Transit Corporation and Advanced Development Holdings, Inc. (collectively Smith), appeal from a probate court order granting the motion of petitioners Lu Ella Bennett, Jack H. Bennett, Jr., and Louise Comer to set aside and rescind a ...

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Angelus Oaks Estate Lawyer, California

Sponsored Law Firm

Law Offices Of Anthony Abbott

SPONSORED LAWYERS

Theresa Marie Reagan

Joseph L. Borrie

Leah Larkin

Richard Samuel Price

William Michael Nassar

Esther Chen Wang

Trevor Douglas Martin

Jack Brian Osborn

J. David Horspool

Mark J. Andrew Flory

TIPS

LEGAL TERMS

EXEMPTION TRUST

MINERAL RIGHTS

GENERATION-SKIPPING TRANSFER TAX

POUR-OVER WILL

ALTERNATE BENEFICIARY

ENDOWMENT INSURANCE

SURROGATE COURT

UNIFORM TRANSFER-ON-DEATH SECURITY ACT

RESIDUARY BENEFICIARY

SAMPLE LEGAL CASES

In re Estate of Young

Estate of Kievernagel

Estate of Bennett

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