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Kristie L. Johnson

Family Law, Labor Law, Workers' Compensation, Estate Planning
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Dorothy B Rosenberger

Estate Planning, Family Law, Corporate, Collection
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George A. Shaw

Power of Attorney, Wills, Bankruptcy, Accident & Injury
Status:  In Good Standing           Licensed:  40 Years

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Glen Daryl Rubin

Wills & Probate, Reorganization, Credit & Debt, Bankruptcy
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David Sinclair Walker

Wills, Trusts, Estate, Divorce & Family Law, Elder Law
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John Hollingsworth

Commercial Real Estate, Immigration, Trusts, Business & Trade
Status:  In Good Standing           Licensed:  18 Years

John David Alexander

Estate, Contract, Construction, Personal Injury
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David Hill Peck

Tax Litigation, Tax, Gift Taxation, Divorce & Family Law
Status:  In Good Standing           Licensed:  39 Years

Victor Herng-Chin Kang

Commercial Real Estate, Real Estate, Wills & Probate, Credit & Debt
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Peter Lawrence Lublin

Commercial Real Estate, Real Estate, Lawsuit & Dispute, Wills & Probate
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LEGAL TERMS

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).

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

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.

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.

MARITAL LIFE ESTATE TRUST

See AB trust.

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

DEVISEE

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

KINDRED

Under some state's probate codes, all relatives of a deceased person.

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.

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