What Does it Mean

What is a Revocable Trust?

By Schonauer Law on Sep 14, 2016 at 09:20 PM in What Does it Mean

A Revocable Trust, or "living trust" is a trust created during a person’s lifetime, hence the terms revocable and living.

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DOE?

By Schonauer Law on Sep 08, 2016 at 07:03 PM in What Does it Mean

Under California Code of Civil Procedure section 474, if a Plaintiff is ignorant of the name of a potential defendant, a defendant in the complaint may be named as a “Doe” defendant. Often the caption of a complaint filed in the court will include DOES 1 – 10 as defendants

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Automatic Restraining Orders (ATROs) - Exceptions

By Schonauer Law on Aug 24, 2016 at 09:51 AM in What Does it Mean

A party may eliminate the right of survivorship to property, as long as the party provides notice of the change is filed with the court and served on the other party before the change takes effect. There is a right of survivorship

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Automatic Restraining Orders (ATROs) - Exceptions

By Schonauer Law on Aug 17, 2016 at 08:10 AM in What Does it Mean

The ATROs prevent no person from revoke an instrument that makes a transfer of property on death, including a revocable trust if the party provides notice of the change is filed with the court and served on the other party before the change takes effect.

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Automatic Restraining Orders (ATROs) - Exceptions

By Schonauer Law on Aug 10, 2016 at 05:30 PM in What Does it Mean

The ATROs prevent no person from creating, modifying, or revocation a will because a will is nothing more than testamentary intention of the party and not an actual transfer of property.

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Automatic Restraining Orders (ATROs) - Exception

By Schonauer Law on Aug 03, 2016 at 07:44 AM in What Does it Mean

When a person files for dissolution (divorce), under Family Code section 2040 California imposes standard (Automatic) Temporary Restraining Orders (“ATROs”).

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Right of Survivorship

By Schonauer Law on Aug 01, 2016 at 10:09 AM in What Does it Mean

Right of Survivorship

Right of Survivorship means property will pass to surviving parties on title if a party on title should die.

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Automatic Restraining Orders (ATROs)

By Schonauer Law on Jul 27, 2016 at 11:12 PM in What Does it Mean

When a person files for dissolution (divorce), under Family Code Section 2040 California imposes standard (Automatic) Temporary Restraining Orders (“ATROs”).

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JURISDICTION

By Schonauer Law on Jan 11, 2016 at 06:07 AM in What Does it Mean

Jurisdiction is the right, power, or authority to determining controversies and issue orders that parties to the controversy must comply. In California, the superior courts are the lowest level of state courts in holding general jurisdiction on civil and criminal matters. Jurisdiction is divided into to categories, personal jurisdiction and subject matter jurisdiction.

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Stock Options

By Schonauer Law on Dec 21, 2015 at 09:09 AM in What Does it Mean

An Employer may offer stock options to an employee to attract a new employee, as compensation for future service, and/or as an incentive for an employee to stay with the company. A Stock option is an option to purchase a specific number of shares of employer’s stock at a particular price and time.

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