In re Pacific Trust — Served as Court-appointed Guardian ad litem to represent interests of grandchildren in $130,000,000 breach of fiduciary claim by children against parents/trustees. After 9 days of trial, the Court granted the Guardian ad Litem's motion for judgment under civil code section 631.8 dismissing claims to $70,000,000.00 in foregin assets, which would have exposed remaining $60,000,000 in domestic assets to liability for income taxes, interest and penalties of $50,000,000 and liability for gift taxes, interest and penalties of an unknown amount.
In re: Stryker Family Trust — Lead trial attorney in law firm's representation of siblings in action to remove other sibling as trustee based on claims of financial elder abuse and breach of fiduciary duty against 90 year old father. Law firm ultimately recovered $500,000 in gold buillion from Candian gold dealer, and $250,000 property in Nicaragua pursuant to Probate Code section 850, having traced the assets back to the Trust as its source. After multi-day trial of amount of surcharge, Court imposed multi-million dollar surchage and double damages under Probate Code section 859 against defauding sibling and her spouse. Evidence retrieved by law firm was so compelling that DA obtain conviction for felony elder abuse with both defrading sibling and her spouse serving jail time.
In re: James Ambrose Johnson (aka Rick James) Trust — Served as Court-appointed Evidence Code section 730 expert opinining on issues relating to breach of fiduciary duty by business manager/trustee for Trust of deceased performing artist and funk legend, Rick James. Ultimately assisted parties in reaching global settlement including resignation of business manager as trustee.
In re Pasori Trust — Served as Court-appointed Evidence Code section 730 expert to opine, make recommendations and assist in settlement of case involving actions for removal of trustee of trust and estate with millions in assets and over $130,000,000.00 in creditors claims from financial institutions and individuals.
Estate Planning for Ultra High Net Worth Family — Lead attorney designing estate plan to take advantage of $5,120,000 gift tax exclusion before anticipated 2013 reduction to $1,000,000 by implementing two intentionally defective grantor trusts for the children, four qualified personal residence trust and five intentionally defective grantor trusts for the grandchildren.
Settlement High Net Worth Family thru Advanced Estate Planning — Represented sibling/trustee in disputes with other sibling/trustees in connection with administration of parents' Trusts. Resolved case before litigation commenced by proposing and fashioning taxable gifts in December of 2012 to utilize parents $5,120,000 gift tax exemption before reduction in exemption to $1,000,000 would have made pre-settlement litigation impossible.
Estate Planning for High Net Worth Family — Designed estate plan for ultra high net worth family that utilized irrevocable inter vivos QTIP Trust to prevent future entanglement of second spouse with children from prior marriage, and allows grantor to receive benefit of trust if spouse predeceased grantor by virtue of inclusion of QTIP Trust in spouse's estate and creation of bypass equivalent trust for grantor spouse.
In re Conservatorship of Chiang — Represented conservator in financial elder abuse recovery of approximately $9,000,000 from abusers.