(DIAZTR) John A. Diaz and Michelle Diaz Inter Vivos Trust
After the death of a wealthy man, successfully represented his adult children from his first marriage against his second wife-trustee regarding the interpretation of the deceased’s trust. In trial in Riverside Superior Court, Palm Springs Courthouse, the court affirmed our clients’ interpretation of the trust that trustee had not distributed assets as required after her husband’s death. Additionally, the Court disallowed deductions from distributions of over $700,000 in trustee’s personal expenses from trust. Finally, the Court substantially adopted our position on the valuation of a key asset held in trust.