On August 6, Los Angeles partner Chris Heck won an appeal on behalf two of the beneficiaries in a longstanding litigation concerning a $65 million trust. In a 53-page reported opinion, the Second District Court of Appeal upheld Mr. Heck’s 2015 and 2016 trial court victories over another beneficiary who had challenged the trustee’s allocation of the gain on sale and taxes on one of the trust’s major real property assets. Via his appeal, the opposing beneficiary had hoped to recover $4 million from the clients or their sub-trusts. Instead, he will have to pay the clients’ attorney fees and costs for the appeal.
Trust and estates attorney, Jana Garrotto, has been elected for office as Secretary-Treasuer by the Los Angeles County Bar Association – Trusts and Estates Section for 2018-2019. This is part of a three year cycle wherein the officer begins as Secretary-Treasurer and ultimately serves as Chair. Prior to this election, Jana has been a member of the executive committee for the LACBA Trusts and Estates section and has served as the editor of the section’s monthly newsletter.