Karn Thapar
Fixed Fee Billing and Client-Focused Guidance.
My approach to practicing law is to make it as stress-free as possible for my clients. That means that I have created an environment where working with my firm is understandable, approachable and pleasant.
I have been practicing law for approximately 15 years and my area of specialization is estate planning, which includes the drafting of wills, trusts and also handling probate matters. As mentioned previously, taking care of my clients is my top priority, and as such, I charge a flat fee for nearly all of the clients that I work with.
We do not charge for new clients consultations and I do not "bill" clients when they call me to answer a simple question! Thanks for taking the time to review my biography and I look forward to working with you and your family to achieve your estate planning goals.
- New York University School of Law
- J.D.
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- University of Cambridge, United Kingdom
- MBA
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- University of Southern California
- B.S. | Business Administration
- Honors: Cum Laude
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- Attorney
- Thapar Law
- - Current
- Professor
- Central Connecticut State University
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- Executive
- Ernst & Young
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- Associate
- Morrison & Foerster LLP
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- “What’s the Secret? Trade Secret Protection and Tax Avoidance.”
- Journal of Accounting and Finance
- “Give me a Voice! Freedom of Speech in the Private Sector.”
- “Throwing Stones at the Glass Steagall Act.”
- Daily Journal
- Wealth Counsel
- Estate Planning and Probate
- Elder Counsel
- Estate Planning and Probate
- 5 Star Rating
- Earned by less than 1% of law firms nationwide.
- Super Lawyers
- Estate Planning and Probate
- State Bar of California # 255673
- Member
- Current
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- Oregon State Bar # 216136
- Member
- Current
- Activities: Elder Law Section; Estate Planning and Administration Section
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- California
- State Bar of California
- ID Number: 255673
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- Oregon
- Oregon State Bar
- ID Number: 216136
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- Free Consultation
- Credit Cards Accepted
- Estate Planning
- Guardianship & Conservatorship Estate Administration, Health Care Directives, Trusts, Wills
- Probate
- Probate Administration
- Elder Law
- English: Spoken, Written
- Q. Can a debt amendment to a revocable trust be enforced if the trust is amended later ignoring the debt amendment?
- A: An amendment to a trust that follows proper formalities, including reference to original date, is generally enforceable. The inclusion of a notary stamp lends further credence to the enforceability of the amendment. From what you have described, it seems that the debt amendment has been amended out, but it would be advisable to speak with an attorney for more exact guidance.
- Q. We (husband and I) want to change the executor on our revocable trust before traveling soon.
- A: Changes to living trusts are generally notarized, so assuming that you have drafted the amendment/declaration correctly, it should hold up. However, there are other documents that have executors and also power of attorney, and it would be advisable to have it done correctly. You mentioned it was short notice, but you may want to factor in potentially making a mistake somewhere in your estate plan that doesn't align with your wishes.
- Q. Hi. I have a friend who was previously deemed incapacitated but is now able to inherit the sums as afforded her by trust
- A: It sounds like your friend's situation is quite complex. If your friend was previously deemed incapacitated but is now able to inherit from a trust, it suggests that there have been significant legal and perhaps medical changes in her circumstances.
It's good to hear that she's mentioned as a co-trustee in the documents, as this indicates a level of involvement and responsibility in managing the trust's affairs. However, it's concerning if her brother has been using trust funds in a lavish or irresponsible manner, such as purchasing a yacht and a Corvette. Mismanagement of trust funds can have serious legal and financial consequences.
Given the significant amount ... Read More
- Website
- Thapar Law Website