On September 26, 2011 a
Party Discovery
was filed
involving a dispute between
Corrales, Gilbert,
Corrales, Lorraine,
and
for Trust
in the District Court of San Bernardino County.
Preview
ELECTRONICALLY FILED
SUPERIOR COURT OF CALIFORNIA
COUNTY OF SAN BERNARDINO
Jason L. Gaudy (SBN 228975) SAN BERNARDINO DISTRICT
GAUDY LAW, INC. 7/5/2023 3.17
I
PM
267 D Street
Upland, CA91786 By: Brenda Cordero, DEPUTY
Tel: (909) 982-3199
Fax: (909) 946-9449
Email: iason@gaudvlaw.com
LOUIE A. RUIZ (SBN: 309657)
GEORGE V. KARR
VISTAS LAW GROUP, LLP
430 N. Vineyard Ave, Suite 303
Ontario, California 9 1 764
Telephone: (2 1 3) 745—8747
Facsimile: (213) 745—8748
Email: lruiz@vistaslawgroup.com
10 gkarr@vistaslawgroup.com
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Attorney for Respondent,
Lorraine Corrales
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SUPERIOR COURT OF THE STATE OF CALIFORNIA
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COUNTY OF SAN BERNARDINO — CENTRAL DISTRICT
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IN RE: Case No.1 PROPSI 100680
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Honorable, Michelle Gillece, Judge
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PETE CORRALES AND
G.
CARMEN C. CORRALES AMENDED THIRD STATEMENT OF
19 REVOCABLE TRUST FINAL ACCOUNT AND REPORT OF
TRUSTEE, LORRAINE CORRALES
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[Probate Code Sec. 1060, 1064, 2320, 16062,
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and 17200]
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Date: August 15, 2023
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Dept: S36
Time: 9:00 a.m.
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Respondent, LORRAINE CORRALES (hereafter “Trustee”), as trustee 0f the PETE F.
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CORRALES AND CARMEN C. CORRALES REVOCABLE TRUST hereby presents her
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AMENDED THIRD STATEMENT OF FINAL ACCOUNT AND REPORT OF TRUSTEE, LORRAINE
CORRALES
Doc ID: 52447e8ef507de104c775b4a47fd 7c4af4cd2d68
amended third statement of account and report 0f trustee for the period September 26, 2011
through December 31, 2022.
Trustee respectfully represents as follows:
Summary 0f Account
1. Trustee submits her Amended Second 0f final account 0f the Trust covering the
period September 26, 2011 through December 31, 2022 attached hereto as Exhibit "1."
Petitioner is chargeable and entitled t0 the credits in the attached Summary 0f Account in
Exhibit "1" and its supporting schedules. The Summary 0f Account attached hereto as Exhibit
“1” is incorporated herein by reference as though fully repeated hereto (the “Summary 0f the
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Account”).
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2. The Summary 0f the Account consists of bank accounts with Cathay Bank and
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accounts With Morgan Stanley for the period September 26, 2011 through December 31, 2022
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The Cathay Bank accounts represent the initial cash that belonged t0 the Pete G. Corrales and
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Carmen C. Corrales Revocable Trust, Dated November 25, 1994 (the “Trust”) from rents
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collected from the real properties located at (1) 2833 West Main, Alhambra, California 91801;
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17 (2) 112 North Huntington Dr., Alhambra, California 91801; (3) 489 & 507 W. Alpine, Upland,
California, and (4) 809 S. 4th Street, #7, Alhambra, California 91801 and net sales proceeds of
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19 those real properties except for the real property located at 112 North Huntington Dr.,
20 Alhambra, California 91801. The Morgan Stanley Accounts make up the liquid funds from the
21 rents and net sales proceeds inherited by Petitioner Gilbert Corrales (the “Petitioner”) from the
22 Pete G. Corrales and Carmen C. Corrales Revocable Trust, Dated November 25, 1994 (the
23 “Trust”).
24 3. The Petitioner created his own trust entitled the Gilbert Corrales Irrevocable
25 Trust, Dated February 2, 2013 (the “Irrevocable Trust”) upon termination 0f the Trust 0n
26 February 2, 2013. The Petitioner named the Trustee as sole trustee 0f his Irrevocable Trust and
27 went so far as t0 name her as sole beneficiary of his Irrevocable Trust.
28 4. Petitioner and the Trustee agreed that Petitioner would receive 100% ownership
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AMENDED THIRD STATEMENT OF FINAL ACCOUNT AND REPORT OF TRUSTEE, LORRAINE
CORRALES
Doc ID: 5244768ef507de104C775b4a47fd 7C4af4cd2d68
Document Filed Date
July 05, 2023
Case Filing Date
September 26, 2011
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