Lee v. Kim CA2/8

FACTS AND PROCEDURE

1. Complaints The operative complaint alleges Lee purchased commercial real property at 11224 Western Avenue in Los Angeles to generate retirement income. Lee established SNI and purchased the property through SNI. Although she was the manager of SNI, she chose her oldest son, Sea Kwang Lee (Sea Kwang),1 to be the sole member of SNI. Sea Kwang understood Lee wholly owned SNI, and he allegedly agreed to hold his ownership interest in SNI in a revocable trust for the benefit of Lee. The complaint alleges Lee became gravely ill in 2006 and believed she was going to die. Kim allegedly persuaded Lee to visit a trust and estates lawyer and convey equal interests in SNI to four of her children. As a result, Lee instructed Sea Kwang to terminate the trust and give himself and three of his siblings,

To distinguish between plaintiff Lee and the various other members of the Lee family, we will use the first two names of other family members. We do not intend this informality to reflect a lack of respect. Also, we note the spelling of Sea Kwang‟s name is inconsistent in the record. He is sometimes referred to as Sea Kwang and sometimes as Sea Gwang. We will…