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WOODLAND HILLS ESTATE PLANNING LAWYER

Our Focus Is on You and Your Family

At the Law Offices of Alice A. Salvo, we understand that you will face unique challenges as you get older. These issues may involve possible nursing home care, the protection and distribution of your valuable assets, and working to secure the financial future of your family. Although these issues may feel overwhelming, we will help you make educated decisions and pursue options to suit your unique needs.

Carefully Guiding You to Beneficial Solutions

Our Woodland Hills estate planning attorney and staff provide quality customer service and can help answer any questions you have about your legal matter.

Estate Planning

Almost everyone has an estate. Your estate is essentially everything you own, including your home, vehicles, vacation home or other real estate, checking and savings accounts, life insurance, investments, retirement accounts and your personal possessions. These are all things you cannot take with you when you pass away, and an estate plan allows you to determine in advance what will happen to all these assets.

An estate plan also includes important documents that provide your wishes and instructions for end-of-life decisions, medical care and handling your affairs after your death or if you become incapacitated and cannot make decisions for yourself.

A Woodland Hills Estate Planning Lawyer from The Law Offices of Alice A. Salvo can help you build a customized estate plan based on your needs and goals for the future. Learn more about these specific estate planning options:

Trusts

Trusts are important estate planning tools that hold assets on behalf of one or more beneficiaries under the management of a third party, called the trustee. Trusts have many desirable benefits and can be arranged in different ways that specify how and when the trust assets are used. Some of these benefits include:

  • Avoiding Probate – trusts are not subject to probate and their assets pass directly to your beneficiaries according to the trust provisions, meaning your loved ones can access these assets faster.
  • Avoiding Excessive Taxation – trusts can avoid estate and other taxation, saving more of your assets for your beneficiaries.
  • Protecting Privacy – trust do not pass through probate, so their details are kept out of the public record.
  • Control Your Wealth – you can specify the terms of a trust to control how and to whom distributions are made.
  • Protect Your Legacy – trusts allow you to protect your estate assets from creditors, lawsuits or even untrustworthy beneficiaries.

An experienced Estate Planning Lawyer from Salvo Law can share more about the different kinds of trusts and how you can include them in your estate plan. Follow the links below for more information about trusts.

Probate

Probate is the process of handling a decedent’s final estate matters after their death. It is governed by the state courts and involves verifying the decedent’s will, gathering and valuing assets, paying any debts and taxes due, notifying beneficiaries, distributing assets to beneficiaries and otherwise carrying out the instructions contained in the will. If there is no legal will, the probate court handles all the above by appointing an executor for the estate.

As part of our estate planning services, as seasoned Probate Attorney from Salvo Law can guide you through the probate process and help you when a loved one dies without a will. We will explain what legal issues are involved in your case and how they might affect the options available to you. Explore the links below to learn more.

Medi-Cal

Medi-Cal is California’s Medicaid health care program. Your eligibility for Medi-Cal benefits depends on a variety of factors, and one of the most significant is your income and assets. There are ways to legally shield some of your assets from being counted in Medi-Cal eligibility calculations, but this requires some advance planning.

An experienced San Fernando Valley Medi-Cal Planning Attorney from Salvo Law can help you with any issues surrounding Medi-Cal eligibility or Medi-Cal qualifications, help you with Medi-Cal planning and answer any Medi-Cal questions you may have. Explore the links below to learn more.

Experienced Representation You Can Trust

At the Woodland Hills Law Offices of Alice A. Salvo, we offer personalized, focused representation that looks out for you and your family’s future. We understand the unique issues you face later in life and the concerns you have involving your family. Through years of practice, we have handled countless cases and are recognized throughout the legal community for helping individuals and families through difficult times. We will always focus on you as we work to protect your interests and help you carry out your wishes.

Call for a Free Consultation with a San Fernando Valley Medi-Cal Planning Attorney

We work tirelessly to ensure that your needs are met in your twilight years. Contact our Woodland Hills Medi-Cal planning lawyer online or call 818-676-9572 for a free initial consultation to discuss your situation. We welcome AARP members.