Probate, Estate Planning and Trust Law
Law Offices of Alice A. Salvo  Law Offices of Alice A. Salvo
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Phone: 818-676-9572

November 2017 Archives

Pursuing personal representatives removed from that role

The main goal of estate planning is to allow Woodland Hills residents to share their assets with beneficiaries according to their own wishes. Yet that happening may depend largely on the competency and trustworthiness of whomever one chooses to be his or her personal representative. There are a number of things that a personal representative can do that may be prejudicial to an estate and can disqualify him or her from the role. A breach of fiduciary duty in this regard includes any actions (or inactions) that go against those rights and responsibilities conferred on the personal representative (provided they were done in bad faith). 

$1 million stolen from Mission Viejo man by caretaker

For many in Woodland Hills, the thought that they would ever be in a position to not make decisions for themselves may seem unfathomable. Yet no one can anticipate when they may become incapacitated, and without the proper planning, one might find his or her decision-making privileges handed over to another who they may not know. States often employ public caretakers and guardians to assist people who have become incapacitated or been determined to be incompetent. While many of these professionals fulfill their duties admirably, others may have proven themselves to be less than honest. 

What should I consider in planning for end of life care?

Few people like to think about what will happen to them if they become incapacitated as the result of an accident or becoming elderly. However, if you are a California resident with definite ideas about what types of care you would and would not want in such a situation, the California Probate Court allows you to make an advance health care directive fully expressing your wishes.

How can you protect your estate from nursing home costs?

When working through your estate planning in Woodland Hills, it is easy to base your decisions off of your current situation. Right now, you may not even be considering the prospect of having to pay for added services as you age. Yet you may soon discover that it often costs money to get older, particularly if you have to spend an extended period of your golden years in a nursing home. Without the right planning, you may find that many of the assets you hoped to leave to your beneficiaries will be depleted to pay for your care. 

Issues to avoid when creating a comprehensive estate plan

Nobody is perfect. Humans make mistakes; they're a part of learning. One area, however, you might want to be pretty meticulous about is in the creation of your estate plan. By leaving a plan that is comprehensive and that distinctly spells out your wishes, you will be giving your family an invaluable gift. Fashioning such an estate plan will go a long way toward making sure no feelings are hurt and that no disagreements ensue between your loved ones.