On behalf of Law Offices of Alice A. Salvo | Mar 2, 2020 | Blog
It comes as a surprise to many that when a person passes away with assets, his or her estate may be able to avoid probate. In California, when assets and property can bypass probate, they may be able to do so through something called a simplified proceeding. If you...
On behalf of Law Offices of Alice A. Salvo | Feb 26, 2020 | Blog
When there are not adult children around to help, aging adults have to been clear when it comes to estate decisions. The good news is that by being prepared, this group, “Solo Agers”, or single people or couples who are don’t have kids to assist them as they get...
On behalf of Law Offices of Alice A. Salvo | Feb 24, 2020 | Blog
Having the insight to set up a trust for your funds and assets is forward thinking and can be a smart move. These helpful legal devices create a space where you can move property, money, and valuables, and keep them safe from certain creditors. When set up properly,...
On behalf of Law Offices of Alice A. Salvo | Feb 21, 2020 | Blog
What is a Grey Divorce? According to the PEW Research Center, “Grey Divorce”, or divorce over 50, is becoming increasingly more common. In 2017, the center found that the divorce rate for this population had roughly doubled since the 1990s. For couples who have been...
On behalf of Law Offices of Alice A. Salvo | Feb 19, 2020 | Blog
Estate planning involves using various legal devices to protect what you have built so that it can be passed on to your loved ones. A main goal of this process is to limit the assets and amount of funds that have to go through probate. One measure that can be used for...
On behalf of Law Offices of Alice A. Salvo | Feb 17, 2020 | Blog
A living trust is legal device wherein a trust creator (settlor) can put assets and funds while they are alive for the benefit of named beneficiaries. When the settlor passes away, the trust has to go through something called a trust administration. If you have a...
On behalf of Law Offices of Alice A. Salvo | Feb 14, 2020 | Blog
Many people don’t think about the word probate until someone close to them passes away. If the death was unexpected, this mysterious legal term may be mentioned in passing as loved ones cope with their shock and grief and make final arrangements. After the services...
On behalf of Law Offices of Alice A. Salvo | Feb 12, 2020 | Blog
Getting your estate plan together can feel like taking a weight off of your shoulders. Once all of your documents are properly executed and put away it’s easy to forget about them. As your life moves forward, parts of your plan, such as your will, may need to be...
On behalf of Law Offices of Alice A. Salvo | Feb 10, 2020 | Blog
A sad reality is there are some people who are willing to manipulate others for their own gain. These same individuals usually do not have reservations about exerting their influence over someone who is vulnerable in order to financially benefit. Sometimes the victim...
On behalf of Law Offices of Alice A. Salvo | Feb 7, 2020 | Blog
When you are a parent of a child with a severe disability, financially preparing for his or her long-term future is imperative. You want to do everything in your power today, to make sure your child is able to live comfortably into adulthood. Setting up a special...
