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Category Archives: Executors & Fiduciaries

What is the Uniform Prudent Investor Act?

12/31/2022
When appointed as a trustee in Woodland Hills, one of the duties assigned to you by the trust article may be to invest trust assets in an attempt to grow them. When doing so, you are held to a standard ... Read More

What Powers Do You Have As A Trustee?

12/31/2022
To take upon the role of trustee over a trust containing the real property and assets of a family member or friend in Woodland Hills can be quite a daunting task. Before agreeing to assume such a role, it may ... Read More

Filling a Vacated Trustee’s Office

12/31/2022
The success a trust achieves in managing the assets therein may depend largely on the capabilities of the trustee. Many often come to us here at the Law Offices of Alice A. Salvo concerned over the office of a trustee having been ... Read More

Lawsuit Aims To Stop McDonald’s From Using Late Artist’s Works

12/31/2022
For those in Woodland Hills, Los Angeles or another California city who have been asked to serve as the executor or personal representative of a family member or friend’s estate, their responsibilities may go beyond simply ensuring that the estate ... Read More

What Is A Trustee’s Standard Of Care?

12/31/2022
When you are party to a trust in Woodland Hills, you no doubt have interest in the actions of the trustee. His or her performance in this role could directly affect your interest in the trust’s assets. Therefore, it may ... Read More

Identifying Reimbursable Expenses for a Personal Representative

12/31/2022
Assuming the role of personal representative for the estate of a family member or friend in Woodland Hills means making a huge commitment of both your time and effort. If you are not familiar with estate or probate law, you ... Read More

Can You Resign From Being A Trustee?

12/31/2022
Assuming the responsibility of acting as the trustee for a trust set up by a family member or friend in Woodland Hills is a huge undertaking, and certainly one that should not be taken without a good deal of thought ... Read More

Evaluating Transactions Made By A Trustee

12/31/2022
A number of different responsibilities accompany the role of trustee in Woodland Hills. One who assumes this role should do his or her due diligence is researching them all in order to avoid accusations of breaching his or her fiduciary ... Read More

How Do You Formally Accept the Role Of A Trustee?

12/31/2022
Taking on the role of being a trustee to an instrument or account created by a family member, friend or colleague in Woodland Hills, Los Angeles or another California city is a large responsibility, and certainly one that should not ... Read More

Why Choose Co-trustees?

12/31/2022
When sitting down to consider your estate planning options in Woodland Hills, you might want to keep the idea of managing your assets through a trust towards the front of your mind. This will hopefully ensure their wise management for ... Read More