Category Archives: Trust

TL;DR: A trust is a legal tool to manage and distribute assets. It helps avoid probate, protect privacy, and control inheritance. Key parties: settlor, trustee, and beneficiaries. Types include living and testamentary trusts. Setting up a trust in California requires ... Read More

A trust can help you manage your assets and give you peace of mind. But which type of trust is right for you? To help answer this question, here is an overview of the main types of trusts we have ... Read More

As you plan for your family’s future, you may have come across two kinds of estate planning documents: living trusts and wills. Certainly, wills have been around a long time and are well known by many people. But living trusts ... Read More

As a young parent, you’re busy helping your children with homework, cooking dinner on weeknights, and planning fun weekend activities for the whole family. Estate planning may not be a top priority for you right now. However, you should consider ... Read More

You’ve likely heard the estate planning term “trust” before, but did you know that different types of trusts offer varying advantages for elderly individuals? At the Law Offices of Alice A. Salvo, you can gain information and assistance with how ... Read More

Preparing for the future is particularly important when you care for a loved one with special needs. Their future care after you pass away or are no longer able to personally meet their needs requires careful forethought and advance planning. ... Read More

Tax laws can change quickly, so you need an effective estate plan in place to help you protect your assets and secure your future. One such estate planning tool is the Spousal Lifetime Access Trust, or SLAT. How can you ... Read More

Having a California living trust is an excellent way to plan for your estate and provide for your beneficiaries. However, as with any part of your estate plan, it’s essential to make regular updates. If you have not revisited this ... Read More

The phrase “estate planning” conjures up images of old guys in smoking jackets and their trophy wives figuring out who will get to inherit their palatial mansion when they die. But, if you’ve been paying attention, you should already know ... Read More

Because the probate process in California can be drawn out and difficult, many residents may consider living trusts as an alternative to a will. However, it is important to understand the difference between a revocable and an irrevocable trust due to the ... Read More