On behalf of Law Offices of Alice A. Salvo | Aug 6, 2020 | Trust Administration
When you think of estate planning, your will, and terms like medical guardianship, and Medi-Cal probably come to mind. However, having a trust is also an essential part of planning for the future. Here is why you should consider having a trust as part of your...
On behalf of Law Offices of Alice A. Salvo | Jul 24, 2020 | Trust Administration
In California, the Probate Code has different types of trusts that have varying rules and purposes. Some trusts allow the beneficiaries to have a great deal of flexibility in how they use disbursements, while others are limited. In many cases, a trust’s primary...
On behalf of Law Offices of Alice A. Salvo | Dec 30, 2019 | Trust Administration
For many of us, our pets are more than just animal companions; they are a member of the family. Whether it’s a traditional pet such as a dog, cat, or hamster, or something more unusual like a potbelly pig, horse, or parrot, the bond an owner shares with their...
On behalf of Law Offices of Alice A. Salvo | Aug 5, 2019 | Trust Administration
If you are the parent or caregiver of a person with special needs in California, you may feel the pressing responsibility of organizing a plan for the care and support of your loved one in the event something happens to you. Because your family member is a dependent...
On behalf of Law Offices of Alice A. Salvo | Jun 10, 2019 | Trust Administration
When you set up an irrevocable trust, it is usually with the intent never to change any of the terms. By creating your trust this way, you can recoup certain benefits and be sure that the conditions are fixed. But what can you do if you or the beneficiaries experience...
On behalf of Law Offices of Alice A. Salvo | Mar 15, 2019 | Trust Administration
Californian residents may set up trusts for a number of reasons. Different people can be the beneficiaries and trustees, as well. We at the Law Offices of Alice A. Salvo can help you while you create a trust, starting by explaining the various types.One of the less...
On behalf of Law Offices of Alice A. Salvo | Dec 24, 2018 | Trust Administration
Like many other California residents, you understand that it is important to have your estate planning in order for the benefit of your loved ones. However, what about taking charge of your own medical and financial needs if you become disabled? If you are unable to...
On behalf of Law Offices of Alice A. Salvo | Dec 22, 2017 | Trust Administration
Serving as the trustee of a trust created by a client, associate or someone close to you in Woodland Hills can be an arduous task. Initially, you may have no problem taking it on out of your sense of loyalty to the trust’s settlor. Yet eventually you may get to...
On behalf of Law Offices of Alice A. Salvo | Oct 27, 2017 | Trust Administration
As you get deeper into your estate planning, the issue of how you can preserve your assets for the benefit of your beneficiaries in Woodland Hills will inevitably come up. Many come to us here at The Law Offices of Alice A. Salvo concerned that their beneficiaries...
On behalf of Law Offices of Alice A. Salvo | Sep 15, 2017 | Trust Administration
Being party to a trust in Woodland Hills can be a nerve-wracking proposition given that your interest in it are wholly impacted by the actions of another. While you of course want to trust that the settlor of the trust chose a trustee that he or she believed and had...
