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Making a Pet Trust Part of Your Estate Plan

Having a furry friend really does make a difference in your life. You don’t need studies or statistics to tell you that you feel calmer, your heart beats slower and your blood pressure evens out when you are sitting on ... Read More
Is Your Living Trust In Order

Is Your Living Trust In Order?

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

Do You Need A Living Trust?

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

Involvement Of Various Parties In A Living Trust

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

Estates With Charitable Trusts Must Satisfy IRS Rules

The IRS maintains specific definitions concerning what constitutes a valid trust that can be included in a Californian estate. Although many people want to donate assets to charitable causes, the estate devices they employ to do so don’t necessarily benefit ... Read More

Avoiding Common Pitfalls When Setting Up A Trust

California residents may be unaware about the most common mistakes people make when planning an estate trust. While it may be difficult to think about, not taking precautions when arranging a trust can cause major dilemmas in the future. For ... Read More

Detailing Split-interest Trusts

Those in Woodland Hills, CA and all other California cities, who have assets they would like to be managed for the benefit of others may find a trust to be an effective tool at doing so. The same may be ... Read More

Determining The Legal Viability Of Oral Trusts

The basic premise of a trust is fairly straightforward: A person (the settlor) asks another (the trustee) to retain and manage an asset for the benefit of yet another (a beneficiary). Given the simplicity of that explanation, one might think ... Read More

Understanding The Limitations To Spendthrift Trusts

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 the Law Offices of Alice A. Salvo concerned ... Read More

What Trust Should You Establish?

Californian residents may set up trusts for a number of reasons. Different people can be the beneficiaries and trustees, as well. The Law Offices of Alice A. Salvo can help you create a trust, starting by explaining the various types. ... Read More