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Consider Carefully Before Accepting Appointment as Executor or Trustee

12/31/2022
Most people like to feel important and receive some kind of recognition of their importance from family, at some level. Within families, there are various ways this recognition cane come: a request to be a best man or maid of ... Read More

Parents Increasingly Making Children Wait Longer For Inheritance

12/31/2022
According to estate planning attorneys across the country, more and more parents are opting to make their heirs wait until they are older before they are able to collect their inheritances. Whereas it used to be common practice to make ... Read More

Decision To Serve As Executor Should Not Be Automatic

12/31/2022
Being asked to act as the executor of an estate is an honor for many people, as it signals that the individual asking them considers them trustworthy and competent enough to see to the winding down of their estate. However, ... Read More

Preventing Will Contests In California

12/31/2022
The vast majority of wills in California are presented to the probate court and their instructions are carried out without any problems. However, on rare occasions the validity of a will may be contested. Most successful challenges to a will ... Read More

Ernie Banks’ Children, Caregiver Battle Over His Estate

12/31/2022
California baseball fans may have heard that the will of Chicago Cubs baseball great Ernie Banks is the subject of a tumultuous fight in Illinois. Banks, affectionately known as Mr. Cub, died of a heart condition on Jan. 23 at ... Read More

Do You Want to Risk A Court Appointed Conservatorship?

12/31/2022
When an individual becomes unable to make necessary life decisions on his or her own, that person likely needs someone in a position to make those decisions for him or her. Of course, you would likely want to have someone ... Read More

Estate Of Ernie Banks Being Contested Between Wife And Friend

12/31/2022
The task of administering one’s estate can often be a source of confusion and consternation among Woodland Hills residents. In the event that one is not abundantly clear regarding the assets that comprise his or her estate, disputes will often ... Read More

Guiding Executors Through The Probate Process

12/31/2022
When a loved one passes away, moving forward can be incredibly difficult. In addition to all of the emotional pain that often comes with the loss of a loved one, those who have been named executor of an estate may ... Read More

Detailing Your Fiduciary Duties As A Trustee

12/31/2022
Often, at the Law Offices of Alice A. Salvo we are asked by Woodland Hills residents to explain what is expected of them as a trustee. If you have been named as such by a family member or friend, it ... Read More

How Can You Determine The Fair Market Value Of Estate Assets?

12/31/2022
If you have been asked to serve as the executor of an estate assets in Woodland Hills, CA, Los Angeles CA or for that matter any California city a potentially daunting task lies before you. That is determining the fair ... Read More