Many believe estate planning only applies to the elderly, but it’s never too early to start to plan for the future. Estate planning is valuable for anyone who owns property or has specific desires for their belongings – large or small. If you care about what happens to your loved ones after you’re gone, you may benefit from the help of an experienced Topanga Canyon estate planning attorney.
Attorneys on the team are members of the California State Bar led by attorney Alice A. Salvo. Salvo has over 25 years of experience practicing law. She is qualified as a “Certified Specialist” in Estate Planning, Trust, and Probate Law.
Our law office handles estate planning for clients in the region of Topanga Canyon, Woodland Hills, Malibu, and the surrounding Southern California communities.
Do you have a will? If not, you’re leaving it up to the courts to decide who inherits your assets. A will makes your wishes known and spares your family from arguments over your estate.
We can also advise you on creating a revocable or irrevocable trust. Trusts offer strong protection for your assets and let you control what happens to your estate after death. Assets held in a trust do not need to go through probate. For those loved ones who will inherit, a trust provides a much simpler process to bestow the properties and accounts that comprise your estate.
If you have a special needs child, who will care for them and manage the assets they inherit after you’re gone? Our law firm can help you answer questions like these.
We can prepare a letter of intent that allows you to share instructions with future caregivers. Your letter could include information about the child’s routine, medical details, and care providers.
A Topanga Canyon estate planning attorney can also help you plan to ensure your child continues to qualify for government benefits, such as Social Security Disability Insurance (SSDI) or Medi-Cal.
Unless your loved one puts their assets in a trust before passing, some or all of their estate must go through probate. The probate process can be stressful and confusing, which is the last thing you want to deal with when grieving.
Our attorneys can help you navigate the probate process and will serve as an invaluable source of guidance during this difficult time.
Are you worried your elderly parents can no longer manage their finances? For instance, perhaps they spend their money frivolously and can’t afford their bills. In such a case, you may want to establish a conservatorship to give you the legal right to manage their finances.
Nobody wants to think about what will happen to their children after they pass away. However, if you don’t set up a guardianship, you have no control over who cares for your child when you’re gone. Our firm can help you name a guardian for your minor children.
Medi-Cal pays for nursing home care, but you must meet eligibility requirements first. Many seniors assume this means they must “spend down” all their assets to qualify.
However, it is possible to protect your assets and still qualify for Medi-Cal. We can help you safeguard your assets and determine whether you’re eligible. If Medi-Cal has denied you, we can also assist with appeals.
Don’t put off estate planning until it’s too late. At the Law Offices of Alice A. Salvo, we can help you create a will or trust, apply for conservatorship, name a guardian for your child, and protect your assets with Medi-Cal planning.
For a consultation with a Topanga Canyon estate planning attorney at the Law Offices of Alice A. Salvo, call (818) 676-9572.