When sitting down to consider your estate planning options in Woodland Hills, you might want to keep the idea of managing your assets through a trust towards the front of your mind. This will hopefully ensure their wise management for ... Read More
Assuming the role of trustee over a trust account in Woodland Hills may be an unenviable task. By doing so, one agrees to manage the trust assets of another for the benefit of designated beneficiaries. Of course, those beneficiaries may ... Read More
For many in Woodland Hills, CA or another California location, a persons greatest fear may be having to be placed under the care of another. Second to that may be the concern that if they do become incapable of caring ... Read More
When you assume the responsibilities of becoming the executor of someone’s California estate, one of your duties will be to pay the taxes owed by both the deceased person and the estate itself. This week we turn to the additional ... Read More
Trustees have a duty to remain impartial and to administer the trust in a way that is wholly beneficial to the trustee and its beneficiaries. If your California trustee breaches his or her duty in any way, you have the ... Read More
We represent numerous executors and estate administrators here at the Law Offices of Alice A. Salvo in California. Virtually all of them ask us questions about their duties and how to perform them. We therefore thought it would be helpful to answer ... Read More
The term “undue influence” refers to influence strong enough to abolish the free will of a person. Sadly, the undue influence over older and disabled persons is a growing problem in California and throughout the greater U.S., one that results ... Read More
When a settlor entrusts a trustee to manage assets for the benefit of designated beneficiaries in Woodland Hills, California or throughout the state, that person is placing a great deal of faith in the trustee’s abilities to accomplish his or ... Read More
If you have been asked to serve as a trustee of a trust account by a family member or friend in the San Fernando Valley, your first concern may be what sort of consequences you could face should you commit ... Read More
Naming a reliable trustee may be the most important decision that a person in Woodland Hills can make after deciding to establish a trust in the first place. That trustee will be endowed with power to oversee much of the ... Read More
