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Alice Salvo
F.A.Q. | Contact Us
Law Offices of Alice A. Salvo
20350 Ventura Blvd, Suite 110 Woodland Hills, CA 91364 » view map
Los Angeles County Estate Planning Lawyer
A Distinguished and Devoted Legal Practice

Our founding attorney, Alice A. Salvo, has a long list of accomplishments and is highly recognized among the legal and local community for her dedication to estate planning.

800-750-0071
1. Alice Salvo Woodland Hills, CA
  Attorney At Law - CA, 1982
  Southwestern SOL, J.D. - 1980
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Jason L. Weisberg

Construction, Trusts, Employee Rights, Insurance

Status: In Good Standing

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7525 Topanga Canyon Blvd, Canoga Park, CA 91303

Alan Varner

Wills & Probate, Employment, Business, Legal Malpractice

Status: In Good Standing

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15910 Ventura Blvd, Encino, CA 91436

Heather Patrice Glick

Commercial Real Estate, Trusts, Gift Taxation, Corporate

Status: In Good Standing Licensed: 15 Years

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15303 Ventura Blvd, Encino, CA 91403

Neal Naro Chilingirian

Trusts, Elder Law, Corporate, Contract

Status: In Good Standing Licensed: 26 Years

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15260 Ventura Blvd, Encino, CA 91403

Lloyd Stewart Mann

Litigation, Trusts, Corporate, Credit & Debt

Status: In Good Standing

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15233 Ventura Blvd, Encino, CA 91403

Patrick K. Huang

Construction, Mediation, Wills & Probate, Transactions

Status: Inactive

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16633 Ventura Blvd, Encino, CA 91436

Michael Hackman

Estate Planning, International Tax, Business, Trusts, Wills

Status: In Good Standing

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16633 Ventura Blvd, Encino, CA 91436

Joel Martin Simon

Litigation, Trusts, Elder Law, Corporate

Status: In Good Standing Licensed: 46 Years

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15760 Ventura Blvd, Encino, CA 91436

Darrell C. Harriman

Estate, Divorce & Family Law, Business, Accident & Injury

Status: In Good Standing Licensed: 45 Years

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9018 Balboa Blvd, Northridge, CA 91325

Mark J. Phillips

Tax, Wills & Probate, Trusts, Estate Planning

Status: In Good Standing Licensed: 45 Years

CONTACT

16633 Ventura Blvd, Encino, CA 91436

800-923-0641

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LEGAL TERMS

LIVING TRUST

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the t... (more...)

A trust you can set up during your life. Living trusts are an excellent way to avoid the cost and hassle of probate because the property you transfer into the trust during your life passes directly to the trust beneficiaries after you die, without court involvement. The successor trustee--the person you appoint to handle the trust after your death--simply transfers ownership to the beneficiaries you named in the trust. Living trusts are also called 'inter vivos trusts.'

FUNDING A TRUST

Transferring ownership of property to a trust.

BENEFICIARY

A person or organization legally entitled to receive benefits through a legal device, such as a will, trust or life insurance policy.

SPECIFIC BEQUEST

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequ... (more...)

A specific item of property that is left to a named beneficiary under a will. If the person who made the will no longer owns the property when he dies, the bequest fails. In other words, the beneficiary cannot substitute a similar item in the estate. Example: If John leaves his 1954 Mercedes to Patti, and when John dies the 1954 Mercedes is long gone, Patti doesn't receive John's current car or the cash equivalent of the Mercedes. See ademption.

INHERIT

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will... (more...)

To receive property from someone who has died. Traditionally, the word 'inherit' applied only when one received property from a relative who died without a will. Currently, however, the word is used whenever someone receives property from the estate of a deceased person.

ABSTRACT OF TRUST

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract... (more...)

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a 'certification of trust.'

ADEMPTION

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she di... (more...)

The failure of a bequest of property in a will. The gift fails (is 'adeemed') because the person who made the will no longer owns the property when he or she dies. Often this happens because the property has been sold, destroyed or given away to someone other than the beneficiary named in the will. A bequest may also be adeemed when the will maker, while still living, gives the property to the intended beneficiary (called 'ademption by satisfaction'). When a bequest is adeemed, the beneficiary named in the will is out of luck; he or she doesn't get cash or a different item of property to replace the one that was described in the will. For example, Mark writes in his will, 'I leave to Rob the family vehicle,' but then trades in his car in for a jet ski. When Mark dies, Rob will receive nothing. Frustrated beneficiaries may challenge an ademption in court, especially if the property was not clearly identified in the first place.

BYPASS TRUST

A trust designed to lessen a family's overall estate tax liability. An AB trust is the most popular kind of bypass trust.

PETITION

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elde... (more...)

A formal written request made to a court, asking for an order or ruling on a particular matter. For example, if you want to be appointed conservator for an elderly relative, you must file a petition with a court. See also complaint.

SAMPLE LEGAL CASES

In re Estate of Young

Stephen Parker, as administrator of the estate of Irma E. Young, deceased (the Estate), filed this petition under Probate Code section 850, subdivision (a), [1] to request an order and judgment establishing the Estate's ownership of certain real property and personal property held by ...

Estate of Kievernagel

In this case we must decide whether a widow has the right to use her late husband's frozen sperm to attempt to conceive a child where her late husband signed an agreement with the company storing the frozen sperm providing that the frozen sperm was to be discarded upon his ...

Estate of Bennett

Claimants Smith Heavy Industrial Transit Corporation and Advanced Development Holdings, Inc. (collectively Smith), appeal from a probate court order granting the motion of petitioners Lu Ella Bennett, Jack H. Bennett, Jr., and Louise Comer to set aside and rescind a ...

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Tarzana Estate Lawyer, California, page 7

Sponsored Law Firm

Law Offices of Alice A. Salvo

SPONSORED LAWYERS

Jason L. Weisberg

Alan Varner

Heather Patrice Glick

Neal Naro Chilingirian

Lloyd Stewart Mann

Patrick K. Huang

Michael Hackman

Joel Martin Simon

Darrell C. Harriman

Mark J. Phillips

TIPS

LEGAL TERMS

LIVING TRUST

FUNDING A TRUST

BENEFICIARY

SPECIFIC BEQUEST

INHERIT

ABSTRACT OF TRUST

ADEMPTION

BYPASS TRUST

PETITION

SAMPLE LEGAL CASES

In re Estate of Young

Estate of Kievernagel

Estate of Bennett

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