Toluca Lake Estate Lawyer, California

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Alice Salvo
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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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Mitchell A. Karasov

Estate Planning, Domestic Violence & Neglect, Elder Law, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

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5352 Laurel Canyon Boulevard, Valley Village, CA 91607

W. Todd Stevenson

Business Organization, Contract, Estate Planning, Landlord-Tenant

Status: In Good Standing

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14156 Magnolia Boulevard, Sherman Oaks, CA 91423

Henrik M. Mosesi

Bankruptcy, Criminal, Estate Planning, Family Law

Status: In Good Standing

FREE CONSULTATION

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360 East Olive Avenue, Burbank, CA 91502

Rebecca K. Carlson

Complex Litigation, Estate Administration, Contract, Business Organization

Status: In Good Standing

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14156 Magnolia Boulevard, Sherman Oaks, CA 91423

David Ostrove

Wills, Wills & Probate, Bad Faith Insurance, Professional Malpractice

Status: In Good Standing

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499 North Canon Drive, Beverly Hills, CA 90210

Adam Christopher Aparicio

Business Organization, Estate, Tax, Contract

Status: In Good Standing

FREE CONSULTATION

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5200 Lankershim, North Hollywood, CA 91601

Kenneth Edward Ostrove

Wills, Trusts

Status: In Good Standing Licensed: 41 Years

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5650 Saint Clair Ave, North Hollywood, CA 91607

David Joseph Elbaz

Tax, Entertainment, Gift Taxation

Status: In Good Standing Licensed: 26 Years

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12124 Viewcrest Rd, North Hollywood, CA 91604

Patrick Blanchard Crawford

Gift Taxation

Status: Suspended

CONTACT

3500 W Olive Ave, Burbank, CA 91505

Sara J Lee

Trusts

Status: In Good Standing Licensed: 15 Years

CONTACT

2600 W Olive Ave, Burbank, CA 91505

800-923-0641

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LEGAL TERMS

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

SPENDTHRIFT TRUST

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the benefi... (more...)

A trust created for a beneficiary the grantor considers irresponsible about money. The trustee keeps control of the trust income, doling out money to the beneficiary as needed, and sometimes paying third parties (creditors, for example) on the beneficiary's behalf, bypassing the beneficiary completely. Spendthrift trusts typically contain a provision prohibiting creditors from seizing the trust fund to satisfy the beneficiary's debts. These trusts are legal in most states, even though creditors hate them.

INVENTORY

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or admini... (more...)

A complete listing of all property owned by a deceased person at the time of death. The inventory is filed with the court during probate. The executor or administrator of the estate is responsible for making and filing the inventory.

MINERAL RIGHTS

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral right... (more...)

An ownership interest in the minerals contained in a particular parcel of land, with or without ownership of the surface of the land. The owner of mineral rights is usually entitled to either take the minerals from the land himself or receive a royalty from the party that actually extracts the minerals.

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.

SPRINKLING TRUST

A trust that gives the person managing it (the trustee) the discretion to disburse its funds among the beneficiaries in any way he or she sees fit.

SPECIAL ADMINISTRATOR

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a spe... (more...)

(1) In the law of wills and estates, a person appointed by the court to take charge of only a designated portion of an estate during probate. For example, a special administrator with particular expertise on art might be appointed to oversee the probate of a wealthy person's art collection, but not the entire estate. (2) A person appointed to be responsible for a deceased person's property for a limited time or during an emergency, such as a challenge to the will or to the qualifications of the named executor. In such cases, the special administrator's duty is to maintain and preserve the estate, not necessarily to take control of the probate process

DEVISEE

A person or entity who inherits real estate under the terms of a will.

DEED OF TRUST

See trust deed.

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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Toluca Lake Estate Lawyer, California

Sponsored Law Firm

Law Offices of Alice A. Salvo

SPONSORED LAWYERS

Mitchell A. Karasov

W. Todd Stevenson

Henrik M. Mosesi

Rebecca K. Carlson

David Ostrove

Adam Christopher Aparicio

Kenneth Edward Ostrove

David Joseph Elbaz

Patrick Blanchard Crawford

Sara J Lee

TIPS

LEGAL TERMS

ESTATE TAXES

SPENDTHRIFT TRUST

INVENTORY

MINERAL RIGHTS

SPECIFIC BEQUEST

SPRINKLING TRUST

SPECIAL ADMINISTRATOR

DEVISEE

DEED OF TRUST

SAMPLE LEGAL CASES

In re Estate of Young

Estate of Kievernagel

Estate of Bennett

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