Valyermo Wills & Probate Lawyer, California, page 4

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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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Includes: Estate Administration, Living Wills, Wills

Christopher A. Poulos

Wills, Trusts, Estate Planning, Estate Planning

Status: In Good Standing Licensed: 37 Years

CONTACT

101 N Orange Ave, West Covina, CA 91790

Sharon Stuart Mcree

Industry Specialties, Wills, Trusts, Estate

Status: In Good Standing Licensed: 48 Years

CONTACT

99 S Lake Ave, La Canada Flintridge, CA 91101

Galen Frank Griepp

International, Wills, Trusts, Gift Taxation

Status: In Good Standing Licensed: 53 Years

CONTACT

99 S Lake Ave, La Canada Flintridge, CA 91101

Georgina Lepe

Estate Planning, Commercial Real Estate, Trusts, Estate, Wills

Status: In Good Standing Licensed: 14 Years

CONTACT

100 W Foothill Blvd, Claremont, CA 91711

Jason D. Annigian

Construction, Wills & Probate, Family Law, Franchising

Status: In Good Standing Licensed: 24 Years

CONTACT

333 N Indian Hill Blvd, Claremont, CA 91711

Stephen Joseph Liosi

Child Custody, Divorce, Family Law, Wills & Probate

Status: In Good Standing Licensed: 30 Years

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Pasadena, CA 91102

Karen Mateer

Estate, Trusts, Wills & Probate

Status: In Good Standing Licensed: 26 Years

CONTACT

618 S Lake Ave, Pasadena, CA 91106

Kristen Elyse Schwarz

Other, Wills, Trusts, Elder Law

Status: In Good Standing Licensed: 12 Years

CONTACT

200 S Los Robles Ave, Pasadena, CA 91101

Debra L Graynom-Daly

Litigation, Wills, Trusts, Estate

Status: In Good Standing Licensed: 28 Years

CONTACT

2600 Mission St, San Marino, CA 91108

Christopher Edward Overgaard

Wills, Trusts, Elder Law

Status: In Good Standing Licensed: 40 Years

CONTACT

1281 Journeys End Dr, La Canada Flintridge, CA 91011

800-923-0641

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LEGAL TERMS

EXECUTOR

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's... (more...)

The person named in a will to handle the property of someone who has died. The executor collects the property, pays debts and taxes, and then distributes what's left, as specified in the will. The executor also handles any probate court proceedings and notifies people and organizations of the death. Also called personal representatives.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

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.

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.

CONSERVATOR

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of th... (more...)

Someone appointed by a judge to oversee the affairs of an incapacitated person. A conservator who manages financial affairs is often called a 'conservator of the estate.' One who takes care of personal matters, such as healthcare and living arrangements, is known as a 'conservator of the person.' Sometimes, one conservator is appointed to handle all these tasks. Depending on where you live, a conservator may also be called a guardian, committee or curator.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

PREDECEASED SPOUSE

In the law of wills, a spouse who dies before the will maker while still married to him or her.

AUGMENTED ESTATE

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used on... (more...)

In general terms, an augmented estate consists of property owned by both a deceased person and his or her spouse. The concept of the augmented estate is used only in some states. Its value is calculated only if a surviving spouse declines whatever he or she was left by will and instead claims a share of the deceased spouse's estate. (This is called taking against the will.) The amount of this 'statutory share' or 'elective share' depends on state law.

SAMPLE LEGAL CASES

Guardianship of Ann S.

... 1118 OPINION. CORRIGAN, J.â€”. In 2003 the Legislature enacted Probate Code section 1516.5, making it easier for children in probate guardianships to be adopted by their guardians. (Stats. 2003, ch. ... We granted review. II. DISCUSSION. A. Probate Guardianship. ...

Schwartz v. Labow

... In August 2003, the probate court appointed Lionel B. Sanders, certified public accountant, conservator of Sylvia's and Louis's estates in the related conservatorships. ... DISCUSSION. 1. The probate court had jurisdiction in November 2005 to suspend appellant trustee's powers. ...

Estate of Bennett

... (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 settlement agreement and an assignment of their interests in the estate of Jack Harry Bennett (decedent). ...

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Valyermo Wills & Probate Lawyer, California, page 4

Sponsored Law Firm

Law Offices of Alice A. Salvo

SPONSORED LAWYERS

Christopher A. Poulos

Sharon Stuart Mcree

Galen Frank Griepp

Georgina Lepe

Jason D. Annigian

Stephen Joseph Liosi

Karen Mateer

Kristen Elyse Schwarz

Debra L Graynom-Daly

Christopher Edward Overgaard

TIPS

LEGAL TERMS

EXECUTOR

SUCCESSOR TRUSTEE

BYPASS TRUST

ESTATE TAXES

CONSERVATOR

GENERATION-SKIPPING TRUST

SUCCESSION

PREDECEASED SPOUSE

AUGMENTED ESTATE

SAMPLE LEGAL CASES

Guardianship of Ann S.

Schwartz v. Labow

Estate of Bennett

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