Venice Estate Lawyer, California, page 2

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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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Terence S. Nunan

Estate Planning, International Tax, Trusts, Estate, Wills

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1901 Avenue of the Stars, Los Angeles, CA 90067

Neil Solarz

Estate Planning, Corporate, Contract, Business Organization

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1875 Century Park East, Los Angeles, CA 90067

Ann Michael

Litigation, Estate Administration, Estate Planning, Guardianships & Conservatorships

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1875 Century Park East, Los Angeles, CA 90067

Joel S. Seidel

Bankruptcy, Estate Planning, Family Law, Real Estate

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FREE CONSULTATION

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1925 Century Park East, Los Angeles, CA 90067

S. Jack Fenigstein

Corporate, Business Organization, Estate Planning, Mental Health

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1900 Avenue of the Stars, Los Angeles, CA 90067

Daniel Johnson Brown

Estate Planning, International Tax, Business, Trusts, Estate

Status: Licensed: 10 Years

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2610 1/2 Abbot Kinney Blvd, Venice, CA 90291

Douglas A Barish

Tax, Gift Taxation, International

Status: Licensed: 23 Years

CONTACT

Venice, CA 90295

Thomas Bernard Mccullough

Estate

Status: Licensed: 57 Years

CONTACT

Venice, CA 90291

Shelle Mannion

Other, Estate, Family Law

Status: Licensed: 23 Years

CONTACT

25 Quarterdeck Street, Venice, CA 90292

Will Jay Pirkey

Trusts

Status: Licensed: 47 Years

CONTACT

928 Amoroso Pl, Venice, CA 90291

800-814-6700

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LEGAL TERMS

FAMILY ALLOWANCE

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to ... (more...)

A certain amount of a deceased person's money to which immediate family members are entitled at the beginning of the probate process. The allowance is meant to help support the surviving spouse and children during the time it takes to probate the estate. The amount is determined by state law and varies greatly from state to state.

AB TRUST

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of... (more...)

A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust. When the first spouse dies, his or her half of the property goes to the beneficiaries named in the trust -- commonly, the grown children of the couple -- with the crucial condition that the surviving spouse has the right to use the property for life and is entitled to any income it generates. The surviving spouse may even be allowed to spend principal in certain circumstances. When the surviving spouse dies, the property passes to the trust beneficiaries. It is not considered part of the second spouse's estate for estate tax purposes. Using this kind of trust keeps the second spouse's taxable estate half the size it would be if the property were left directly to the spouse. This type of trust is also known as a bypass or credit shelter trust.

KINDRED

Under some state's probate codes, all relatives of a deceased person.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

TESTAMENTARY TRUST

A trust created by a will, effective only upon the death of the willmaker.

EXEMPTION TRUST

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth m... (more...)

A bypass trust funded with an amount no larger than the personal federal estate tax exemption in the year of death. If the trust grantor leaves property worth more than that amount, it usually goes to the surviving spouse. The trust property passes free from estate tax because of the personal exemption, and the rest is shielded from tax under the surviving spouse's marital deduction.

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.

GRANTOR

Someone who creates a trust. Also called a trustor or settlor.

DEVISEE

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

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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Venice Estate Lawyer, California, page 2

Sponsored Law Firm

Law Offices of Alice A. Salvo

SPONSORED LAWYERS

Terence S. Nunan

Neil Solarz

Ann Michael

Joel S. Seidel

S. Jack Fenigstein

Daniel Johnson Brown

Douglas A Barish

Thomas Bernard Mccullough

Shelle Mannion

Will Jay Pirkey

TIPS

LEGAL TERMS

FAMILY ALLOWANCE

AB TRUST

KINDRED

TRUSTEE POWERS

TESTAMENTARY TRUST

EXEMPTION TRUST

CONSERVATOR

GRANTOR

DEVISEE

SAMPLE LEGAL CASES

In re Estate of Young

Estate of Kievernagel

Estate of Bennett

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