When we ask many of the Woodland Hills clients who come to us here at The what the primary purpose of estate planning is, a common response may be to avoid losing any of estate’s value. For most, that means simply avoiding probate....
Law Offices of Alhayat Solicitors
Lawsuit aims to stop McDonald’s from using late artist’s works
For those in Woodland Hills who have been asked to serve as the executor or personal representative of a family member or friend’s estate, their responsibilities may go beyond simply ensuring that the estate is processed and dispersed correctly. If the assets...
Mistakes to avoid when planning your estate
While the recent media attention has focused on the estates of the most-wealthy CEOs and celebrities, in reality, estate planning is for almost everyone. For people who have a house, a car, or even simply a bank account, an estate plan is essential to the financial...
Understanding the difference between principal and income
When researching the topics of trusts and trust administration, Woodland Hills residents may likely hear the terms "principal" and "income" thrown around quite a bit. Understanding what each of these words mean in relation to a trust as well as the differences between...
Tax dispute over Tom Clancy’s estate settled by court
For those in Woodland Hills who have considerable assets to pass on to beneficiaries, one concern that they may want to address is estate taxes. In many cases, tax considerations are often overlooked in estate planning because one’s estate must reach several...
When is a trustee in breach of trust?
If you are the beneficiary of a trust being administered in Woodland Hills, you may at times feel as though you are at the mercy of the trustee. After all, that person or party has been given authority to oversee the trusts' assets. However, his or her role should not...
Three things to help you think about estate planning
Many people put off estate planning for as long as possible, but the unintended consequences of this frequently have negative outcomes. ideally, the estate planning process should begin at a relatively young age, particularly if you have children, substantial assets...
Exotic car collection being returned to Paul Walker’s estate
Many in Woodland Hills may assume that the estate administration process is a brief, fleeting matter that those to whom it may concern will only have to deal with for a short time. While that may be the case in certain situations, other cases may continue on for years...
Martin Luther King’s Bible, Nobel Prize at center of dispute
When many in Woodland Hills hear stories about estate disputes, they may immediately assume that the discord is simply related to money. While it may seem that most estate administration issues arise from monetary causes, one should remember that cash may not be the...
Understanding the process of appointing an estate administrator
Woodland Hills residents are strongly recommended to engage in estate planning early in their adult lives so as to avoid issues with the management of their affairs once they are gone. Nevertheless, we here at The can attest to the fact...