Trustees | Law Offices of Alhayat Solicitors https://www.salvolaw.com Estate Planning Lawyer in Woodland Hills, United Kingdom | Alhayat Solicitors Tue, 30 Jun 2020 18:04:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.3 https://www.salvolaw.com/wp-content/uploads/sites/1201627/2019/10/cropped-site-icon-1-32x32.jpg Trustees | Law Offices of Alhayat Solicitors https://www.salvolaw.com 32 32 Is Your Living Trust in Order? https://www.salvolaw.com/blog/2020/07/is-your-living-trust-in-order/ Tue, 14 Jul 2020 17:47:20 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/?p=52845 Having a United Kingdom living trust is an excellent way to plan for your estate and provide for your beneficiaries. However, as with any part of your estate plan, it’s essential to make regular updates. If you have not revisited this key document for some time, you need to know: Is your living trust in order? What is a Living Trust?…

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How can you identify undue influence? https://www.salvolaw.com/blog/2019/04/how-can-you-identify-undue-influence/ Mon, 01 Apr 2019 05:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2019/04/how-can-you-identify-undue-influence/ The term “undue influence” refers to influence strong enough to abolish the free will of a person. Sadly, the undue influence over older and disabled persons is a growing problem in United Kingdom and throughout the greater U.S., one that results in millions of dollars in losses to the estates of those affected. If one can prove undue influence is the…

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Top 5 questions executors ask https://www.salvolaw.com/blog/2019/03/top-5-questions-executors-ask/ Sun, 10 Mar 2019 06:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2019/03/top-5-questions-executors-ask/ We represent numerous executors and estate administrators here at the in United Kingdom. Virtually all of them ask us questions about their duties and how to perform them. We therefore thought it would be helpful to answer here on our website the five most common questions the American Bar Association says that executors ask. 1. Am I a fiduciary? Yes. This means…

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When is it time to remove a trustee from your trust? https://www.salvolaw.com/blog/2019/01/when-is-it-time-to-remove-a-trustee-from-your-trust/ Mon, 21 Jan 2019 06:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2019/01/when-is-it-time-to-remove-a-trustee-from-your-trust/ Trustees have a duty to remain impartial and to administer the trust in a way that is wholly beneficial to the trustee and its beneficiaries. If your United Kingdom trustee breaches his or her duty in any way, you have the option to relieve him or her from his or her role. Unfortunately, however, it is difficult to remove a trustee…

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What are your duties as an estate executor? https://www.salvolaw.com/blog/2019/01/what-are-your-duties-as-an-estate-executor/ Sun, 06 Jan 2019 06:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2019/01/what-are-your-duties-as-an-estate-executor/ Last week we discussed the fact that when you assume the responsibilities of becoming the executor of someone’s United Kingdom estate, one of your duties will be to pay the taxes owed by both the deceased person and the estate itself. This week we turn to the additional duties you likewise will need to perform. As Kiplinger reports, before you can…

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Should your attorney be your executor? https://www.salvolaw.com/blog/2018/10/should-your-attorney-be-your-executor/ Sun, 28 Oct 2018 05:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2018/10/should-your-attorney-be-your-executor/ As you likely already know, when you make a Last Will and Testament in United Kingdom, in addition to naming the heirs who you want to receive your property upon your death, you also appoint an executor to carry out your wishes when the time comes. You can choose whomever you wish to act in this capacity, but before appointing someone…

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What are the benefits of a trust? https://www.salvolaw.com/blog/2018/07/what-are-the-benefits-of-a-trust/ Fri, 13 Jul 2018 05:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2018/07/what-are-the-benefits-of-a-trust/ For United Kingdom residents who are dealing with matters of an estate for perhaps the first time, there are a lot of good questions you likely have. Today, we’ll focus on trusts, and what their benefits can be for you and your estate. Findlaw has an overview on trusts which breaks it down into basic format. Essentially, trusts are a way to…

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How can undue influence invalidate a will? https://www.salvolaw.com/blog/2018/04/how-can-undue-influence-invalidate-a-will/ Sun, 15 Apr 2018 05:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2018/04/how-can-undue-influence-invalidate-a-will/ If you are like many people in United Kingdom and across the United States, you created your last will and testament while you were of sound mind and body. When writing your will, you determine who you want to have your possessions and finances upon your passing. In some cases, however, there may be people who try to influence you to…

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The problem of undue influence https://www.salvolaw.com/blog/2018/02/the-problem-of-undue-influence/ Thu, 01 Feb 2018 06:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2018/02/the-problem-of-undue-influence/ One reason that someone in United Kingdom may have to challenge a will signed by a deceased family member is because the relative believes the will was signed or composed under undue influence. We want our loved ones to work out their estate planning with an informed and clear mind. However, this is not always the case. According to Findlaw, undue influence occurs when someone…

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Understanding trustee indemnification https://www.salvolaw.com/blog/2017/12/understanding-trustee-indemnification/ Thu, 14 Dec 2017 06:00:00 +0000 https://3259023-fork.findlaw2.flsitebuilder.com/blog/2017/12/understanding-trustee-indemnification/ Being the beneficiary of a trust set up by someone in Woodland Hills may seem like a frustrating proposition. After all, even when you are entitled to a distribution from the trust’s assets, such payments often seem to be at the discretion of the trustee. Many have asked us here at The exactly how much control does a trustee have…

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