Proposition 19 and its Impact on Property Tax Reassessment
Proposition 19 (also known as ACA 11), which will go to a vote on November 3, calls for the repeal of Prop. 58 and Prop. 193, leading ..
The Benefits of Proposition 58 for Parent-Child Transfers
In 1986, California voters approved a constitutional amendment under Proposition 58, allowing the exclusion of property tax reassessments when parents transfer property to their children.
Can an Irrevocable Trust Take Out a Loan in California?
The general concept of a trust is relatively simple – a formal arrangement where a party (trustor) assigns control of their property or assets to a second-party (trustee) on behalf of a third-party (beneficiary).
Reverse Mortgage Payoff. How Does It Work?
Before getting into the details on reverse mortgage payoffs and how they work, it can be helpful to understand what a reverse mortgage is and why a loved one might get one.
Most Common Reasons Beneficiaries or Heirs Borrow Money
When a parent dies and leaves his or her estate to children and other heirs, the estate assets must be equalized before any money or property can be distributed.
How to Solve Probate Issues with Private Lending
Managing probate estates can be problematic for many reasons, many of which are caused by lack of liquidity in the estate.
Leveraging Private Loans to Preserve Inherited Real Property
Trustees, executors, private fiduciaries, and estate and trust attorneys routinely encounter common problems when administering cash-poor trusts or probate estates after someone passes away.
6 Steps in the Lending Process of a Private Loan
If you are in need of a private loan, it’s helpful to understand the process to put your mind at ease. It’s not as scary or as involved as people may assume.
Pitfalls of the California Revocable Transfer on Death Deed
Clients planning their estates often want to keep matters as simple and straightforward as possible—both for themselves and for their heirs after they pass away.
