How to Manage Your Probate Estate
Since many probate estates have limited liquidity, they’re often difficult to manage.
What You Need To Know About Reverse Mortgage Payoffs
Over the last few decades, many homeowners thought that applying for a reverse mortgage was something to be done only in the most dire and desperate of times.
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.
