Loans to
Trusts and Estates
Location: Woodland Hills, CA
Funded: $613,000
Private Loan Type: Trust Loan
Deal Highlights:
Deal Summary:
Two beneficiaries, which also happened to be co-trustees, were tasked with administering their late parents’ trust. One of which wanted to keep the family’s duplex while the other wanted their share of the estate in cash. Unfortunately, the trust’s only remaining asset was the duplex. This is where their attorney referred them to us to provide a loan directly to the trust to facilitate the non pro-rata equalization and distribution of trust assets per the wishes outlined in trust.
Deal Details:
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HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.
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