Loans to
Trusts and Estates
Location: Pacific Grove, CA
Funded: $1,536,000
Private Loan Type: Trust Loan
Deal Highlights:
Deal Summary:
One property was held in an irrevocable trust with two beneficiaries. The trust had no other assets, so the trust attorney advised their clients to contact our firm to provide a trust loan to complete the non pro-rata equalization and distribution of assets. Once the value of the property was agreed upon, we stepped in to provide the loan. The cash and property were then distributed, and the attorney filed the PCOR and BOE-58 forms with the county for the parent/child exclusion from reassessment under Proposition 58.
Deal Details:
More Deals by HCS Equity
HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.
Trust Equalization
$391K trust loan in North Hills used for trust equalization, allowing one sibling to keep the family home and preserve its low tax base under Prop 19.
Reverse Mortgage Payoff
$125K loan in Winter, CA paid off a reverse mortgage, preventing foreclosure and giving heirs time to prepare and sell their late father’s home.
Sibling Buyout – Probate
HCS Equity funded a $669K probate loan in San Jose, enabling a sibling buyout and preserving property tax benefits under Prop 19.
