Probate Loans

A version of this article was first published by Jon Coupal on the Apartment Owners Association of California Inc’s blog.

Since many probate estates have limited liquidity, they’re often difficult to manage.

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 ..

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.

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.

Managing probate estates can be problematic for many reasons, many of which are caused by lack of liquidity in the estate.

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.

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.

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.

Managing probate estates is not easy. When you are grieving after losing a loved one, the last thing you want to deal with is a complicated legal and financial process.