Blog Posts in February, 2012
Posted on Feb 29, 2012 By Los Angeles Estate Planning Attorney
With all the recent financial upheaval in the real estate markets, you may have been thinking about the possibility of refinancing some of your loans. However, be aware of the obstacles you may ...
Continue reading "Refinancing Loans On Property Held In Trust" »
Posted on Feb 28, 2012 By Los Angeles Estate Planning Attorney
Another factor you will need to take into consideration when transferring real property to your living trust, is whether or not there is a due-on-sale clause that is written into your mortgage. If ...
Continue reading "Transferring Real Property - Due-On-Sale Clauses" »
Posted on Feb 27, 2012 By Los Angeles Estate Planning Attorney
One of the many benefits of transferring real property into a revocable living trust is the privacy that comes with this transfer. In most states, titles on real property can be transferred through ...
Continue reading "Keeping Real Property Transfers Private" »
Posted on Feb 26, 2012 By Los Angeles Estate Planning Attorney
When international singing sensation Whitney Houston passed away earlier this month the world was certainly shocked. Her life in recent years up to the event of her death had been filled with much ...
Continue reading "Whitney Houston Estate" »
Posted on Feb 24, 2012 By Los Angeles Estate Planning Attorney
Before transferring any real property into your living trust, it is extremely important that you check on several factors that could have a negative effect on the transfer. One of these factors is ...
Continue reading "Check Title Insurance Before Transferring Real Property" »
Posted on Feb 23, 2012 By Los Angeles Estate Planning Attorney
Once you've begun to start transferring your real property into your living trust, you may have decided that using a Warranty Deed is the best way to proceed. Especially if the property is located ...
Continue reading "Transferring Real Property - Warranty Deed" »
Posted on Feb 22, 2012 By Los Angeles Estate Planning Attorney
After creating a living trust, one of the first things you may want to do is to transfer your real property into the trust. When you wish to do this you, as the grantor, will transfer interest in the ...
Continue reading "Transferring Real Property - Quitclaim Deed" »
Posted on Feb 21, 2012 By Los Angeles Estate Planning Attorney
Maybe you had a wonderful time at your local YMCA as a child and perhaps your children went there as well. They might have been a shining light and a positive influence on your life and community. So ...
Continue reading "Charitable Trust Modifications" »
Posted on Feb 20, 2012 By Los Angeles Estate Planning Attorney
By setting up an irrevocable trust, you obviously have decided that you want a pretty solid trust and wouldn't want changes to be made to it. However, there are ways that it can be modified under ...
Continue reading "Modifying An Irrevocable Trust" »
Posted on Feb 17, 2012 By Los Angeles Estate Planning Attorney
Even though the word 'crummey' has taken on a not so positive meaning in the English language, make no mistake, a Crummey Trust has many benefits as part of your estate planning. A Crummey ...
Continue reading "What is A Crummey Trust?" »
Posted on Feb 16, 2012 By Los Angeles Estate Planning Attorney
As discussed in the previous post certain types of people can be prohibited beneficiaries. It should be quite obvious that the reason for this law is to protect a dependent adult from any scrupulous ...
Continue reading "Prohibited Beneficiary - Exceptions" »
Posted on Feb 15, 2012 By Los Angeles Estate Planning Attorney
If you are thinking that you can just leave your estate to just anybody you wish, you might want to think again. There are certain individuals that would be considered prohibited beneficiaries. One ...
Continue reading "Are There Any Beneficiaries That Are Prohibited?" »