Main Question: Can a revocable living trust sign a TOD for real property in California?
I concur absolutely. A transfer by means of a Trust is always preferable to a TOD because of the protector provisions.
Las Vegas, NV
Trusts Lawyer at Las Vegas, NV
Practice Areas: Trusts, Estate Planning ... +2 more
I concur absolutely. A transfer by means of a Trust is always preferable to a TOD because of the protector provisions.
The trustee has a duty to comply with all of the Trustee's responsibilities and can be held personally liable for not doing so. A review of the...
My recommendation is that you DO use a Living Trust with your cousin as the first choice of trustee and then use a bank or trust company as second...
Attorney Miller is correct. Ask your attorney to file papers opening a Probate and Get Started.
If the Trust owns the home and not the three children, whomever has the power as Trustee can sell the home subject to any lien by the senior...
(1) Does your Dad's Trust require that you make a distribution of all property owned by the Trust at some point? (2) If you sell the house and make...
I concur with Attorney Beavers. Have an Estate Planning attorney review the Trust document and discuss your rights. If needed, the Attorney can...
Would need to review the actual Trust document. However, typically if an heir is deceased and has no descendants (children) the corpus would go to...
You might consider having a long-time best friend or even a bank / trust company as Executor. However using a Living Trust would avoid Probate and...
I'd strongly recommend that you sit down in person with an Elder Law / Social Security attorney in your state for a free consultation. See Avvo.com...