My mom is being asked to sign a quitclaim deed in order to get a loan on her property from a private lender?
Stephen's answer
|
Answered on April 26, 2024
You are correct. A quitclaim deed were she to sign and deliver to the lender would give them full title to the property. A deed of trust would give...
Since trusts are entities, does having individuals holding title under their personal names as Trustees, seem necessary?
Stephen's answer
|
Answered on April 26, 2024
Trusts are not separate entities. The Trustee and/or Successor Trustee is always named and holds title on behalf of the Trust because this is the...
Who is involved in creating the Trust and Will? how long does it take to prepare? does it go to the county for some approval?
Stephen's answer
|
Answered on April 25, 2024
The questions are awkwardly presented. The maker of the Trust known as the settlor, is usually the same person as the principal of the POA....
How to regain financial stability after being convicted of a 470D?
Stephen's answer
|
Answered on April 25, 2024
I think she really needs to consult with a criminal lawyer as to her options. It is really not a real estate question although it could factor into...
How to locate Attorney's replacement if he died? How to locate irrevocable trust is attorney deceased?
Stephen's answer
|
Answered on April 24, 2024
I agree with attorney Straus. Are we to assume that the special needs family member and the Trustee do not have a copy of the irrevocable trust...
Wondering if a contract is invalid due to a representation of members clause saying i have to be over 20 ?
Stephen's answer
|
Answered on April 24, 2024
Its very weird. I have never seen a clause like this in an Operating Agreement. Since there are only two of you how old is the other Member? Whose...
Do I have options
Stephen's answer
|
Answered on April 16, 2024
If you are able to have a candid conversation with your sister, you can explain to her that she has put you in a position where you have no choice...
If I sell a business that is operating out of state, and am issued a non compete, but I currently live in CA, how does it apply?
Stephen's answer
|
Answered on April 15, 2024
It is really a matter of which state law applies to the purchase sale agreement. If California law is
applicable to the interpretation and...
Trustee issues
Stephen's answer
|
Answered on April 13, 2024
Although it is unlikely, you should check the trust to see if there is, or is not, a provision whereby the successor trustee can appoint a person...
Can Los Angeles, CA LLC have an FBN in another county without having the FBN in Los Angeles?
Stephen's answer
|
Answered on April 09, 2024
You should file an FBN in every county in which the LLC seeks to do business to avoid any confusion for those doing business with the LLC
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained