What do you have to do to create a ca living trust if there are 3 people listed as homeowners? mom, dad,and son.
Stephen's answer
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Answered on July 07, 2023
This question if not mistaken, was already asked but in a little different fashion. Correct me if I'm wrong, your brother is on title with your...
Should i be added as joint tenant or should my parents sever their current joint tenant contract that includes my brother ?
Stephen's answer
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Answered on July 07, 2023
In order for your parents to move forward with their current intent a trust and estates attorney would need to see how title was held BEFORE its...
LLC divorce and current assets division?
Stephen's answer
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Answered on June 29, 2023
Please refer to the LLC Operating Agreement as there should be provisions in the Agreement dealing with a buy out of a Member's interest. If not...
Why would an estate attorney refuse to do any irrevocable trusts ever?
Stephen's answer
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Answered on June 29, 2023
I kind of get where your father may be coming from, which is to get assets out of the estate for tax purposes. Or if he has creditors he is trying...
Any ramifications with changing to a LLC from a private party in reference to the below situation.?
Stephen's answer
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Answered on June 24, 2023
A very very strange request. What is the buyer's motive in requesting this? By assigning the property to his LLC it will not be a conventional...
I’m selling my house to a private party and already in escrow. . I just got a request from escrow to amend & assign it to an LLC
Stephen's answer
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Answered on June 23, 2023
Is the house used for residential purposes or was it being rented? Did escrow give reasons for transferring it to an LLC? If so, what were the...
How do I get what is rightfully mine ?
Stephen's answer
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Answered on June 23, 2023
You have raised at least two issues.
1) Did your father have the express right specifically stated in the Trust to remove a beneficiary or make...
I was given a home in California from a trustor friend in California but he spelled my name wrong. How can I correct?
Stephen's answer
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Answered on June 22, 2023
Your attorney can prepare for you and record a " corrective deed" noting the correct name and how title should read.
What happens if someone dies and has two trusts that might contradict each other?
Stephen's answer
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Answered on June 22, 2023
Impossible to answer without a review of the two trusts, what assets remain and which don't, and a determination of whether the 2nd trust REVOKED...
How can I ensure my child gets a portion of the proceeds of my marital home?
Stephen's answer
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Answered on June 22, 2023
One scenario that comes to my mind would be if your spouse would be willing to accept a "life estate" interest in the home were you to predecease...
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