Questions answered by Liran R. Aliav

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Can the trustee of my father's trust decide unilaterally whether to accept an offer on the sale of his house?

Liran's answer | Answered on August 14, 2015

If he is the sole trustee, then yes. Your father gave him these powers because he trusted him. If you can convince the Court that his decision is a...

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I am purchasing a home and it has been suggested I need to establish a rev trust. Is this smart? How do I do it?

Liran's answer | Answered on August 14, 2015

You should go to an estate planning seminar. They are usually free and a great way to learn how and why trusts work and whether they are the right...

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When does MediCal get paid back if wife is still alive but the house is being sold?

Liran's answer | Answered on August 14, 2015

Usually when someone dies, you must inform the Department of Health Services. Then they try to recover the money unless you have a special...

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I am planning to be leasing my commercial property. Before hand am I responsible for providing heat and air conditioning.

Liran's answer | Answered on August 14, 2015

Most commercial leases usually say that you must fix the air conditioning system if broken. Whether you need to install it is a different question.

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If I want to change the beneficiary of a Irrevocable. Life Insurance trusts what things need to be filled out?

Liran's answer | Answered on June 16, 2015

The easiest way is if you have a Trust Protector or Special Co-Trustee. Otherwise you are looking at petitioning the Court which is very expensive....

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IF HOME TITLE IS MR. AND MRS. AS HUSBAND AND WIFE AS JOINT TENANTS. CAN SOMEONE FORCE PROBATE FOR DECEDENTS HALF?

Liran's answer | Answered on June 15, 2015

Joint tenancy property usually does not go through the probate process. You likely need to file a couple of documents with the recorders office...

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I refinanced my mortgage because my lender did not pay my property insurance and my insurance lapsed then they ruined my credit

Liran's answer | Answered on June 12, 2015

This seems to difficult to answer over the internet. You need a face to face consultation with an appropriate attorney. Good luck!

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Is an opposition to be filed after written objections are filed with court.

Liran's answer | Answered on June 11, 2015

It really depends on the judge. Usually, probate judges are more lenient and will allow objections the day of the hearing. That means that it will...

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For a property purchased for my mother, should my wife and I be on the deed or have her pass the property to us in her will?

Liran's answer | Answered on June 11, 2015

To get a step up in basis, which helps with capital gains tax once you sell the property, your mother should ideally be on title and transfer it to...

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Should I get two or four LLCs for my rental properties that have separate four tax parcel numbers but are on two lots?

Liran's answer | Answered on June 11, 2015

Have you considered umbrella insurance? You can likely structure it with less LLC's if you have a good umbrella policy. Think about how much...

Liran R. Aliav's Answers (55)

Can the trustee of my father's trust decide unilaterally whether to accept an offer on the sale of his house?

I am purchasing a home and it has been suggested I need to establish a rev trust. Is this smart? How do I do it?

When does MediCal get paid back if wife is still alive but the house is being sold?

I am planning to be leasing my commercial property. Before hand am I responsible for providing heat and air conditioning.

If I want to change the beneficiary of a Irrevocable. Life Insurance trusts what things need to be filled out?

IF HOME TITLE IS MR. AND MRS. AS HUSBAND AND WIFE AS JOINT TENANTS. CAN SOMEONE FORCE PROBATE FOR DECEDENTS HALF?

I refinanced my mortgage because my lender did not pay my property insurance and my insurance lapsed then they ruined my credit

Is an opposition to be filed after written objections are filed with court.

For a property purchased for my mother, should my wife and I be on the deed or have her pass the property to us in her will?

Should I get two or four LLCs for my rental properties that have separate four tax parcel numbers but are on two lots?