Sales of property after gifted from child to parent

I agree with colleagues. Basis of recipient in a gift transaction is same as basis of donor. I am curious why you would do this? Think long and...

I agree with colleagues. You ultimately will get what you pay for. There are too many questions and issues to provide a simple answer to your...

Mother,84 years, substantial assets, 4 children.two of them not trustworthy. she has a will/trust. is it possible to place a

I agree with colleagues. If you mother has legal capacity and is not subject to risk of undue influence she can do as she pleases with her assets....

I am a beneficiary of my grandmother's trust, the current trustee is going to distribute my share in a new trust.

If current trustee plan to distribute to a new trust, the new trustee is not a successor trustee. New trustee has same duties as previous trustee....

How much does it cost to plan out a course to get a real estate license with an expunged felony?

Happy to hear you are in process of rehabilitation. Review Ca real estate regulation regarding eligibility to obtain license. There are...

Irrevocable trust and releasing title to a property

Need more specifics to give definite answer. May be possible to remove property from trust and place in husbands name (Probably required) for...

One sister owes my dads estate a large loan. Can the Trustee (another sister)change the terms of this loan without the approval

I agree with colleagues. Trustee owes duty to all beneficiaries to administer trust with fairness and impartiality to all interested parties. ...

I have a last will and testament executed in Louisiana where I was living at the time. I currently live in Mexico.

I agree with colleagues. You may revoke the Louisiana will and execute a new will in California. I suggest you create a trust if you own real...

Can a trustee of an estate in probate close out the estate without any input from a 50 percent beneficiary?

I agree with colleagues. Need more facts to provide good answers. Is there an open probate case? Probate will be administered by an executor,...

My mom has been served with a " notice of sale " on her condo due to non payment of dues, they give the sale date of 7/23/14.

Depends. Buyer will need to either negotiate move-out with mother or proceed with Unlawful Detainer action in superior court. UD action given...