My good friend of 20 years recently gifted me with the deed to his home?
It depends on what you mean by “gifted me with the deed to his home” and “even if I have the deed”. If you mean that your friend prepared and...
Glendale, CA
Estate planning Lawyer at Glendale, CA
Practice Areas: Estate Planning, Real Estate, Corporate & Incorporation
It depends on what you mean by “gifted me with the deed to his home” and “even if I have the deed”. If you mean that your friend prepared and...
Your trust should dictate what would happen with all of your assets in that case. Discuss with the attorney that prepared the trust; and if you...
It depends on the terms of the trust. Typically, you would have to record an Affidavit of Death of Trustee which would record notice that you are...
This is more of a real property question. Generally speaking, the answer to your question is “yes”, there is a way to preserve the property tax...
One word of caution... you can do that, but you want to be careful that the trust is not then designated by the IRA as a foreign trust, which can...
Not a lot more to add than has already been said, but realize that attorneys are trained in what they do... you are not. Do you diagnose and treat...
You CAN easily, but whether you SHOULD, is a different question that you need to address first. As Mr Firth mentioned, there are adverse tax...
Typically, there is no set time and trust administration can - and usually does - take months. It can take years, depending on the circumstances...
The government has broad immunities for how they handle abuse investigations and matters. Typically the only thing that’s required is that they do...
While I agree with Mr. Couture that the process is simple, be sure you consult with an attorney to understand the legal and tax implications of...