Archived
My LLC corporation, can it act as Trustee of a Trust I want to create and fund with a piece of real property.
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Answered on March 01, 2012
The answer to your question is yes. But I am not at all sure why you would do that. What are you trying to accomplish with that design? I think...
Archived
What are the steps do I need to take to add my husband name our MortgageTitle?
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Answered on February 29, 2012
Attorney Doland has given a good answer. But based upon the fact that you are married, you may prefer to use the "...as community property with...
Archived
About living trust.
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Answered on February 28, 2012
Essentially, a living trust is an estate planning tool that is designed to manage and subsequently transfer assets to another in the event of...
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Should trustee deed a life estate in real property to a beneficiary, or hold the property in trust for duration of life estate?
Steven's answer
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Answered on February 28, 2012
A question of this nature requires substantially more information to arrive at a viable answer. Here is the general rule. The disposition of any...
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Archived
In CA beneficiaries rights to property inherited that trustee is selling to pay of its mortgage as well as some other debt
Steven's answer
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Answered on February 28, 2012
As a beneficiary, you certainly do have rights. In most normal circumstances, upon the death of a trustor (creator of a trust), the heirs and...
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I ASKED FOR MY OWN ATTORNEY
Steven's answer
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Answered on February 27, 2012
Though attorney Chen is correct, there isn't sufficient information to answer your question, there are several general rules. The trust you...
How long we have to wait to file a QUITCLAIM DEED.
Steven's answer
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Answered on November 30, 2011
The creation of a quitclaim deed that is then signed and given to you would transfer the property immediately to you, notwithstanding the lack of...
Archived
How do we get the trustee to give us the inheritance?
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Answered on November 21, 2011
There are a number of formalities typically required after the passing of a trustor, all of which falls under the generic heading of "trust...
Archived
I have a LT for real estate. Can I have 2nd LT for my lump sum retirement (being put in 401K IRA in 2012)? Thanks.
Steven's answer
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Answered on November 18, 2011
Clearly you can create a second living trust for this purpose but you may be better served evaluating a more appropriate trust document...
My property is in a living trust.Can my live-in girlfriend claim my property or my inheritance?
Steven's answer
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Answered on November 08, 2011
Assuming your living trust is revocable (which virtually all are), it is merely a pass through entity which provides no asset protection, nor does...
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