My childless aunt left her home in LA, CA to me in a trust. Does it have to be reassessed?

The information referenced above is essentially correct; all real estate transfers are subject to reassessment to current fair market value unless...

A distinction must be made between the TRUSTEE and BENEFICIARY. Neither trustee has a RIGHT to move into the property and must at all times manage...

Banker says I cannot act as an attorney for the grantor of the power with the Power of Attorney.Does the banker have wrong info?

I am not aware of any California law that states who can or cannot be an agent under a power of attorney (other than you must be legally competent...

Will assets that increased in value be solely to the party originally owning them or will value increase be divided if a divorce

The questions Attorney Supancic has asked are all important, the answers to which will make a difference in the response to your question. The...

I am 60 years old, RE in my Roth has devalued and has no income. Custodian company had been charging me. What to do now?

As a post 59 1/2 Roth IRA holder, you should be able to withdraw this land without penalty or tax. I would speak to and XYZ Administration...

I am leaving the country and relocating to Canada. How do I transfer all my personal belongings and assets to my best friend?

Though attorney Weinstein's response is viable, be aware that any transfer to another for less than adequate consideration (i.e. purchase price) is...

Is there a place to set up a living trust for free? I have very little $$$/want trust for my heirs

A couple of quick thoughts. The advice previously given is generally spot on. In California, a living trust is not generally recommended by our...

Should I get a will or a Living Trust?

I would seriously consider finding an estate planning attorney who is in a position to assist you on a "rush" basis. One thing that has not been...

Can a trustee add another trustee to a deceased trustor's revocable trust?

Though it is accurate to say that a irrevocable trust cannot generally be modified, the language of the irrevocable trust may permit the...

Non Beficiary Irevocable trust rights

As was previously suggested, California law does create the right to receive a copy of a trust that has become irrevocable if you are a...