I have a primary residence and a rental property in California. I also have a rental property in Kansas City, Missouri.

Your coverage should be more than enough, normally (there are extreme cases of course). For complete protection you can use an LLC or any of the...

You can do that with a Living Trust but only your own property. Is the house yours or is it community property? There are also rules about what...

It is the Trustee's resposibility to make sure everything is settled. If he comes up short at the end then he will pay it out of his own...

My parents have a condo and want to transfer the owenership to me. which way is better for less tax ( gift, quitclaim etc)? ?

The best way is for you to inherit it. If they gift it to you, then you also get their tax basis, which is what is used to figure out the taxable...

What impact(s) in future if I transfer property title to my son while still married but living separately?

Aside from all the horrors the other attorney has mentioned, when you gift something of value you also gift the tax basis. Your tax basis is the...

A lot of any Trust is "boiler plate" but the boiler plate changes over time and what was OK when your parents did a trust is not the same as today;...

Can my sister who owns her home transfer her interests to me without triggering an increase in property tax?

You are off base! The solution is for your sister to put the house into a Living Trust. That will protect it from the Medi-Cal payback that you...

Will my mother lose Medi-Cal benefit if she sells her house?

If she is in long term care then the fact that she has cash will keep Medi-Cal from paying her bills until she is broke again. She can spend it...

DON'T DO IT! She can if she wants but the issue here is the tax to be paid on the profit on the house. If mom has owned the house for a long time...

How can a sister transfer her full rights ownership of a fully paid lot property (Lancaster, CA) to her brother? Quit Claim D?

She will aslo need to complete a PCOR (Preliminary Change of Ownership Report) form to go with the deed. You can download it at the County...