My mother had a lease with Tenants expires at year end. Then She pass away, will ownership change makes the lease expire sooner?
Robert's answer
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Answered on April 23, 2022
The tenant has a valid lease until its expiration date. It does not matter that the original landlord died or that the successor in interest lives...
Does a successor trustee assignment need to be recorded prior to selling CA real estate?
Robert's answer
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Answered on April 22, 2022
I believe it can be handled as part of the title and escrow process as long as there is a certification of trust which names the successor trustee...
Will I forfeit my 1/3 inheritance in my husband WILL if I use my post nuptial agreement that says I get his half of home?
Robert's answer
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Answered on April 21, 2022
Sounds to me like it's time to lawyer up in order to protect your interests. You want one who specializes in probate and trust litigation. FYI, if...
How do reclaim money and unsold stock from a west coast based firm that is going bankrupt?
Robert's answer
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Answered on April 19, 2022
You will need to consult with a bankruptcy law firm that represents creditors in commercial bankruptcies.
How can an irrevocable trust be converted to an LLC or Family LLC?
Robert's answer
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Answered on April 19, 2022
Not sure why you would want to convert from a Family LLC back to a living trust. Family LLCs are used to reduce estate values that are over the...
As a surviving spouse of a co-trustee of a revocable living trust, do I have rights to assets of the trust?
Robert's answer
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Answered on April 19, 2022
Just because your wife was a co-trustee of the trust doesn't mean that she was a beneficiary of the trust. Typically, as long as your mother in...
How do I go about transferring ownership of a property deed if the owner is deceased?
Robert's answer
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Answered on April 18, 2022
Start by contacting the Tine Share company which manages this time share. It may be able to point you in the right direction. You may be able to...
An erroneous apn# has not detected until the Settlor passed away, how difficult to correct the error in the living trust now?
Robert's answer
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Answered on April 13, 2022
You can always file an affidavit with the county recorder setting forth the correct APN. That should clear up any confusion for Title companies in...
Do I need a new will, med POA and financial POA?
Robert's answer
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Answered on April 12, 2022
I don't now what probate is like in Colorado, but in California it can be very expensive and time consuming. I suggest you have your present plan...
When does a property transfer to me on an Irrevocable Life Estate Quit Claim Deed ?
Robert's answer
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Answered on April 07, 2022
You may get a better answer from a CPA who is familiar with the rules for step up in basis. The language of the life estate deed needs to be...
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