Can I give partial buyout and be sole owner of home/property ?
You need a payment and cash to cover the balance due. A note and trust deed are the standard way it is done. You could also get a bank loan, BUT...
Huntington Beach, CA
Estate planning Lawyer at Huntington Beach, CA
Practice Areas: Estate Planning, Probate, Bankruptcy & Debt
You need a payment and cash to cover the balance due. A note and trust deed are the standard way it is done. You could also get a bank loan, BUT...
Probate Code §9250 gives the claimant 90 days from rejection to file a civil lawsuit. If the lawsuit is not filed within 90 days of rejection, it...
The reconveyance means the loan was paid or refinanced and "whoever has title to the property" now has title to the property without the first...
to add to the other answers. There should be a written agreement including who pays what. If you go beyond 3 years, you will lose (temporarily)...
In a probate, if the administrator/executor has IAEA powers, there is no court confirmation. HOWEVER, the sales price will be in the accounting and...
You should ask to. see the Notice of Proposed Action. Look it over. If you see no problems, then waive the 15 days. If you think the price is too...
If it is her separate property and she has capacity, she can do anything she wants with the house.
You really should have had an attorney help you. My recommendation would have been to lease the property to the LLC, then the LLC is the landlord...
Assuming your estate has money, the debts will need to be paid. A few credit cards have a "life insurance" pay on death benefit, others may accept...
They may be able to assume the lease, buy the car, or turn the car in. They will have to evaluate what is best when the time comes.