Prepare deeds, affidavits and trusts for real property. Attorney is Mark W. Bidwell. To start, call 714-846-2888. Email Mark@DeedAndRecord.com. Office is in Huntington Beach, California
Estate planning is an essential part of life. Planning ensures that your assets are distributed according to your wishes after you pass away. Planning avoids probate. Probate is the legal process by which a court oversees the distribution of your assets after your death. Probate is long and expensive. Best to avoid it if possible. …
Real property owned by one person ends up in probate. Probate is a set of laws the California courts follow to transfer real property from a decedent to his or her heirs. California has three tiers of California probate court involvement based on the market value of the real property. The more involved, the greater …
No office visit is needed. Documents are exchanged by email and mail.
The best option is a trust. A simpler option is as “community property with the right of survivorship.”
WIthout a will or trust, California laws of intestacy identify who are your heirs.
Hint, it is not gifts in this author’s opinion.
This article looks at the tax burden and loss of control for gifts compared to post death transfers.
How to co-own your home in California is a decision with consequences. What happens if you were to die or divorce is heavily dependent on this decision. Options to own are; in name only, with the right of survivorship, as a trust, or as a business entity. Transfer on Death The major distinction between these …