Real Estate

2013 11/17

Avoid Probate of CA Real Property with Living Trust

2016-11-05T19:46:21+00:00 November 17th, 2013|Blog, Estate Planning, Real Estate|

In California a revocable living trust is the best way for real property owners to avoid the need to probate their real property, allowing them to maintain control and save money all at the same time.  However, it is not enough to establish a trust – you must also fund it. Transfer of your real property into your trust is not complete without a recorded deed. To avoid probate a trust must be properly funded. Funding of real property is accomplished by deed. A deed [...]

2012 01/20

California Community Property Law

2016-11-05T19:46:22+00:00 January 20th, 2012|Blog, Real Estate|

Spouses and domestic partners must consider California Community Property law because these laws impose limitations on the transfer of marital property or domestic partnership property when making a distribution of assets in their estate plan. While many people associate “community property” with divorce or dissolution of a domestic partnership, community property also plays an important role in estate planning. What is community property in California? Community property is all property acquired by a California resident during marriage or the domestic partnership that is not the [...]

2012 01/17

Holding Title to Real Property in California

2016-11-05T19:46:22+00:00 January 17th, 2012|Blog, Real Estate|

There are many different ways for people to hold title to property in California.  You should always consult with an attorney before deciding on how to hold title to California real property. California real property can be held by people as a sole owner or as a co-owner with another person.  Co-ownership of California real property involves two or more persons or entities acquiring and holding title together. Sole Ownership by Person or Entity A Single Person Property would be held as an individual who [...]