Can an Irrevocable Trust Take Out a Loan in California?
The general concept of a trust is relatively simple - a formal arrangement where a party (trustor) assigns control of their property or assets to a second-party (trustee) on [...]
Reverse Mortgage Payoff. How Does It Work?
Before getting into the details on reverse mortgage payoffs and how they work, it can be helpful to understand what a reverse mortgage is and why a loved one [...]
Most Common Reasons Beneficiaries or Heirs Borrow
When a parent dies and leaves his or her estate to children and other heirs, the estate assets must be equalized before any money or property can be distributed. [...]
Solving Probate Issues with Private Lending
Managing probate estates can be problematic for many reasons, many of which are caused by lack of liquidity in the estate. Private lending can help executors efficiently and responsibly [...]
Leveraging Private Loans to Preserve Inherited Real Property
Trustees, executors, private fiduciaries, and estate and trust attorneys routinely encounter common problems when administering cash-poor trusts or probate estates after someone passes away. These problems include how to [...]
Steps in the Lending Process
If you are in need of a private loan, it’s helpful to understand the process to put your mind at ease. It’s not as scary or as involved as [...]
Pitfalls of the California Revocable Transfer on Death Deed
Written by Mara M. MahanaClients planning their estates often want to keep matters as simple and straightforward as possible—both for themselves and for their heirs after they pass away. [...]
3 Things Everyone Should Know About Probate Loans
Managing probate estates is not easy. When you are grieving after losing a loved one, the last thing you want to deal with is a complicated legal and financial [...]
The Difference Between Parent/Child and Sibling to Sibling Transfer
In its simplest form, parent to child (and grandparent to grandchild) transfers are excluded from reassessment, but sibling to sibling transfers are subject to reassessment when it comes [...]
Prop 58: Did You Know?
You may have heard a lot about Prop 58 recently and are wondering what it means. Generally speaking, Proposition 58 stipulates that real property transfers, from parent to [...]