by Christine | May 8, 2014 | Asset Protection, Estate Law, Inheritance, Real Estate |
What follows are issues to consider, and, in those rare cases where a transfer can make sense, how to do it the right way. Are you thinking about handing over the family home to your loved ones early? Proceed with caution. Although the hand-off can be a blessing to...
by Christine | May 6, 2014 | Estate Planning, Inheritance, Real Estate |
Perhaps the more important detail of this story is that the home was sold in an estate sale by heirs who appear to have let the property go for considerably less than market value. Inherited property brings with it certain important responsibilities, and that goes...
by Christine | Feb 20, 2014 | Elder Law, Estate Planning, Real Estate |
A life estate is a deed that entitles you to remain in your home for the rest of your life and allows your designated heirs to inherit it without the hassle of probate-court proceedings when you die. How can you avoid probate when it comes to the transfer of your home...
by Christine | Feb 10, 2014 | Estate Planning, Real Estate |
Emotionally, it's hard to let go of a home filled with memories. Moving is a hassle, and downsizing to a smaller home isn't always the cash bonanza some might expect. When entering your golden years of retirement, what is the ideal living arrangement for your...
by Christine | Feb 3, 2014 | Estate Law, Estate Planning, Inheritance, Probate, Real Estate, Wills |
The process of selling a relative’s home is likely going to be emotional, from the sorting of the personal belongings to the finalization of the sale at the closing table. Expect that. And surround yourself with professionals who will be empathetic and helpful. Many...
by Christine | Oct 31, 2013 | Estate Planning, Loans, Mortgage, Real Estate, Trustee, Trusts |
Borrowing from a trust can be an alternative to taking a jumbo mortgage, defined as above $417,000 in most markets and $625,500 in some high-price areas such as New York and San Francisco. In some cases, a trust can buy the home outright. A mortgage tends to...
