Estate Planning: Catching up on readers' questions
Q: I received title to my parents’ home using a transfer on death deed. How do I get a deed showing that I own it now?
Source: nwitimes.com
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Living trusts are a powerful tool if you own real property in more than one state
It is common for my clients to own real property in multiple states. Maybe they are snowbirds with primary residence in Idaho, and winter property in Arizona, or California. Sometimes my clients own out of state investment properties such as rentals in Spokane. Whatever the case may be, owning real property in more than one state can be a problem after your death if you don’t want your estate tied up in probate court.
Source: cdapress.com
Kentucky should allow Transfer on Death Deeds. It saves homeowners time and money.
Transfer on Death Deeds provide certainty about what will happen to property while avoiding the time and expense of the probate process.
Source: yahoo.com
Why a trust is so useful for those who own real property in multiple states
It is common for my clients to own real property in multiple states. Maybe they are snowbirds with primary residence in Idaho, and winter property in Arizona or California. Sometimes my clients own out of state investment properties such as rentals in Spokane. Whatever the case may be, owning real property in more than one state can be a problem after your death if you don’t want your estate tied up in probate court.
Source: cdapress.com
Avoiding probate if you own real property in more than one state
It is common for my clients to own real property in multiple states. Maybe they are snowbirds with primary residence in Idaho, and winter property in Arizona, or California. Sometimes my clients own out of state investment properties such as rentals in Spokane. Whatever the case may be, owning real property in more than one state can be a problem after your death if you don’t want your estate tied up in probate court.
Source: cdapress.com