Check us out on Nelson Radio! Brian talks about the things we need to be aware of if a living trust is not set in place. What if something were to happen to you tomorrow? What then?

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People tend to think that you have to be married in order to have trust. However, unmarried couples should also have living trusts. 

For married couples, a basic joint living trust is common and will meet all their needs. Both spouses will have control over the whole...

Nelson Radio is a great radio channel focusing on Real Estate, Business, and Financial Law. Tune in every Saturday from 2-3 pm PST and learn from different experts and speakers on essential topics that every person should know about their estate, business, or just finance in general. 

 

 

We were featured on the June episode,...

We’ve all heard the claims that we’re an instant gratification society.  We drive thru windows for sustenance, find our new homes virtually without crossing the threshold and diagnose our ailments with the help of our handheld devices.  So why then would it not make sense to use a quick and easy online service to...

What happens to my share of the Estate if my spouse remarries? This is a common concern for married couples with joint properties and assets. 

Generally, in a revocable living trust for a married couple,...

Single parent trusts look slightly different from that of a married parent. Usually, in a married revocable living trust for married parents, the trust language and laws are set in place to ensure that both...

Living Trusts are a great tool to save time and money by avoiding the probate process when the Trustor dies. However, that is not all of the living trust offers. Besides skipping the probate process, living trusts also offer other benefits that may even surpass the importance of avoiding probate. However, you...

A certain amount of the money must be placed in a trust fund under the Jackie Coogan's Law: At present, Coogan Accounts (a.k.a Blocked Trust Accounts and Trust Accounts) are required by the State of California, New York, Louisiana and New Mexico. In most instances, you will have to supply proof of a trust...

We see it all the time as parents get older, they decide that they want to give their kids their real estate before they pass on or put them on title as joint tenants. Usually the rationalize this decision by believing that gifting their property to their kids while they are alive will avoid estate...