Free Estate Planning Strategy Session for California Residents
www.ocestateplanlawyer.com
a house gets in a child's name three typical ways. First, the parents put the child's name on the deed before the parents pass away. I think this is a bad idea. Second, the parents leave it to the child and will meaning it goes through probate, and eventually the child is put on the date to the home. Third, the parents put the home in new living trust with the child as a beneficiary. This both avoids the time and cost of probate, and make sure that, there is a benefit when it comes to property taxes down the road. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty #Probate #Deed #Death
