Blog Posts in October, 2013
Posted on Oct 29, 2013 By Stephens Law Group
Your Trust is a private document. It usually contains confidential information about you, your family, and even the people you're disinheriting. You probably don't want the bank knowing who ...
Continue reading "Do I have to give a copy of my Trust to the bank?" »
Posted on Oct 21, 2013 By Stephens Law Group
When attorneys talk about "funding a Trust", they're talking about the process of transfering assets to the Trust. A Trust (sometimes called a Family Trust, Living Trust, or Revocable ...
Continue reading "What does it mean to "fund" a Trust?" »
Posted on Oct 14, 2013 By Stephens Law Group
Can the County Assessor reassess our property taxes, if all we did is change a joint tenancy to a tenancy-in-common? The short answer? Yes (according to at least one California court). The ...
Continue reading "Can the County reassess my property taxes like that?" »
Posted on Oct 7, 2013 By Stephens Law Group
A Trust is essentially a relationship, or contract, among three parties: A Settlor who creates the Trust; A Trustee who manages the Trust assets; and A Beneficiary who receives the Trust assets. ...
Continue reading "How does a Trust avoid probate?" »
Posted on Oct 3, 2013 By Stephens Law Group
Okay, pop quiz. Which of the following is the best definition of a "Trust"? A legal entity that holds title to your assets; The fiduciary relationship between a Trustee (legal title) and a ...
Continue reading "What is a Trust?" »
Posted on Oct 1, 2013 By Stephens Law Group
When you think about it, estate planning is the process of making decisions now so that other people don't have to guess what you want done later (at your incapacity or death). A good estate plan, ...
Continue reading "Do I Need Estate Planning?" »