Understanding how a Life Estate works
Life estates can provide effective means to create joint ownership of property, avoid probate and transfer property after death without incurring gift taxes.
January 12, 2022
Trust provides more Protection than TOD
Both help you pass down assets, while avoiding the time and expense of probate. However, one has much more flexibility than the other.
January 6, 2022
What’s an Enhanced Life Estate?
Your house might be your single most valuable financial asset. So you want to make sure you can give it to those you love when you die, without giving up the farm. That can be tricky.
September 30, 2021
Unrecorded Deeds hurt Estate Planning
While discussing estate planning with my parents, they told me that an attorney prepared a deed for them but told them not to record it yet.
June 24, 2021
Take Care when Transferring House to Children
What are the advantages and disadvantages of a parent transferring the title of a home to a child?
May 19, 2021
A victory for Adults caring for Aging Parents
Advocates are celebrating an important victory for individuals who provide care for their parents at home. The new decision will likely lead to a substantial expansion in the number of homes transferred to those caregivers.
April 21, 2021
Selling a Home after the Death of a Parent
My father passed away recently. How do we remove his name from the title to the home? Can we record a death certificate or have mom sign a new deed?
April 5, 2021