Selling a highly appreciated business, property, or other asset creates a familiar problem: the tax bill often arrives right alongside the payout. A Deferred Sales Trust (DST), built around the IRC Section 453 payment-timing rules, is one strategy that may let an eligible seller spread capital gain taxes over time instead of paying them all […]
Deferred Sales Trust: A Complete Guide to Section 453 Read More »
Trust Sale
When buying or selling property, understanding the probable sale price in California real estate can help you make better financial decisions. The probable sale price is an estimate of what a property may realistically sell for under current market conditions. It is influenced by comparable properties, location, property condition, demand, and prevailing market trends. In
A trust sale in California is a real estate transaction in which property owned by a trust is sold by a trustee or another person with legal authority to act for the trust. While the purchase can resemble a traditional sale or traditional real estate transaction, buyers should understand the trust terms, trustee authority, trust
Trust Sale in California Cost: Buying a Trust Sale Home, Pros and Cons Read More »
Trust Sale
A Probate Executor's Role: A probate executor (also called a personal representative) is appointed by the court tomanage a deceased person’s estate. Your primary responsibilities are to: Secure and protect estate asset Pay valid debts and taxes Distribute remaining assets to beneficiaries according to the will or California law 1. How Long Does Probate Take?
What Are the Duties of a Probate Executor in California? Read More »
Probate sale
When a homeowner passes away, the property and any existing mortgage become part of the probate estate. Until the home is sold or transferred to the rightful heir, the estate’s executor or administrator is responsible for managing the property and ensuring mortgage payments remain current using estate funds. How Probate Sales Work Court Confirmation :
What Happens to a Mortgage During a Probate Sale? Read More »
Probate sale
Q. What assets usually must go through probate? A. Assets owned solely in the deceased person's name, with no designated beneficiary or co-owner, generally must go through probate before they can be transferred to heirs. Q: Does jointly owned property go through probate? A: Usually not. Property owned jointly with rights of survivorship automatically transfers
Can siblings sell an inherited home if not everyone agrees? It depends on how the property is owned. Living Trust: If the home is held in a trust, the successor trustee usually has the authority to sell the property according to the trust’s instructions without requiring unanimous approval from all beneficiaries. Probate Estate: If the home is
Selling an Inherited Home with Siblings or Multiple Heirs Read More »
Selling Home
by Matt Carson When your “For sale” is also “Under construction”: How to buy new construction The housing market is pretty competitive out there right now. There’s a crushing lack of inventory in some areas, so many potential homebuyers are looking for an alternative that doesn’t involve endless bidding wars and settling for what’s available.
What to know when buying new home construction Read More »
Buying Home
by Kristen Elliott Warmer weather, longer days with later sunsets, trips to the beach—everything’s better in the summer, right? Add to the list: homebuying. While there’s a “selling point” for homebuying in every season, summer has quite a few. What better time to really get a feel for the neighborhoods you’re considering? Stroll down the
8 reasons to buy a home in the summertime Read More »
Buying Home
