In probate cases, the real property often sits vacant for months during the administration process. To a general real estate agent, a vacant house is just an empty listing. To a probate specialist and, crucially, to the probate attorney, a vacant house is a liability magnet that can jeopardize the ...
Continue ReadingIn real estate, we often talk about market timing. But for Baby Boomers and seniors, Life Timing is far more critical when considering a downsize. I call this finding the Goldilocks Window—the time when everything is “just right.” The Problem with “Too Early” or “Too Late” Too Early: ...
Continue ReadingEn mi carrera he visto a personas sin escrúpulos intentar aprovecharse de los propietarios mayores, quienes a menudo tienen muchísima plusvalía (equity) en sus casas y pueden no estar al tanto de las tácticas modernas de fraude. Como su “Baby Boomer Broker”, mi trabajo es ser su guardián. 3 ...
Continue ReadingOne of the most unpleasant conversations an attorney has to have with heirs today revolves around the “Step-Up” in property taxes. Since the implementation of California’s Proposition 19, the ability for children to inherit their parents’ low property tax base has been severely restricted. What was once a simple transfer ...
Continue Reading