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Probate Sales Jeopardized By State Fiscal Crisis
On April 1st, the Los Angeles Superior Court, the nation’s largest trial court system, laid off 329 employees and announced the closure of 17 courtrooms. These 17 courtrooms are countywide, within the Stanley Mosk, Clara Shortridge Foltz, Malibu, Hollywood, Santa Monica, West Los Angeles, San Fernando and Central Civil West courthouses. Fifty of the system’s […]
THE MOST OVERLOOKED TAX LOOPHOLE FOR TRANSFERRING REAL ESTATE AFTER THE DEATH OF AN OWNER
Real estate may be passed to heirs through joint tenancy, probate or trust. Regardless of the process, there is one important tax exclusion that is frequently overlooked by surviving family members. It’s a California law called Proposition 58. What follows is a brief overview of the ways property may be inherited and how heirs can […]
Estates Attorneys – Acknowlegements
I would like to thank the following members of the estate planning, litigation and administration community for their help with my clients regarding the probate court approved sale process, proper estate administration and elder law: Marty Neumann, Adam Streltzer, Les Klinger, James Morris, Keith Moten, Jaci Feldman, Janice Fogg, Miriam Golbert, Amman Khan, Judge Reve Goetz, Joe Girard, Jane Hall and Stephen Mcleod. If you […]
THE BROKERAGE
Our Mission By combining our design, renovation & marketing expertise, we deliver turn-key solutions for transforming dated and neglected properties into warm and inviting spaces. THE BROKERAGE Real Estate Group THE BROKERAGE has assembled a team of the most sought after designers & Realtors© in Southern California. Our talented design consultants and Realtors© have renovated […]
The Inheirited Property Solution
Inheriting property can be both a blessing and a curse. The exciting prospect of new found wealth is usually tempered by the sorrow of losing someone close. As the grief subsides, one begins to think about the complications that come with suddenly owning an empty home. In most cases, the inherited property has been neglected […]
8 Tips for Court Sale Hearings
It is incumbent on brokers to manage the sale confirmation and bidding process, thereby easing some of the burden on the courts. Here are some key tips and reminders: Use the Probate Purchase Agreement and Joint Escrow Instructions (C.A.R. Form PPA) & pay particular attention to paragraphs 3, 4 & 5. Verify that the buyer’s […]
