Selling California Property through Probate

When real estate and other valuable property are left to loved ones, it often is not just given to a single named beneficiary. Many parents leave a home or other property to all children to be divided equally. During probate, the executor of an estate commonly will sell this property and divide the profits among beneficiaries. Selling California property through probate is a bit different than selling a home you own outright, which you must keep in mind when listing and negotiating a sale. The process of selling California property through probate is a bit more complicated than selling property under any other circumstances. Any property under probate must first be appraised by the probate referee. This value generally establishes [...]

By |2018-08-10T14:19:22-07:00December 9th, 2016|Probate, Real Estate|

California Business Owner? Here’s What You Need to Know about Your Property

Owning a small business is a challenge. California business owners constantly face financial difficulties, legal challenges, and logistical demands-- and that’s before you even worry about the day-to-day details of running a small business. Often, your commercial property remains a low priority. So long as it basically serves your needs, it’s good enough, right? Wrong. Property is a major asset, and whether you own or rent your real estate, equipment, and other property, there are many legal issues that you need to carefully address to avoid its becoming a major liability. The following are five key legal issues all California business owners should know about their property. 1. Leases and contracts of sale should be in the business’s name, not [...]

By |2018-08-10T14:19:22-07:00December 9th, 2016|Business|

How To Fill Out A Will In California

A will is an important legal document that every adult should have. Your will determines what happens to your possessions after you pass away, which ultimately determines how you can continue to take care of your loved ones after your death. If you’re like the average American, however, you may be putting off writing a will until it feels relevant. This could end with you waiting until it’s too late. It’s time to learn how to fill out a will in California and start the process today for the sake of everyone you care about most. In California, there is a simple, statutory will form available from the California State Bar that you can fill out in your home. Once [...]

By |2016-12-02T06:41:37-08:00December 2nd, 2016|Trusts And Wills|

7 Reasons Why You Need a Real Estate Attorney

Every year, millions of real estate transactions take place. Many people assume that these contracts are fairly standard and that they don’t require the expertise of a real estate attorney, but unfortunately, this often leads to unexpected legal problems. If you are planning on buying or selling property, you need to hire a real estate lawyer to protect your interests and ensure that your deal has the outcome you expect. The following are seven reasons you need a real estate attorney— even when you may think you don’t. 1. Real estate contracts are not as standardized as you may think. Far too many people assume that real estate contracts are standard instruments that cannot be changed and that they already [...]

By |2018-08-10T14:19:22-07:00December 2nd, 2016|Real Estate|