Attorney Scott Grossman discusses if you should serve as administrator of the estate and if this is the right role for you.
Articles about Real Estate
My sister and I are the co-trustees of my parents trust. I want to sell their home now that they are dead but she doesn’t want to sell. What can I do?
Disagreements between co-trustees is a fairly common occurrence. Find out more of what you should do if a disagreement should arise between the co-trustees.
Should I inherit my father’s property if he held in joint tenancy with his second wife? Their trust says I get all their property when they have both died.
No, not unless the second wife adopted you as one of her children. This is a really common and, speaking frankly, dumb mistake.
Trustees of California trusts must be very careful to abide by the law and not favor any one beneficiary over another. If one beneficiary benefits to the detriment of another, the trust administration becomes ripe for litigation.
Is a petition for partition the right action for me during or after a California probate administration?
Under California law, an action for partition is available to co-owners of property who want the court to divide real estate in an equitable manner among the parties. California probate or trust administrations often result in real estate being owned by multiple parties who otherwise would not choose to purchase or own property together.
Problems can arise if there is a lack of funds to pay monthly mortgage bills. If this happens, the lender may initiate a foreclosure during San Diego probate.
The duties of a personal representative in California are many. Unfortunately, the failure to properly carry out these responsibilities could potentially result in liability on the part of the personal representative. Personal representatives must be extra cautious where there is a dispute among the beneficiaries or creditors.
If your loved one died with real estate in an LLC, you may need to administer the estate. There are several options for real estate held in an LLC.