Student Loans Can Be Zeroed Out Through Bankruptcy
Student loan over-indebtedness has adverse consequences equally as devastating as the financial challenges caused by the COVID 19 pandemic. “High levels of post-secondary education debt correlates with lower earnings, lower rates of homeownership, fewer automobile purchases, higher household financial distress, and delayed marriage and family formation among other ripple effects.” (Recent statement by the American […]
Problems with Transfer on Death Deed in California
I get a lot of calls from people asking me if a California Transfer on Death Deed (TODD) is a good substitute for a Revocable Trust. Unfortunately, the answer is no because there are too many problems with a TODD. The biggest problem that I run into when looking into if a TODD is acceptable […]
Removing Property from An Irrevocable Trust in CA Is A No No
Recently, our firm settled a case for a client where the client received his entire inheritance as part of the settlement. Our client came to us and said that his mom had passed away 6 months prior. However, when checking the county records, our client had seen that Stepdad had taken the house that Stepdad […]