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 […]