Blog | Aliav Law

31 Mar

Who is In – Charge after Death For Burial?

Liran Aliav, March 31, 2020

We are going to talk today about who is in charge of disposing of remains when you pass away, of autopsies, of all of the actions necessary with the body of a human being when they pass away. Well, that is usually done by the healthcare power of attorney. The person listed in your healthcare power of attorney, as opposed to your power of attorney, which is a whole separate document. The healthcare power of attorney usually gives those powers to that person, and they will help and facilitate the situation. Now, if you don’t have one of these documents,.

24 Mar

Which One Is Better — A Trust or a Will?

Liran Aliav, Living Trust, March 24, 2020

We’re going to talk about whether you should have a trust or a will today. Which one’s better? And why do you need one or the other? Well, a trust is going to avoid something called probate. A will does not avoid probate and it makes you go through the court process. So take control of your property, it will appoint someone in charge based on your will, and then they will administer it, could take about a year or two before you could even do anything with the property. Or the beneficiaries will have ultimate use of the property.

21 Mar

What is a HIPPA Waiver?

Liran Aliav, March 21, 2020

Today, we’re going to be talking about a HIPPA waiver. You might have heard this from your doctor. This document allows your medical records to be given to somebody else. Otherwise, they’re not allowed to be given to that person. So you need this special document called a HIPPA waiver, which the doctors can then look at and say, fine, I can give this document to this trustee of the trust that you’ve created. You can give it to your brother or to your sister and mostly to a family member. Whoever is necessary in order to get to the.

17 Mar

What is A Certificate of Trust?

Liran Aliav, Living Trust, March 17, 2020

We are now talking about a certificate of trust or affidavit of trustee or a trust certification. They’re all basically the same document, and what basically happens when you make a trust. When you make a trust, you have created a legal entity. Now, no one in the world really knows about this legal entity, and they don’t know if it’s actually true. When you make an LLC, if you go online, you could find it. You could say, “Oh, there’s, “it’s an actual legal formation.” But with a trust, it’s kind of more hidden, and people don’t know who.

11 Mar

Does a Trust Override a Will?

Liran Aliav, March 11, 2020

Let’s talk about whether a trust overrides a will. Before I answer that question, you got to understand what trust and a will is. A trust is basically a probate avoidance device where you avoid the courts and do this in a much faster and cheaper way once you pass away for your heirs. A will allows you to go to court and literally is an allowance because it’s a ticket to court. You must go to court if you only have a will. Or if you have a trust and everything is not in the trust then you’ll still.

5 Mar

Issues with Joint Ownership with Siblings

Liran Aliav, March 5, 2020

Today, let’s talk about joint ownership with siblings. So a lot of people own property with their sibling on title and because the sibling is on title they will ask, “What’s going to happen upon death “of one of the people that owns it?” Let’s just say it’s a two brothers owning a piece of property. One brother passes away, what happens? Well it all depends on how title is held. If title is held as joint tenancy or community property with right of survivorship, which it can’t happen because they’re brothers. So in joint tenancy, the other brother will.

3 Mar

Do I Need a Trust If I Just Own a Home?

Liran Aliav, March 3, 2020

We’re going to talk about whether you need a trust if you own a home, right? So, you own one piece of property. Let’s just say, you own one home, and that’s where you live. And you have a modest account in the bank, and you have to ask yourself, do you need a trust? These living trusts, you’ve heard about them. Is it necessary for you? If the house is here in California, the answer is absolutely. There are rarely any houses out here in California that are less than $150,000, and therefore, it will go through probate if.

26 Feb

Can You Sell a House in a Trust?

Liran Aliav, February 26, 2020

We’re talking about whether you could sell a house that’s in a trust. All right if someone put a house in the trust, whether you are able to sell the property on the open market. The general answer is yes. If you’re the trustee of the trust, remember that, it’s important. Trustee is the “property manager” of the trust. They get to make the decisions on whether to sell. They’ll sign the deed, they will get the loan and apply. That person needs to sell the property and to be on board, so the trustee can sell trust assets. An.

24 Feb

Can I Undo Recorded Deeds?

Liran Aliav, February 24, 2020

We are talking about whether you can undo any backyard estate planning. What do I mean by that? Well, a lot of people put their children’s names on title to a piece of property and think that’s the right way to go ahead and do your estate plan. They’re going to forgo many tax benefits for that property and that person might find out today that they did this in a problematic way. Which I will tell them that there’s probably a way to undo all of that and make it all solid, and the way you do that is.

19 Feb

Do Only Rich People Need Trusts?

Liran Aliav, Living Trust, February 19, 2020

We’re talking about whether only rich people need trusts. This is a common conception, it’s a misconception out there that rich people are the only people that need trusts, and it’s absolutely incorrect. The people that need trusts are anybody that have in the aggregate, so total amount of assets, over $150,000. If you have over $150,000, you will go through a process called probate and in order to avoid probate, you must do a trust. You must sit there and draft a trust and then transfer the assets into the trust. That is the only way, not the only.

Older Posts

Who is In – Charge after Death For Burial?

Which One Is Better — A Trust or a Will?

What is a HIPPA Waiver?

What is A Certificate of Trust?

Does a Trust Override a Will?

Issues with Joint Ownership with Siblings

Do I Need a Trust If I Just Own a Home?

Can You Sell a House in a Trust?

Can I Undo Recorded Deeds?

Do Only Rich People Need Trusts?

Recent Posts

Recent Comments

Archives

Categories

Recent Posts

Blog Categories

Tel :(310) 800-2911

Recent Posts

Recent Comments

Archives

Categories

Tags

Recent Posts

Blog Categories