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13 August

What is A Certificate of Trust?

Liran Aliav, August 13, 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.

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31 July

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

Liran Aliav, July 31, 2020

If you own a home in California and it is worth at least $150,000, then you need to make sure to have a Living Trust. It does not matter if this is your only piece of property or if you have only moderate funds in your bank account. If your home is worth over $150,000 then it can go through probate after you pass if it is not included in your trust. A lot of people assume a trust is only necessary if you are extremely wealthy or own multiple pieces of property. But, when you think about estate planning,.

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27 July

Can You Sell a House in a Trust?

Liran Aliav, July 27, 2020

Being in charge of a trust can be a little overwhelming at first but, with the right counsel, you will be able to understand your role and become familiar with what you are able to do and not able to do. One major concern is the issue of property and whether or not you are able to sell a house in a trust. Well, the answer is yes, as long as you are the trustee of that trust.  What is the Difference Between a Trustee and a Beneficiary? When a trust is created, there are several roles to be considered..

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22 July

Do Only Rich People Need Trusts?

Liran Aliav, July 22, 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.

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  • Home
  • Services
    • Estate Planning
    • Probate / Trust Administration
    • Asset Protection
    • Real Estate Disputes
    • Minimize Nursing Home Costs
    • Minimize Estate Taxes
  • Blog
  • About Us
    • Why we are different
    • Meet The Founder
  • Contact Us
  • Start here
  • ESTATE PLANNING
    FREE CASE STUDY
  • ASSET PROTECTION
    FREE CASE STUDY