Mark W. Bidwell
Trust, probate and will attorney and lawyer in Huntington Beach, CA
California real estate
Successor Trustee, to Sell or Distribute California Real Property
The successor trustee must review the trust for instructions on what to do with the real property. Most often the decedent directs one of two actions; either transfer ownership or sell the real property and transfer the sale proceeds to the beneficiaries of the trust. Ownership transfer is by deed. The deed is signed by […]
Tags: California real estate, California real property, Real property post death transfers, successor trustee
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Decedent or Trust, Who Owns the Real Property?
The Successor Trustee assumes fiduciary duties and responsibilities on the death of the trust owner. The first question in administering real property is “who owns the real property?” Is it the trust or the decedent? Data on who is the rightful owner of real property in California is maintained by the County where the real […]
Tags: California real estate, California real property, fiduciary duty, Heggstad, probate administration, Real property post death transfers, successor trustee, trust administration
Posted in Probate, Trusts | Comments Off on Decedent or Trust, Who Owns the Real Property?
