Trusts & Estates Law Blog

Tag Archives: beneficiary

This Time, It’s Personal: Beware The Misleading Use of “Personal Property” In Your Estate Planning Documents

Posted in Estate and Trust Planning
It is generally accepted that “personal property” refers to all property aside from real property. But in California, that isn’t always the case when it comes to making gifts of your property in a will or a trust.  California courts actually look to the language used in a document making a gift of “personal property”… Continue Reading

FirstMerit Bank, N.A. v. Diana L. Reese

Posted in Trust
Weintraub attorneys wrote the following case alert for the State Bar of California Trusts and Estates Section regarding FirstMerit Bank, N.A. v. Diana L. Reese. The case alert may also be found on the website for the State Bar of California under Trusts and Estates Section, New Case Alerts. FirstMerit Bank, N.A. v. Diana L.… Continue Reading

Avoiding Acceleration: How to Put the Brakes on Due-on-Sale Clauses when Funding Your Revocable Living Trust with Encumbered Real Property

Posted in Estate and Trust Planning
When it comes to setting up a revocable trust, most people are primarily concerned with avoiding the time and expense associated with the probate process. To avoid probate, it is crucial that legal title to any real property is transferred to the trustee of the trust. In discussing the importance of funding the trust with… Continue Reading