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Tax, SDIRAs & Cost Segregation

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Frances Regalado
Pro Member
  • Investor
  • Pasadena, CA
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16
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Avoiding Probate

Frances Regalado
Pro Member
  • Investor
  • Pasadena, CA
Posted Jan 5 2015, 16:40

Good Evening,

Scenario In California:

You're named Executor of a Living Trust with a piece of real estate, which you find was refinanced multiple times and not put back into the name of the Trust. 

If you petition the court (in California) to get the real estate back into the Trust to avoid Probate, how much work does this involve? How likely is it that the Court will allow it back into Trust? What type of fee would you expect a lawyer to charge for such action?

I'm asking, as I'd like to find out if an estimate recently rec'd is fair? Property was only held in deceased name. I'll call another lawyer to get a 2nd quote, but if anyone has any idea about a reasonable fee, I would appreciate hearing about it.

Thanks,

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