12 September 2025 | 197 replies
All deposits were made directly to the builder/seller's escrow account, with the seller as the beneficiary (please refer to your escrow letter).I am committed to helping resolve this issue between the seller and buyer.
4 September 2025 | 8 replies
Furthermore, if the property appreciates significantly, you can do a cash-out refinance.Other benefits areNot subject to RMDIf you pass away, beneficiaries will get a step up in basisBest of luck to you with the decision you make.
28 August 2025 | 1 reply
. • Registration Type Matters: If the securities are held in a form with a named beneficiary (e.g., a Primary Owner with Secondary Owner or POD beneficiary), the transition process can be quicker. • Dormancy and Escheatment: If no action is taken and the account remains inactive, funds could eventually be turned over to the state as unclaimed property (timeframes vary by state). 3.
8 September 2025 | 101 replies
There were no bidders at the foreclosure sale so the property reverted to the beneficiary (meaning the lender now owns it).
30 August 2025 | 5 replies
A trust itself is by no means simple.Consider sending the trust document with the beneficiary blacked out.
28 August 2025 | 5 replies
The lender will just need to verify that the borrower is a beneficiary and trustee, and majority owner of the trust.
24 August 2025 | 13 replies
In a nutshell, a prohibited transactions is any time you, as the plan beneficiary, provide any financial benefit to the IRA, or when then the IRA transacts business with any prohibited parties which includes, among others, yourself as the plan beneficiary, your spouse, your parents, grandparents, kids, kids spouses, grandkids, grandkids spouses, etc.
25 August 2025 | 13 replies
After a bit research, the best structure seems to be having a land trust to hold the property; a CA LLC with my Wyoming holding LLC as the beneficiary and another CA LLC with my Wyoming holding LLC as the trustee.
20 August 2025 | 4 replies
If I transfer a property from my name to a land trust without me being beneficiary or a CA LLC, would it trigger due on sale clause and reassessment of property value?
20 August 2025 | 2 replies
Try giving them an "AFFIDAVIT OF TRUST' which outlines the parameters of the trust and names the Trustee and their responsibilities, without naming any beneficiaries.