How Do Children Inherit Real Estate From A Trust?
Passing It On: Estate Planning for Families · Michael Pevney
October 4, 20241m 52s
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Show Notes
Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com When children inherit real estate through a trust, the terms and conditions of the trust dictate how they receive that property. As the person creating the trust, you have the flexibility to set specific terms. This could range from strict guidelines—like requiring the property to be sold or rented, or only allowing them to access it after meeting certain conditions like reaching a certain age or financial milestone—to simply having them inherit it outright with no restrictions. Trusts are powerful because they allow you to customize the distribution of your assets in a way that best suits your family's needs. If you're in California and want to create a trust that sets clear terms for how your children inherit real estate, click the link in my bio to learn more or to schedule a consultation. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty