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rental properties should typically go inside of a trust just like a primary residence. It receives t

rental properties should typically go inside of a trust just like a primary residence. It receives t

Passing It On: Estate Planning for Families · Michael Pevney

April 8, 20241m 41s

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Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com rental properties should typically go inside of a trust just like a primary residence. It receives the same benefits of a trust. First, it avoids the cost of probate. Second, you have a lot of control over what happens to it after you are dead. Third, trusts are private probate is public. Fourth, it avoids the time and hassle of probate. Probate can easily take a year and a half where I practice in California. #RentalProperty #Probate #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty