I got a call the other day from Larry. Larry is very concerned that his mother’s trust will be challenged. Mom’s second husband died several years back. Mom and her second husband each had their own children from their first marriages. At the time of the second husband’s death his children received what amounted to his assets and property. Larry’s Mom then…
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Beneficiary Deeds are a handy and valuable tool. Used properly, they transfer ownership of real estate instantly and automatically upon the death of the person or persons who created the deed, bypass probate, and they are relatively inexpensive. So — why doesn’t everybody use them all the time? The simple answer is — everything has a time…
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