jeudi 23 août 2018

Trusts: Estate Planning and Transfer of Out of State Property into Will

My question involves estate proceedings in the state of: CA

I’m thinking of doing a complete estate planning that consist of a living trust and will and health care directive and power of attorney in the state of California. I have a few California properties and one out state property in North Carolina. Couple of the attorneys I have talk to, quoted me a fixed price that includes funding the trust and transferring the three properties, including the out of state property, into the trust. One attorney quoted me an hourly rate but didn’t give an exact time frame which worries me that it could be very expansive in the end. I found one attorney that I really like however this attorney says he needs to refer me to a North Carolina attorney for the NC property, because he is only licensed in the state of California and and thus, can only prepare California deeds. NC attorney charges around $250-$300 to do this.

I don’t understand. She’s the only one stating this. Other CA attorneys said they can do it without paying a North Carolina attorney. Does that attorney not know what he is doing or is he nervous about transferring out of state properties into the CA trust?


Trusts: Estate Planning and Transfer of Out of State Property into Will

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