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Why transferring your property to your children directly is a bad idea Parents sometimes think that one of the easiest ways to secure their property is to simply transfer their property to their beneficiaries (usually children) directly rather than using a trust. If you have multiple children and you transfer your property to them, than each recipient gets a certain percentage of the property. This is a bad idea for two reasons: the first is because if the recipient has pro

Can an H1B holder own property? The answer is yes! If you are on a H1B visa and you wish to buy property to live in or rent out, you can do it. Your visa status has no effect on your ability to buy property, but be advised you may have issues with getting a loan. The lending company will want to have assurances that you do not leave the country and not pay back your loan. So, lenders may want larger down payments, or possibly higher interest rates, or in some cases a co-g

I created a trust and got a property tax assessment! What do I do? If you recently created a trust, or transferred ownership of your property, you could be facing a property tax assessment. Depending on the name of your trust, if the property tax assessor’s office cannot identify the beneficiary they can reassess your property taxes. Your estate-planning attorney should guide you on what to do if you get a property tax assessment from the creation of a trust. For more inf

My neighbor is a pain in the butt! What do I do? Many of the calls that we get involve neighbor disputes. There are a variety of the types of disputes, but one of the most common is a boundary dispute. If this happens to you, the type of action that you would have to file in civil court is a quiet title action. This dispute involves two neighbors usually that are fighting over a boundary wall, fencing, etc. It is advised that you get a survey of your property to understa