Susan has lived in the Conejo Valley since 1975 and has been helping buyers and sellers in the area with their real estate needs for over 25 years (20 years as a licensed real estate broker). Her years of experience in all kinds of real estate markets has given her the ability to competently handle her clients transactions whether she's working with the local "move up" family, the corporate relocation transferee to the investor doing a 1031 tax-deferred exchange. Her persistence and dedication to meeting her clients needs are apparent whether she's working with the experienced seller or the first time buyer. Susan takes pride in the fact that 80% of her business comes from return clients or client's referrals - the best measure of her success in her real estate.
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| Q: SHOULD I HAVE A FAMILY TRUST? |
| A: Family Trust, Intervivos Trust and a Living Trust are all the same legal tool; only the names are different. The primary purpose of such a trust is to allow the transfer of assets to your heirs without the involvement of the Probate Court. The fees charged by an attorney to prepare a family trust will range between $600 for a simple trust to $1,000 for an involved trust. The attorney's fees for the probate of an estate of $300,000 are fixed by law and would be $5,500. Additionally, the probate procedure can take a year or more to complete. Assets in a family trust can be transferred immediately provided the term and conditions of the trust permit. You should secure the advice of an attorney concerning the creation of any trust agreement. |