There are basically two types of property law in the United States. One is common law property, which is based on British law, and the other is community property law, which is based on Spanish law. Those states where the Spanish influence was strong tended to become
Inheritance and estate planning are too easy to postpone. Even though life is fragile, we tend to think we will live forever. You can probably come up with a number of reasons to postpone your estate planning. I don’t want to hear them. Your parents can probably
“How do I put property into a trust?” is a question I often get after someone forms a living revocable trust. This is an important question. Putting property into a trust is also known as funding the trust. Funding a trust is the engine that runs a
Everyone needs a will, but it is important to understand what type of will to use and why to use it. I am a proponent of trusts. In my mind it is a good idea for everyone to have a living trust. The advantage of a trust