Legal Question in Real Estate Law in California

How to hold title on real property

My 2 kids inherited acreage when

their Dad died. They need to hang

onto it for awhile. How should they

hold title? They don't want each

other to be able to sell their share,

but also don't want their portions to

be legally tied to each other if one

has problems( one is sort of a

deadbeat) Both over 21 Thanks


Asked on 3/06/08, 5:27 pm

1 Answer from Attorneys

Mitchell Roth MW Roth, Professional Law Corporation

Re: How to hold title on real property

This may seem like a simple question, but it is not.

You may want to get my a free download of my Special Report, The 7 Most Common Mistakes Made by the Middle Class in Planning For the Inevitability of Death and the Likelihood of Disability, and How to Avoid Them." You can get it at my site, www.IWant2CreateMyLegacy.com. You should probably also get my book, Create Your Legacy & Save the American Middle Class. It contains the information that I developed for lay audiences in hundreds of seminars to thousands of people. It will answer nearly all of your questions about how to protect a family from the financial catastrophe that can often accompany the inevitabilty of death and the likelihood of disability. It includes a chapter on how to hold title to real property, the advantages and disadvantages. Both are terribly important. A lot of people don't realize that conservatorship is the fastest growing lawsuit in America and the average conservatorship lasts 3 years today. That is because medicine has gotten better and better at keeping us "alive" ofen under the worst circumstances.

The book contains a copy of the "LEGACY LIVING TRUST PACKAGE". It is, as far as I know, the only complete living trust planning package written in what I call "people ease" rather than legalese. Anyone reading at a 10th grade level should be able complete the package themselves with the information in the book. It is designed to be valid in all 50 states and even contains forms for making amendments when the desire to do so appears.

The book is $29.95. About the cost of a six minute consultation with me personally. One can download the trust package for $79.95. For more info or to buy the book, go to www.IWant2CreateMyLegacy.com.

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Answered on 3/06/08, 5:51 pm


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