Legal Question in Wills and Trusts in California
I am trying to get a home equity loan, the bank keeps telling me that when my husband died our trust was split into two parts, I am being told that I keep vesting my property in the wrong trust? I am lost and do not understand. Can anyone help?
Asked on 11/09/10, 3:20 pm
3 Answers from Attorneys
Michele Cusack
Pollak & Cusack
you should probably deed the property out of the trust temporarily
(note, this is not legal advice)
Answered on 11/15/10, 8:28 am
Gary R. White
Burton & White
The trust documents need to be reviewed by an attorney and then you will be told what you need to do.
Answered on 11/15/10, 10:42 am
Mr. White is correct, preferably the attorney who prepared the trust documents if they are still available.
Answered on 11/15/10, 2:38 pm
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