One goal of estate planning is to ensure assets, including your home, pass to chosen beneficiaries quickly and inexpensively. In real estate, a common strategy to avoid probate is adding others to the title of the property, such as a spouse, children, or other beneficiaries. Many who use this strategy are banking on using the […]
Deeds
What Is the Effect of an Unrecorded Deed? from Austin Estate Planning Attorney Liz Nielsen
A deed is a legal document used to transfer real property ownership rights from one person or entity (the grantor) to another (the grantee). In many cases, this transfer occurs due to the property being sold, with the seller transferring the property to the buyer. Typically, a deed is recorded with the local county recorder […]
Using Real Estate Deeds in Estate Planning from Austin Estate Planning Attorney Liz Nielsen
When using trusts in estate planning, a key element includes transferring the trustmaker’s real estate into the trust by recording a real estate deed with the local recording authority. This step is crucial for ensuring that the trustee has the authority to manage and ultimately sell or transfer the property should the trustmaker become incapacitated […]