Gifting Property to Your Children: Tax & Legal Considerations

The impulse is generous and understandable. A parent who has owned a Monterey Peninsula home for decades wants to see their children enjoy it, wants to simplify the estate while they are alive to explain their intentions, and wants to give rather than make their children wait. What most parents do n

What Happens to a Monterey Peninsula Home When Both Owners Pass

Both parents are gone. You have the trust document. You know the Monterey Peninsula home is in the trust, and you know that, as the named successor trustee, the responsibility for handling it has passed to you. What you may not know is what that responsibility actually requires, in what order, and w

Countering an Offer: Strategy & Psychology

Three offers arrived above asking. The seller, feeling the momentum of a competitive situation, countered the strongest one for more. The buyer, who had already stretched to get to that number, read the counter as confirmation that there was more room in the seller's position than there actually was