Many of our clients own real property outside the state of California. Please remember that it is important that the property is transferred to your living trust, otherwise that property may be subject to probate in that state. Falk, Cornell and Associates can assist you in the transferring of such real property. Keep in mind that our attorneys only practice law in the state of California, so if you own property outside of California Falk, Cornell and Associates hires a firm in the state you own property to transfer such real property. The cost to have such real property transferred to your living trust is subject to the attorney in the state where the property is located. In most states the cost varies from $250.00 to $300.00, however, in some state the cost can be as high as $450.00. Falk, Cornell and Associates charge a nominal fee for the facilitation of the process.
It is extremely important that if you own any real property outside of California that such real property be titled in your living trust. If your out of state real property is not in your living trust please contact our office.
