Uncategorized

Resources for Attorneys

Important Links Complete List of California Government Services (Assessor, Recorder, Tax Collector and Superior Courts) California Resources Understanding Property Tax Treatment of Trusts, California Trusts and Estates Quarterly California Legislation 2015 Affecting Probate Estates, Trusts, Guardianships and Conservatorships by James R. Birnberg, Esq. (published with his consent) California Controller’s Unclaimed Property Main Page California Courts California Probate [...]

Frequently Asked Questions for Borrowers

Q:  What California probate (or trust or estate) loan financing options are available for fiduciary and individual borrowers? A:  For estate or trust realty, borrowers are qualified similar to traditional mortgage lending, based on income, creditworthiness and other factors. Usually, borrowers may draw upon as much as 80 percent of the property’s value (occasionally more). […]

Obtain a Probate Loan

To start the process of obtaining a Probate Loan, please email or fax the following items: Amount Requested and for What Purpose; Petition for Probate; Order for Probate; Letters; Inventory & Appraisal (or property address); and Decedent’s Death Certificate (Required by Title Company). Email: EstateLoan@gmail.com Fax: 855.304.7381  

Obtain a Trust Loan

To start the process of obtaining a Trust Loan, please email or fax the following items: Amount Requested and for What Purpose; Property Address; Any Appraisal(s): Trust Declaration; Any Amendments or Restatements; and Last Trustor/Settlor’s Death Certificate (Required by Title Company). Email: EstateLoan@gmail.com Fax: 855.304.7381

Non Pro-Rata Distributions to Avoid the Property Tax Reassessment Event

In my business of arranging loans to trusts and estates, I often make loans in order to eliminate the Property Tax Reassessment Event when the transfer of real property is between parents and children or grandparents and grandchildren. A common strategy to prevent a property tax reassessment event, and the resultant higher property tax, is […]

New Loan Product for Trusts and Estate

In my business of arranging loans to trusts and estates, I tend to find numerous trusts and estates in the process of selling real property.  Many of the properties have liens and mortgages and have been physically neglected. First Probate Loans now offers a junior position, straight note of less than 12 months to assist […]

Paying Off a Reverse Mortgage

In my business of arranging loans to trusts and estates, I pay off a significant number of reverse mortgages. As more seniors turn to reverse mortgages, surviving spouses or adult children become overwhelmed when one or both of their parents eventually dies. When a reverse mortgage borrower dies, the loan becomes due and payable; and, […]

Encino Law Center
15915 Ventura Blvd.
Suite 203
Encino, CA 91436

How Can We Help? Contact Us Today

Send us an email via the form below, or call our office directly. We look forward to assisting you with your Probate and Trust Loan needs.