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Estate Planning | Abio Properties Blog

Wednesday, September 19, 2018   /   by Abio Properties, Blogger

Is Your Property in a Living Trust?

We have trust issues.

When legendary singer Aretha Franklin died recently, she didn’t leave a will or a trust for her estimated $80 million estate. No instructions about how to split her assets among her four children or deal with creditors and extended family members who might claim portions of her estate.

That got us thinking. More than half of Americans don’t have a will or trust – important estate planning documents that, after a person dies, allow their survivors to avoid an expensive and long probate process.

“We have a responsibility to talk to our friends, families, and our clients about how crucial it is to protect the things they worked so hard for,” says Abio real estate agent Vikki Bearman. “Especially in California, where, for many of us, our biggest assets are our properties.”

So, here is our primer on wills, trusts, and probate:

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Abio Properties
4200 Broadway
Oakland, CA 94611
888-400-2246
CA DRE# 01403911
985 Moraga Rd, Suite 212
Lafayette, CA 94549
888-400-2246
CA DRE# 01403911

 photo combinedLogo_zps6tkjf92d.jpg © 2018 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: 12/10/2018 1:09 AM CST Website provided by: HBN Media/Commissions Inc.
 photo combinedLogo_zps6tkjf92d.jpg © 2018 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: 12/10/2018 1:09 AM CST Website provided by: HBN Media/Commissions Inc.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Date last updated:December 10, 2018
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