life estate

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What Is the Difference Between a Trust and a Life Estate?

What Is the Difference Between a Trust and a Life Estate?

By Ilyce Glink| 2020-05-12T11:08:42-05:00 May 12th, 2020|

What is the difference between a trust and a life estate? And is it easier to sell a home that's held in a trust or in a life estate? Q: Not really a question as much as a comment. As a Realtor for 34 years I’m not a fan of trusts, so I’m disappointed in your [...]

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How to Manage a Life Estate

How to Manage a Life Estate

By Ilyce Glink| 2018-06-15T11:15:44-05:00 March 30th, 2018|

How to manage a life estate: This older form of transferring an estate can cause a lot of confusion. Here’s what you need to know about your obligations. Q: My dad quit claimed his house to me but if he wants, he can live there his entire natural life. Does that mean I own the [...]

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