One of the biggest misconceptions I hear is that, if you have a living trust, there are no costs after you pass away. The truth is that both probate and trust administration involve legal and administrative work. The difference is that trust administration is usually...
For years, homeowners could list their property at an ambitious price and hope the market would catch up. In many cases, it did. Today's market is different. Higher mortgage interest rates have changed how buyers shop, how much they can afford and how sellers need to...
When people think about estate planning, they usually focus on major assets such as their home, investment accounts or retirement savings. Ironically, those assets are often the easiest to divide. The greatest source of family conflict is personal property: jewelry,...
Before we get started today, I would like to apologize to my dear friend Dr. Paul. Doc is a permanent fixture in the Lake Arrowhead communities who enjoys reading our paper, especially my wacky-doodle musings. I apparently rattled the good doctor’s cage by not having...
By RHEA-FRANCES TETLEY Historian Skyland Campground – first established in the 1890s on the cliff overlooking San Bernardino – was surveyed and subdivided into vacation cabin sites by developers Ramsay and Charles S. Mann in 1923. The Skyland forest theme they...
There has long been an unwritten expectation that, as we grow older, we should grow smaller. Sell the family home. Purge the belongings. Make room for the next generation. Books, television shows and well-meaning friends all seem to suggest that downsizing is simply...
