Someone skipped funding the trust?

If you have signed your living trust document but haven’t changed titles and beneficiary designations, you will not avoid probate.

What Does the Term “Funding the Trust” Mean in Estate Planning?

If you are about to begin the estate planning process, you have likely heard the term “funding the trust” thrown around a great deal. What does this mean? And what will happen if you fail to fund the trust?
The phrase, or term, “funding the trust” refers to the process of titling your assets into your revocable living trust. A revocable living trust is a common estate planning document and one which you may choose to incorporate into your own estate planning. Sometimes such a trust may be referred to as a “will substitute” because the dispositive terms of your estate plan will be contained within the trust instead of the will. A revocable living trust will allow you to have your affairs bypass the probate court upon your death, using a revocable living trust will help accomplish that goal.
Upon your death, only assets titled in your name alone will have to pass through the court probate process. Therefore, if you create a trust, and if you take the steps to title all of your assets in the name of the trust, there would be no need for a court probate because no assets would remain in your name. This step is generally referred to as “funding the trust” and is often overlooked. Many people create the trust but yet they fail to take the step of re-titling assets in the trust name. If you do not title your trust assets into the name of the trust, then your estate will still require a court probate.
A proper trust-based estate plan would still include a will that is sometimes referred to as a “pour-over” will. The will acts as a backstop to the trust so that any asset that is in your name upon your death (instead of the trust) will still get into the trust. The will names the trust as the beneficiary. It is not as efficient to do this because your estate will still require a probate, but all assets will then flow into the trust.
Another option: You can also name your trust as beneficiary of life insurance and retirement assets. However, retirement assets are special in that there is an “income” tax issue. Be sure to seek competent tax and legal advice before deciding who to name as beneficiary on those retirement assets.
Law Office of Joan Medeiros

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funding the trusts, retirement assets protection, sacramento estate planning, elder law, sacramento trusts, sacramento special needs trust, sacramento estate planning attorney, Sacramento Notary Public Certified Signing Agent, Apostille, Authentication, embassy legalization, Apostilla service
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Email at work, privacy.

Email @ Work: Is There Any Expectation of Privacy?

The proliferation of high-speed communication devices have made us more productive and more vulnerable in terms of our privacy. Desk-bound workers may be tempted to use the office email account to engage in personal communications – however, they do so at some risk to their privacy. How much privacy can employees expect for their electronic communications at work? Practically speaking, it is safe to presume everything may be monitored by your employer.
The law generally favors employers’ interests over employees’ privacy. Employers clearly have a legitimate business interest in tracking employee time and productivity. Additionally, employers must ensure their workers are not engaging in any illegal activity or releasing trade secrets. The law permits employers to read employee email messages; if there is a company policy in place that assures employees that email messages will remain private, a worker may be able to argue that there was a reasonable expectation of privacy, but the effectiveness of that argument varies. The courts have generally upheld employers’ rights to monitor and read their employees’ email messages, particularly when there is a compelling, business-related reason for doing so.
There is, however, a law that affords employees some protection of their privacy when accessing personal email accounts, such as Gmail or Hotmail. Should the password to a personal email account fall into the wrong hands, the employer is prohibited from using that information to access the employee’s personal emails without the employee’s permission. Under the Stored Communications Act, such conduct is a crime and also creates a civil cause of action for damages. Keep in mind that accessing these accounts from a work computer can give the employer the right to read messages employees send or receive using company equipment. However, the employer is not permitted to log in and view other personal email communications.
Law Office of Joan Medeiros

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sacramento communications, email, employees privacy, Sacramento employers, sacramento estate planning, elder law, sacramento trusts, sacramento special needs trust, sacramento estate planning attorney, Yelp Estate Planning attorney sacramentoSacramento Notary Public Certified Signing Agent, Apostille, Authentication, embassy legalization, Apostilla service, Sacramento fingerprinting huellas digitales
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California Housing Finance Agency new rating

California Housing Finance Agency
Applauds Standard & Poor’s Ratings Upgrade

SACRAMENTO, December 16, 2013 – The California Housing Finance Agency
(CalHFA) said today that it is pleased that Standard & Poor’s Ratings Services (S&P)
has raised its long-term rating and underlying rating of CalHFA’s Home Mortgage
Revenue bonds from BBB to A-.

“This upgrade is great news for CalHFA and for Californians who look to CalHFA to help
them achieve their dream of homeownership,” said Claudia Cappio, Executive Director
of CalHFA. “With a stronger credit rating, CalHFA will now have more financing options,
which should lower our borrowing costs and allow us to expand our lending for low and
moderate income, first-time homebuyers.”

Amid the financial crisis and downturn in the California real estate market, CalHFA’s
debt had been downgraded twice by S&P – in April 2010 and again in May 2011.

“CalHFA worked diligently through the financial crisis to manage our agency’s balance
sheet,” Cappio said. “This upgrade is a culmination of work that has occurred behind the
scenes for many years by our team at CalHFA.”

For more than 35 years, CalHFA has supported the needs of renters and first-time
homebuyers by creating and financing progressive housing solutions so more
Californians have a place to call home. CalHFA is a self-supported State agency, and
the bonds it issues are repaid by revenues generated through mortgage loans, not
taxpayer dollars.

For more information on CalHFA’s first-time homebuyer programs, please visit
www.calhfa.ca.gov or call 877.9.CalHFA (877.922.5432).

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Sacramento Notary Public, Loan Signing, Spanish Translation

California Mobile Notary Network

Apostille service, California legalization of documents same day service.

 

 

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Sacramento Mobile Notary Signing Agent

Sergio Musetti,  Italian, Spanish – General Notary, Loan Signings, fingerprinting
Loan signing areas coverage: Sacramento, Yolo, El Dorado, Placer
Tel  (707) 992-5551 – Skype: spanishvoice

Sacramento Mobile Notary.  Certified Signing Agent and Notary Public since 2003, Sergio Musetti provides prompt, professional, “white glove” service to business and individuals, 24 hours a day, seven days a week.

Member of the National Notary Association and the California Mobile Notary Network, Sergio offers his services to attorneys, escrow officers, real estate agents, loan consultants, loan officers, mortgage brokers, hospitals, and the general public notarizing legal, business, real estate, financial, medical, electronic and other documents at your office, residence, or any other location convenient to you, like Starbucks. Corporate filings.

Areas of Service: Sacramento County general notary. Additional services: fingerprinting,  Spanish translation and interpreting. Apostille Service. Legalization of documents to use outside United States. Source of Title.
Servicio de Apostilla. Languages spoken: English, Spanish, Italian

Loan Related Services

The notary public is often the only person your clients ever meet in person. Let the face they see be the California Mobile Notary Network member who will represent your company in a professional and confidential manner and assure that your client receives the highest level of customer service. We meet with your clients at their home, workplace or other location of their choice at the time that is most convenient for them.

NOTARY SIGNING AGENT
A Notary Signing Agent is a Notary Public who is hired as an independent contractor to ensure that real estate loan documents are properly executed by the borrower, notarized, and returned for processing.  A Notary Signing Agent is not an employee of the lender or title company, but acts as a neutral third party to confirm the identity of the signer and assure that all documents are signed correctly.  Since state law and lenders often require certain forms to be notarized, a valid Notary commission is essential for persons performing loan document signings.  Typically, the Notary Signing Agent contracts with the lender or with a title or escrow company in the transaction to facilitate the signing.

Notary Signing Agent Services

  • Purchase
  • Refinance
  • Piggy-Backs (1st and 2nd)
  • Home Equity Lines of Credit (HELOCS)
  • Investment/Vacation Property Loans
  • Reverse Mortgage
  • E-Signings (Some Agents)
  • Structured Settlements
  • Fidelity Company approved (Some Agents)

Notary Services

Our network members are available to notarize many different types of documents.  Some of the most common are listed below ~

  • Adoption Paperwork
  • Advance Health Care Directives
  • Affidavit of Support
  • Apostille
  • Application for Domestic Partnership
  • Complete Loan Packages
  • Declaration of Homestead
  • Deed of Trust
  • Grant Deed
  • Marital Settlement Agreement
  • Medical Records
  • Patent Agreements
  • Permission to Travel
  • Power of Attorney
  • Pre-Nuptial Agreement
  • Quit Claim Deed
  • Spousal Consent Form
  • Timeshare Documents
  • Traffic School Final Exams
  • Trust Documents

Sacramento Mobile Notary Spanish Signing Agent, http://westsacramentonotary.com Sergio Musetti Tel 1-707-992-5551

Sacramento mobile Notary Signing Agent.

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Mortgages update

Wednesday September 11, 2013
MND NewsWire – 9:05AM
The rally in refinancing reported last week by the Mortgage Bankers Association (MBA) was short lived. Rates rose again during the week ended September 6, sending refinancing applications …
Mortgage Rate Watch – 5:30PM
Mortgage rates changed course yet again, this time heading back down after yesterday’s rise ended a reasonably strong 2-day move lower. Today’s improvement brings most lenders back …
MND NewsWire – 2:16PM
Despite a lawsuit and threats from the securities industry and the federal government to cut off its credit, the City Council in Richmond, California voted this morning to take another …
MND NewsWire – 5:21PM
The credit crunch, the financial collapse, and the ensuing deep recession will likely stand as the most significant financial events of our generation Richard Cordray, Director of the …
MND NewsWire – 10:58AM

“This is a repeat in a way of 2008. Refinancing dried up because equity was lost and no one was purchasing due to falling values, job losses, and guidelines tightening dramatically. The government had to step in and manipulate rates downward, offer buyers a tax incentive, and they came out with HARP …”

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Sacramento Mobile Notary

Apostille Service

SendOutCards

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Yelp, Sacramento Mobile Notary, Apostille service, Spanish Translation

Yelp, Sacramento mobile Notary Public Signing Agent, Apostille Service,  Spanish Translation

Yelp, Sacramento mobile Notary Public Signing Agent, Apostille Service, Spanish Translation



Sacramento mobile Notary Public Signing Agent
General traveling Notary service, Loan Signings.

Apostille service
California legalization of documents

Spanish English Translation.

Sergio Musetti Tel 1-707-992-5551

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Sacramento Vitek Mortgage Group


Name
Branch Location Phone Number
Aukes, David Sacramento Branch (530) 304-5519
Bartley, David Sacramento Branch (916) 974-4144
Brownfield, Kevin Sacramento Branch (916) 974-4162
Fuller, Esther Sacramento Branch (916) 715-7244
Jamet, Evelyne Sacramento Branch (916) 452-8800
Kuang, Robert Sacramento Branch (916) 974-4170
Lambert, Chase Sacramento Branch (916) 974-4145
Loris, Nick Sacramento Branch (916) 974-4151
Maghan, Tim Sacramento Branch (916) 974-4152
Mata, Jason Sacramento Branch (916) 798-4733
Olson, Marlena Sacramento Branch (916) 486-6931
Petee, Dee Sacramento Branch (916) 974-4146
Russell, Jason Sacramento Branch (916) 974-4171
Terrazas, Dustin Sacramento Branch (916) 974-4169

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Sacramento Loan consultants

Sacramento Mobile Notary Signing Agent

Comstock Mortgage
Dave Bonk
Loan Consultant
CA BRE Lic. #01739005
NMLS #356503
Branch: Sacramento
email

Wally Borland
Loan Consultant
CA BRE Lic. #00683780
NMLS #219570
Branch: Sacramento
email

Gary Clark
President
Branch: Sacramento
email

Valerie Dreher
Loan Consultant
CA BRE Lic. #01029416
NMLS #252974
Branch: Sacramento
email

Robin Erickson
Processing Manager
Branch: Sacramento
email

Scott Filby
Senior Loan Consultant
CA BRE Lic. #00908377
NMLS #312773
Branch: Sacramento
email

Jeannie Gardner
Loan Consultant
CA DBO Lic. #281697
Branch: Sacramento
email

Steve Germoles
Owner/ Vice President/ Sr. Loan Consultant
CA BRE Lic. #00861155
NMLS #299002
Branch: Sacramento
email

Jennifer Gonzales
Senior Loan Consultant
CA BRE Lic. #01219856
NMLS #305526
Branch: Sacramento
email

Robert Grove
Owner/Vice President/Sr. Loan Consultant
CA BRE Lic. #01111201
NMLS #291459
Branch: Sacramento
email

Doug Hallstrom
Certified Mortgage Planner
CA BRE Lic. #01013621
NMLS #296948
Branch: Sacramento
email

Kristie Harlan
Operations Manager
CA BRE Lic. #01159596
Branch: Sacramento
email

John Hartman
VP Secondary Marketing
Branch: Sacramento
email

Pete Jensen
Senior Mortgage Consultant
CA BRE Lic. #01233053
NMLS #274973
Branch: Sacramento
email

Jon Kaempfer
Sr. Mortgage Loan Originator
CA BRE Lic. #01058417
NMLS #275861
Branch: Sacramento
email

Brad L’Engle
Senior Loan Consultant
CA BRE Lic. #01389930
NMLS #249309
Branch: Sacramento
email

Roy Macy
Owner/ Vice President/ Senior Loan Consultant
CA BRE Lic. #00146364
NMLS #249110
Branch: Sacramento
email

Dave Mendoza
Vice President/Branch Manager/Owner
CA BRE Lic. #01000837
NMLS #243859
Branch: Sacramento
email

Terry Moore
Loan Consultant
CA BRE Lic. #01449526
NMLS #249305
Branch: Sacramento
email

Thomas Putnam
Loan Production Manager
CA DBO Lic. #634515
NMLS #634515
Branch: Sacramento
email

Micheal Rich
Northwest Division Manager
Branch: Sacramento
email

Steve Romero
Mortgage Planner
CA BRE Lic. #01128590
NMLS #300136
Branch: Sacramento
email

Carolyn Smith
Underwriting Manager
CA BRE Lic. #01166347
NMLS #277924
Branch: Sacramento
email

John Volk
Loan Consultant
CA BRE Lic. #01878100
NMLS #295449
Branch: Sacramento
email

Lori Volk
Controller
Branch: Sacramento
email

Brad Wiese
Senior Loan Consultant
CA BRE Lic. #00756646
NMLS #305741
Branch: Sacramento
email

Brent Wilson
Mortgage Strategist CERTIFIED FINANCIAL PLANNER*TM
CA BRE Lic. #01102706
NMLS #297693
Branch: Sacramento
email

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Local Services



Local services for homeowners, compare prices, get a quote, Sacramento

Hire a pro,

If you are a professional, get hired!
more information here

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Sacramento Deal of the Day

Window Cling Solar Charger

Charge Phones, MP3 Players and More


  1. Reduce your carbon footprint while keeping your devices running!
  2. Attach the charger to a sunny window in your home, office or car
  3. Compatible with any device that requires a USB port
  4. Can be charged using outdoor or indoor lighting
  5. 4.5-inch square design with internal 1800mAh polymer battery
  6. Available in 5 colors: black, silver, white, green and red

Guess the price!?

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