A: Fortunately, if the cars are registered with the California DMV, you will not have to do anything to change or update the pink slips. Specifically, this little perk is brought to us by Probate Code Section 13050(b)(1), which excludes any such cars from a decedent’s probate estate.
Q: Once I have a trust, do I have to re-title all of my cars into the Trust?
by Rose Law Firm of Napa Valley, Inc. | Aug 23, 2023 | Estate Planning, Q&A, Title and Deeds |
Categories
- Annual and Lifetime Gift Tax Exclusions (8)
- Business (10)
- Conservatorships (2)
- Español (3)
- Estate Planning (197)
- Joint Tenancy (3)
- Q&A (225)
- Succession Plan (4)
- Title and Deeds (27)
- Trust And Estate Administration (74)
Recent Posts
- Q: Am I allowed to name all of my children as co-trustees of my trust when I pass, or do I have to pick one person to be in charge of carrying out my wishes?
- Q: Am I required to pick one of my beneficiaries as my executor/successor trustee?
- Q: Assuming my estate is large enough, what are some simple steps I can take to potentially reduce federal estate taxes at my death?
- Q: If I die owning a home with a mortgage, will my beneficiaries need to keep paying the mortgage after my death?
- Q: When did Rose Law Firm of Napa Valley open?
Connect with us
Pay Online Here
