The greatest financial part of most decedents' estates and trusts is usually tied up in the decedent's house. The equity in these houses, or "net housing wealth," is often the focus of estate, trust and probate litigation. While California net housing wealth varies enormously depending upon geographic areas, estate house fights exist across the economic spectrum.
House prices in Northern California, particularly the job hubs of Santa Clara County, the East Bay and San Francisco, are hitting all-time highs. The same is true for parts of Southern California. Net housing wealth in San Diego is exploding as well. Places like Del Mar and Encinitas are in great demand, and prices are accelerating. In the meantime, Los Angeles home prices are continuing to climb higher and higher.
Where there is estate wealth, there is also the increased possibility of estate fights. These fights often address financial elder abuse, undue influence and abusive power-of-attorney activities. It is not uncommon for wronged heirs and abused trust beneficiaries to first learn of a wrongdoer's actions soon after the death of a parent.
Given the fact that we regularly represent wronged heirs and abused beneficiaries in both probate court and civil court actions, it is little wonder that we get an up-close look at California's housing market. We have been teased at times that we are almost like house movers - working to move title from a wrongdoer to rightful heirs or trust beneficiaries.
You may not need to move a house, but if you need to speak with an estate litigation attorney about a trust or probate dispute, call us at Hackard Law. We will be happy to speak with you. You may reach us at 916-313-3030.