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Julian , California
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June 22, 2011     The Julian News
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June 22, 2011
 

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June 22, 2011 California Commentary Remove The "Lawyer Tax" On Real Estate by Jon Coupal and Jennifer Marks When confronting a complex Montana, Nevada, New Mexico, legal issue, it is wise to seek Ohio, Oklahoma, and Wisconsin the professional advice of an all allow homeowners to simply attorney. Regrettably, however, some issues have been rendered unnecessarily complex in order to protect the "turf" of the legal community. This is exactly what happens in California when it comes to designating a beneficiary for your real property. Under current law, real estate is passed to heirs through a will, trust or by joint tenancy with right of survivorship. Wills have to be probated through Probate Court, a costly and time- consuming process that entails both attorney and court fees. Trusts are usually created by an attorney and need to be updated periodically. Both methods are unnecessarily expensive. There is no need to make the inheritance of real estate so difficult that it becomes a hardship on homeowners, especially low income families and seniors. Assemblyman Don Wagner has introduced a bill, AB 699, to cut through the costly red tape and allow homeowners to simply file a Revocable Transfer- on-Death Beneficiary Deed to pass property on to a designated heir. Homeowners would simply file the R-TOD deed on top of their existing deed in the county Recorder's Office. This deed could be revoked at any time, and a new R-TOD deed substituted, thus allowing the homeowner to change beneficiary(s) or switch to an entirely different inheritance vehicle. And it can all be done without a lawyer. Thirteen other states in the US are currently using similar beneficiary deeds. Arizona, Arkansas, Colorado, Indiana, Kansas, Minnesota, Missouri, designate a beneficiary for their real estate, cutting out the delays and costs that riddle the California inheritance system affecting real property. Similar bills have been introduced in the Legislature three times before. Each measure was passed by the Assembly but was derailed in the Senate by trust/ probate attorneys who are united by their desire to protect their own professional and financial interests. The duty of our legislators is to work for the best interests of our citizens, not to line their pockets by perpetuating a self-serving inheritance system. Real Estate remains the only major asset that cannot be transferred to heirs through a transfer on death title and it is time for reform. People with small estates should not have to hire attorneys and incur big legal bills just to pass a modest house on to their kids. Younger people, who stand to inherit the family home, would also benefit, as they are the ones responsible for paying the legal costs. People with larger estates, who prefer to use wills or trusts to pass on more valuable or complex properties, can still do SO. Assemblyman Wagner's bill is now being considered in the Legislature. It is time to free homeowners and their heirs from the "lawyer tax." If the system is to be reformed to benefit average folks instead of self-serving attorneys, state Senators need to hear from the public. Jon Coupal is president of the Howard Jarvis Taxpayers Association. Jennifer Marks is an advocate for seniors. R.F.I). OU GOT ONE,TOO, EM ,-fiNKF.-R? N  G Some Sage Advice by Borrego Bill Dickson 4 rules for a man with a wife over 50 1. Never debate an issue: "You're shot down before you hit the podium." 2. Never try to voice your opinion: "You're not entitled to one." 3. Never express your point of view: "You're whistling in the dark." 4. Most important!!! "Keep your mouth shut and your wallet open." Weekly SUDOKU by Linda Thistle 1 6 3 5 1 4 8 2 9 3 1 5 2 8 8 2 7 6 5 7 3 9 5 3 2 4 6 5 9 1 Place a number in the empty boxes in such a way that each row across, each column down and each small 9-box square contains all of the numbers from one to nine. DIFFICULTY THIS WEEK: * * * Moderate ** Challenging **. HOO BOY! © 2011 King Features Synd., Inc. The Julian News 13 mmt+00l HOMES. CABINS. LAND. P, ENTAI . PROPERTY MANAGEMENT . VACATION RENTALS II 0 • , zol9 Main Street www.julian-realestate.com 7€,,,.765.01ul1 IJ Great Locale, ample parking, easy access, well on property, 2 well maintained buildings and a 700 square foot rental cabin. Business sold separately $725,000 Panoramic View Home on 8.41 acres, 2 garages, 2,756 sq.ft. 6 bdrm/3 bath, remodeled. $570,000 Julian Estates - 3 bedroom, den, 2 bath, 2 car garage, 2200 sq. ft., 4.42 acres. Wood Interior, Lodge Feeling. $439,000 Rustic 2 Bd / 1 Bath Home in Kentwood II with separate guest cabin on naturally landscaped .28 acre lot. Close to Julian and easy access. $150,000 This Cuyamaca Lake view custom home in on 4+ acres 3 br, 2ba, 3 car garage, guest suite, 1330 sf bonus room and many custom features $1, 3:r5,000 3Bd/2Bath, 1703 sq.ft, on 2.51 acres. Customized 2006 Solar Home in Cuayamaca Woods. Well - 92 gpm. Panoramic Views! Priced at $450,000 Custom home on 8 acres and Great views. 2470 sq. ft, 3br/3ba/4car with gourmet kitchen workshop and 2 sunrooms, plus RV hook-ups for up to 35ft. Priced for quick sale $489,000 REDUCED TO $599,000 +ru,y custom,n Ju,,an Estates 3 bedroom II ( 3 bath, den, 2 car garage on 6.89 acres. 2 master suites, one handicap accessible. Mature forest plus orchard and horse property. .... ++ $429,900 2.53 level acreage of natural beauty with Wynola Estates - 3 bd. 2 I/2 bath, 2642 coy pond surrounds this 3Bd/1 1/2 bath sq.ft., 2 car garage, workshop, newly home in Wynola Es.tates. 1813 sq.ft, painted, move-in ready on 2.5 acres view Priced at $425,000 lot $519,000 11/4.32 acres on Eagle Peak Rd. Septic, Well, Electric, Panoramic Views $175K 3/2.5 acres - Harrison Park, well, elec., $99,900 /.49 acres - Harrison Park Lot - ready to go! - $30,000 /11+ acres with ocean views and all utilities. $150K " 8 acres - Pine Hills -Perc test, Septic Layout & Surveyed. Panoramic views Electric Nearby REDUCED TO $160K and ...... 6,32 acres - Pine Hills - Incredible view lot. Completed Perc Test, Survey and Septic Layout. REDUCED to $175K ~ Both los at a discounted rate of $320K 896 sq. ft. Upgraded 2br/lba cabin with 2 fireplaces and 2 covered patios. 37 Acres. Year-Round Creek ACROSS 1 Seeks answers 5 Couric's network 8 "Zounds!" 12 Beehive State 13 Chop 14 Unchanged 15 Bogart- Bacatl movie 17 Animal's stomach 18 Swimsuit brand 19 Red- orange fish 21 Skillet 22 Old fogy 23 Actress Zadora 26 Edge 28 Card-game rulebook 31 Frizzy coiffure 33 Taxi 35 Insult 36 Highway warnings 38 Go down slightly 40 Early bird? 41 Hasn't paid yet 43 "Great!" 45 Rent payer 47 Sedative 51 Winged 52 Snail, on a French menu 00trange • It was American author Paul Auster who made the following sage observation: "Only the good doubt their own goodness, which is what makes them good in the first place. The bad know they are good, but the good know nothing. They spend their lives forgiving others, but they can't forgive themselves." • If summer where you are is starting to heat up, just be grateful you don't live in western Australia. There, the average temperature is 96 degrees F. -- all year long. • Those who study such things claim that the supposed pirate Crossword I 2 12 15 18 II g 10 11 29 30 48 49 50 23 24 25 31 36 ll 45 46 51 54 57 54 Tennyson poem 55 Alias abbr. 56 Gator's kin 57 Picnic invaders 58 Wire measure 59 "Thirty days 8 Portuguese 34 Lens created pre-euro by Ben money Franklin 9 Ugly-faced 37 D.C. VIP waterspout 39 Hemingway 10 Asian nurse- nickname maid 42 Fulton's 11 Moist in the power morn source 16 Hebrew 44 Canoe month material DOWN 20 "- -la-la!" 45 Author 1 Diving birds 23 Joad and Janowitz 2 Staircase Kettle '46 Verve component 24 "- Were 48 Ta Mahal 3 Comic King" city Danny 25 Any of 49 Tugboat 4 Drag (Vat.) Jason's crew noise 5 Habitual 27 Frenzied 50 Engrave, in 6 Plead 29 Haul a way 7 Scabbard 30 Work unit 53 Schuss contents 32 Advancing © 2011 King Features Synd., Inc. tradition of walking the plank is a myth. Whenever pirates wanted to get rid of something -- or somebody -- they just tossed the offender overboard without ceremony. • When a baby is born it has more than 300 bones in its body, but due to bone fusion, adults end up with only 206 bones. • The next time you're planning a European vacation, make time to visit the coast of the Netherlands, where you can stay in one of the world's most unusual hotels. Along the banks of the Wadden Sea you'll find Harlingen Harbour Crane, an actual derrick that was once used to haul timber. These days it holds aloft luxurious sleeping quarters designed for only one party at a time. If you need a change of scenery, just head to the control room to swing the crane around until you find a view that strikes your fancy. • You may be surprised to learn that there is a growing interest in the new sport known as chess boxing. It's a hybrid sport in which competitors alternate 4-minute rounds of speed chess with 2-minute rounds of boxing. Since 2008, there have been 10 international competitions in London alone. Thought for the Day: "It is useless to attempt to reason a man out of a thing he was never reasoned into." -- Jonathan Swift © 2011 King Features Syndicate, Inc, g L S L 9 6 L £ L S 6 8 t g £ 9 Weekly SUDOKU Answer 8 6 £ lz S 9 £ 9 L 8 6 g 1 L g £ £ L  8 6 b L 6 £ Z 9 I. £ 9 I. l ; 8 6 Z g S £ 9 b £ 8 9 I. L £ L b 6 L g 9 Z 9 9 8 L 6 -- ICing Crossword -- Answers Solution time: 25 mins. HllvlHlllllsl± N v ololulolvl*lvlaln v ±lololulvlolslalulv  v || I| +llvl+llmt.l.lv - n ialvlol+lslmtolslm s v Boat Names :::' ........ 1. AquaHolic 2. Andiamo (Let's Go) 3. ?he Black Pearl 4. La Belle Vita (1-he Beautiful Life) 5.ojo 6. Island Time 7. Second Wind 8. No Worries 9. Serenity Source: 10. Blue Moon Bo,,tus