Loftin Bedell, P.C.

Loftin Bedell, P.C. Guidance, Creative Solutions, and Dedication - taking a strategic creative approach to real estate,

How do you pick a good trustee?
10/12/2022

How do you pick a good trustee?

Many California residents use a trust as part of their estate plan. When creating a trust, the person making it is called the “settlor.” It is the job of the settlor to find the right person to serve as the trustee. A trustee has the role of making sure the terms of the trust are

2 reasons you might need a business partner
09/24/2022

2 reasons you might need a business partner

Running a business can be rewarding, but despite what people say, running a business isn’t easy and you know that. Running a business is a huge undertaking that few truly understand – you don’t have to shoulder the work alone. If you’ve never considered finding a business partner, now may be...

Can you disinherit someone in California?
09/14/2022

Can you disinherit someone in California?

Not everyone wants to leave their assets to their family when they die. Sometimes it is because they feel family members do not need it. Other times because they have fallen out with one or more of them. Certain people, such as spouses and children, expect to inherit when you die. So what can you

Pet trusts help ensure animals' well-being
08/31/2022

Pet trusts help ensure animals' well-being

Even people who develop a thorough estate plan sometimes fail to include their pets. This doesn’t mean leaving them millions of dollars like hotel magnate Leona Helmsley did. It simply means ensuring that they’ll be well cared for after you’re gone (or if you become incapacitated). Why do peop...

5 mistakes new real estate investors make
08/26/2022

5 mistakes new real estate investors make

New real estate investors make lots of mistakes when they first purchase properties. While everyone makes mistakes, many have been able to avoid repeating history by knowing what mistakes have happened before. When investing in real estate, you need to avoid the following five mistakes: 1. Skipping....

Do mobile parks need to allow emotional support animals?
08/19/2022

Do mobile parks need to allow emotional support animals?

As a landlord, you have to balance the amenities you offer with the cost to provide them. It can be hard to prevent damages to your units if the policies you set are too permissive, especially if you maintain individual units in a mobile home park. Being an animal-friendly park if you retain ownersh...

Conservatorship of the children and your estate plan
08/09/2022

Conservatorship of the children and your estate plan

Having children is something that most people plan for and look forward to. Bringing someone into this world comes with a lot of responsibility, though. When you have children, it’s also time to update your estate plan. One of the most important aspects to focus on is conservatorship. Conservators...

What wildfire season does to real estate prices?
07/27/2022

What wildfire season does to real estate prices?

California has experienced an increasing level of wildfire severity for the last several years. Each summer, it feels as if the wildfires become more prevalent, severe, and dangerous. What will they do to the real estate industry? In the short term? Very little. Home and commercial real estate price...

Are California's privacy laws going to create havoc for employers?
06/30/2022

Are California's privacy laws going to create havoc for employers?

California is on the bleeding edge of technology and innovation, but the state is also aggressive about legislating that technology. The landmark privacy law of California allows consumers a great deal of control over their data. Many worry that soon, employees may have those same controls. The use....

What you should know about the residential eviction process
06/14/2022

What you should know about the residential eviction process

There has been a long-time moratorium on evictions for businesses that manage residential rental properties. That moratorium is either ending or nearing an end soon in most cases. When that happens, there will likely be an increase in evictions. Here's what you should know when pursuing eviction for...

How do businesses go through intestate law in California?
06/01/2022

How do businesses go through intestate law in California?

An intestate estate is one in which a person does not have a settled will or estate plan in place when they pass. Intestate succession is the process through which the California probate court assigns assets to a person's heirs. This can include business assets. A business asset going through probat...

How was SoCal's commercial real estate market in Q1?
05/18/2022

How was SoCal's commercial real estate market in Q1?

Overall, the commercial real estate market performed well in the first quarter of 2022. While it wasn’t a perfect score in every sector, there were definite signs of growth and many things to make investors happy. Lowering vacancy rates Industrial, office and retail spaces saw either steady vacanc...

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