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  2. Pros & Cons of Getting a Small Estate Affidavit in Virginia - AOL

    www.aol.com/finance/pros-cons-getting-small...

    Virginia law says a small estate affidavit has to: Provide the name of the person who died and the date of the death. State that the value of the assets in the estate is less than $50,000.

  3. Deed of trust (real estate) - Wikipedia

    en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

    A deed of trust refers to a type of legal instrument which is used to create a security interest in real property and real estate. In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee , who holds the property as security for a loan ( debt ) from the lender to the borrower.

  4. How to Create a Living Trust in Virginia - AOL

    www.aol.com/news/create-living-trust-virginia...

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  5. Trust (law) - Wikipedia

    en.wikipedia.org/wiki/Trust_(law)

    For an express trust to exist, there must be certainty to the objects of the trust and the trust property. In the USA Statute of Frauds provisions require express trusts to be evidenced in writing if the trust property is above a certain value, or is real estate. Fixed trust: The entitlement of the beneficiaries is fixed by the settlor. The ...

  6. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the buyer; the contract either does not specify a loan or includes provisions ...

  7. If you want to help your kids bypass probate when you die ...

    www.aol.com/finance/want-help-kids-bypass...

    A trust would have helped Pete’s family avoid probate, protect their privacy, and minimize estate taxes when his father died. A trust is a document that allows you to keep control of your money ...

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