SANTA BARBARA ESTATE PLANNING COUNCIL

Austin Lampson is a Licensed Mortgage Professional with over two decades in lending.  Austin’s approach to the nuances that guidelines and investors present to homeowners is that of a trusted advisor. Austin coaches clients through their tax, estate, and asset structure implications for obtaining a new mortgage.  She also works to ensure they understand how these choices play out for future endeavors as well. Austin saw the need to better educate attorneys, CPAs, Financial Planners and other professionals on the regulated, nuances of lending, and how contracts, Trusts, agreements, and probate may be navigated accordingly.

Overview: 

Definition of Trust, Estate & Entity for lending: 

• Revocable vs Irrevocable
• Heirs, Trustees, Beneficiaries
• LLC, Corporations, Partnerships

Income Allowances

• Schedule Analysis Method  
• Passthrough
• Non-Taxable

Asset Allowances  

• Distributions vs Inheritance
• Business vs Personal
• Continuity of Obligation
• Real Estate vs Non-RE