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Q: In 2012, I set up a living trust and signed a quitclaim deed to my house and property over to my daughter. If I now decide to sell my house, what do I have to do? Could she sign a quitclaim ...
REAL ESTATE MATTERS | If it’s available in your state, a transfer on death deed would work to essentially transfer ownership of the home from you to your daughters effective as of your death.
REAL ESTATE MATTERS | The good news is your mother doesn’t need to worry. She doesn’t need the original document to sell her home or to transfer her ownership interest into a living trust.
Dear Mr. Premack: I am thinking about hiring counsel to prepare a living trust for me. Before I do, I wanted to know more about giving my assets to the trust. Is it possible to create a living trust ...
Since your living trust is a separate legal entity, any transfers you make from a retirement account count as a withdrawal. This makes transfers taxable and subject to penalties for early withdrawal.
A popular option is a living trust, which many people consider one of the better routes to take. However, is a living trust really the best way to leave an inheritance behind for your loved ones?
Q: I had a living trust drawn up twelve years ago. I am the trustee. It was funded, and my condo was retitled in the name of the trust. Since then my equity in the property has increased substantially ...