LawAdviceFan
Junior Member
What is the name of your state (only U.S. law)? California
I am currently in the process creating a revocable trust/title holding land trust. I am at the point where I am preparing to deed my real property to the trust.
However, most self-help guides pertaining to California say that, in general, trusts themselves are not an entity that can hold title in its own name. Instead, it is required that I deed the property to the grantee/trustee of the trust in the following format:
"[Trustee First and Last Name],
Trustee of the ABC Revocable Living Trust dated [Month] [Day], [Year]"
However, right now the trustee for my revocable/title holding land trust is indeed another trust that is a revocable living trust(which intends to hold more than just real property).
How do I deed my real property to a trust, when the trust's trustee is another trust? Is this still possible under California law, and if so, do I just insert the living trust's name where the human/business entity trustee's name would go?
Under what types of trusts, or circumstances, can a trust take title to real property in its own name, without listing the trustee's name?
I am currently in the process creating a revocable trust/title holding land trust. I am at the point where I am preparing to deed my real property to the trust.
However, most self-help guides pertaining to California say that, in general, trusts themselves are not an entity that can hold title in its own name. Instead, it is required that I deed the property to the grantee/trustee of the trust in the following format:
"[Trustee First and Last Name],
Trustee of the ABC Revocable Living Trust dated [Month] [Day], [Year]"
However, right now the trustee for my revocable/title holding land trust is indeed another trust that is a revocable living trust(which intends to hold more than just real property).
How do I deed my real property to a trust, when the trust's trustee is another trust? Is this still possible under California law, and if so, do I just insert the living trust's name where the human/business entity trustee's name would go?
Under what types of trusts, or circumstances, can a trust take title to real property in its own name, without listing the trustee's name?
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