| Yes. Selling or transfering property held jointly breaks the ownership and changes it to tennants in common. However, simply "putting it in the trust" does nothing. It must be retitled.
__________________
When you are a Bear of Very Little Brain, and you Think of Things, you find sometimes that a Thing which seemed very Thingish inside you is quite different when it gets out into the open and has other people looking at it.
--W. T. Pooh (aka A. A. Milne) | 
Linear Mode
