What is the name of your state (only U.S. law)? California
Hi, I have a couple of questions about quitclaim deeds and living trusts.
1). When filling out the quitclaim deed to transfer real estate to a Living Trust do you quitclaim the property to the Living Trust or the Trustee? I've heard conflicting information.
For example: Should it be.
....release and forever quitclaim to John Smith, Trustee to John Smith Revocable Living Trust....
or
....release and forever quitclaim to John Smith Living Trust....
2) Does the Living Trust have to have a date as part of the name?
For example John Smith Revocable Living Trust dated 12/20/2009
or is
John Smith Revocable Living Trust sufficient?
Thanks
Hi, I have a couple of questions about quitclaim deeds and living trusts.
1). When filling out the quitclaim deed to transfer real estate to a Living Trust do you quitclaim the property to the Living Trust or the Trustee? I've heard conflicting information.
For example: Should it be.
....release and forever quitclaim to John Smith, Trustee to John Smith Revocable Living Trust....
or
....release and forever quitclaim to John Smith Living Trust....
2) Does the Living Trust have to have a date as part of the name?
For example John Smith Revocable Living Trust dated 12/20/2009
or is
John Smith Revocable Living Trust sufficient?
Thanks