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Deed wording for Revokable Living Trust real estate

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dickybilly

Junior Member
What is the name of your state? FLORIDA (and Texas)

I've created a Revokable Living Trust for my parents and myself. We'all are residents of Florida. The RLT is created for Florida law. For the sake of example, my parents A/B trust is called Parents Trust, and my trust is called Sons Trust.

There are two properties which must be re-deeded into the RLT:
- the Florida property is currently deeded as 1/2 interest to each named parent (John Doe and Mary Doe) and son (Jack Doe) ... parents have 1/2 interest and son has 1/2 interest in the property
- the Texas property is currently deeded to the John and Mary Doe as a life estate upon death to Jack Doe

When we re-deed the properties into the RLTs we do not want to change the property tax arrangement for either property, ie, we do not want to incurr new/changed property taxes due to the RLT re-deeding.

QUESTION ONE: I need THE EXACT wording for the DEEDs to move each property into Parents Trust and Sons Trust. I'm not sure how to word the "as trustee" statement and how or if I need to specify the name of the Parents Trust and Sons Trust in the deed.

For example (I'm not sure of this example... I Need the EXACT correct wording)...
the Florida property RLT deed might read:
one-half interest John and Mary Doe, as trustees and one-half interest Jack Doe, as trustee
or
one-half interest John and Mary Doe, as trustees in the Parents Trust and one-half interest Jack Doe, as trustee in Sons Trust
the Texas property RLT deed might read:
John and Mary Doe, as trustees, as life estate to Jack Doe, as trustee
or
John and Mary Doe, as trustees in the Parents Trust, as life estate to Jack Doe, as trustee in the Sons Trust

QUESTION TWO: is it a requirement that a Texas notary be used to sign/re-deed the Texas property or can a Florida notary be used?? It would be alot easier if we'all didn't have to travel to Texas just to have the deed notorized (only I will go to Texas to file the new Deed).

Thanks in advance,
 


Dandy Don

Senior Member
Why are you trying to do this without the services of a trust attorney? You will make mistakes that your heirs are going to have to spend attorney fees on trying to correct.
 

dickybilly

Junior Member
thanks for you concern....however
a specific answer to my specific questions would be more helpful.

for example....

That John and Mary Doe

(hereinafter called “Grantor,” whether one or more, masculine, feminine or neuter) for and in consideration of the sum of TEN and no/100 DOLLARS and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, paid by


John and Mary Doe, as trustees in the Parents Trust dated June xx,2006
as to a life estate with reversionary interest retained by
Jack Doe, as trustee in Sons Trust dated June yy, 2006

whose address is: property address in Texas

(hereinafter called “Grantee,”
 
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