Trust Transfer Deeds in CA
Distribute Property Successfully with the Firm’s Help
Living trusts have become a very popular way for people to avoid probate,
an often costly and time-consuming process. Additionally, many people
are also using living trusts to transfer property by way of a trust transfer
deed. This deed can keep the transaction private and also eliminate any
unwanted tax reassessments. As you consider utilizing a trust transfer
deed, consult with the firm. Burbank estate planning attorney Shelley
Rios has nearly 20 years of experience and can help resolve your legal
matter with efficiency and success.
Your free consultation awaits –
fill out an online evaluation form today!
How Do I Transfer Property into a Trust?
Transferring property to a living trust can also be called “funding.”
This means that you are naming another person as the beneficiary of your
property and when you die, they will receive the property with all of
the benefits and responsibilities. In order to do this successfully, you
must fill out a trust transfer deed, or a grant deed.
Information on the trust transfer deed should include:
- The description of the property being transferred
- Your name
- The name of your beneficiary
- The signature of a notary public
- The date of the transfer
You may also need to complete a Preliminary Change of Ownership Report
which can be filled out online and submitted with your transfer deed.
Except in the case of a refinance, the property will likely stay in the
trust until you pass away.
Get Started Today with a Burbank Estate Planning Attorney!
The thought of transferring property to a living trust can be overwhelming
and many people put it off until it is too late. With a qualified attorney
by your side, you can have confidence in your decisions and in the final
outcome of your trust transfer deed.