Legal Question in Wills and Trusts in Arizona
Quit-Claim Deed
When we refinance our home, do we need to file a Quit-Claim Deed to put it back into our family trust?
Asked on 7/28/06, 6:37 pm
2 Answers from Attorneys
James Jenkins
Jenkins Law Center PLC
Re: Quit-Claim Deed
Yes, by a deed like the one you signed to place it in the trust in the first place.
Answered on 7/31/06, 11:58 am
Donald Scher
Donald T. Scher & Associates, P.C.
Re: Quit-Claim Deed
If you conveyed the property out of the trust to yourselves as individuals in order to refinance, then yes, you would need to convey the property by deed in order to put that asset back in the trust.
Answered on 7/29/06, 2:41 pm