Legal Question in Real Estate Law in California
Transfer home out of trust and put in my new wife's name and my name as joint te
I want to pull out my home from trust and put in my new wife's name and my name as joint tenancy. How do we do or do we have to dissolve the old trust. Can we pull out house first.
Thank you
3 Answers from Attorneys
Re: Transfer home out of trust and put in my new wife's name and my name as join
you need to deed the property from the trust to you and your wife as j/t's. That is all. In the alternative, you could amend your trust to name your wife as a co-trustee. You should have an experienced attorney prepare the paperwork for you.
Re: Transfer home out of trust and put in my new wife's name and my name as join
You can do what Mr. McCoy suggests if it is a revocable trust and you are the sole trustee. If the trust is irrevocable or you are not the sole trustee, the process is not so simple. In any event, you'll want to retain an attorney.
Re: Transfer home out of trust and put in my new wife's name and my name as join
Usually yes, you should use an attorney for correct operation. You may contact me.
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