Legal Question in Wills and Trusts in California
Automobile in living trust?
Can you settle a friendly wager I have with a friend? He says my cars should be put into my living trust - I say they should not. Who's right?
Asked on 10/17/07, 3:01 pm
2 Answers from Attorneys
Kurt Seidler
Law Offices of Kurt A. Seidler APC
Re: Automobile in living trust?
I normally only put vehicle titles into a client's trust if they are collectables, like a Packard .
Answered on 10/17/07, 6:06 pm
Mitchell Roth
MW Roth, Professional Law Corporation
Re: Automobile in living trust?
Well, here's the problem. The DMV would allow a car to be registered that way. That being said, you should have a bill of conveyance for all personal property including your cars to yourself as Trustee of the Trust. So, I think you both win.... or lose?
Answered on 10/17/07, 11:59 pm
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