Legal Question in Wills and Trusts in California
Successor Trustee made an error
I am the successor trustee of my mom�s Living Trust. I successfully transferred title of the house to all 8 heirs. Is it possible to put the title back to the Living Trust? I am suppose to sell the house first but made the error of transferring the title first. Now all heirs will have to pay federal and state taxes. Some of the heir do not even live in the USA. My information says it is possible to put it back to the living trust. How?
2 Answers from Attorneys
Re: Successor Trustee made an error
It may require everyon's signature to get it back into the trust, or possibly a court order.
What Federal and State taxes are owed?
Re: Successor Trustee made an error
if you can give me additonal facts and show me a copy of the trust instrument, i may be able to assist you further.