Legal Question in Wills and Trusts in Florida
I am the trustee and sole beneficiary of a trust that holds the deed of a mortgage free rental duplex, with relatively high positive net equity. Recently I learned that placing the duplex into an LLC would provide asset protection that the trust does not, so I created a Florida LLC for that purpose.
Could anybody please tell me if I should file a Warranty Deed, Special Warranty Deed, or a Quitclaim Deed to transfer the duplex from the trust to the LLC? Thank you.
Asked on 5/08/17, 6:47 pm
1 Answer from Attorneys
Lucreita Becude
Lucreita D. Becude, P.A.
You can file a quitclaim deed
Answered on 5/09/17, 5:31 am