Legal Question in Wills and Trusts in Illinois
Land Trust to Living Trust Deed Recording
We have a land trust at a bank. We have now set up a revocable living trust. Our deed to our home is recorded in the land trust name. Can a regular quit claim deed transfer this over to our living trust?
Asked on 9/21/06, 2:07 pm
1 Answer from Attorneys
Zedrick Braden III
Ainsworth & Associates PC
Re: Land Trust to Living Trust Deed Recording
Hello. In answer to your question, a trust deed
must be used to transfer the property out of the
land trust. I will be happy to answer any additional questions that you might have.
Answered on 9/21/06, 7:40 pm