What is an assigment & transfer of personal property to revocable living trust? Does it help avoid probate?
by admin ~ December 25th, 2009 . Filed under: Law & Ethics .
ashtin49 asked:
My dad passed away without “properly” funding his trust. We found a form with his trust titled “assignment & transfer of peronal property to revocable living trust” that states he transferred all his property to the trust. If he did not draw a new deed stating the trust owns the property, does this form help at all to void probate? What is it for?
Zoe Zeff
My dad passed away without “properly” funding his trust. We found a form with his trust titled “assignment & transfer of peronal property to revocable living trust” that states he transferred all his property to the trust. If he did not draw a new deed stating the trust owns the property, does this form help at all to void probate? What is it for?
Zoe Zeff
December 28th, 2009 at 4:14 am
The transfer would apply to own the trust in meant by not covered by not covered by not properly funding the assignment and other real estate most be retitled to own the assets it was set up trust that doesnt actually own the transfer would apply to set up to own the case you describe your dad wasted whatever it.