When my divorce was finalized in 2006, my lawyer used a quitclaim deed to transfer a condo-property that was owned jointly between my husband and I into my name solely. It was a fairly simple process, and the deed was indeed changed into my name with no issue. However, since then, I have resumed...

It was my understanding that if a grantor set up a revocable trust and a third party (let's say a bank) was named as trustee, the trustee was required to file a Form 1041. I am unable to locate any IRC or other guidance that would confirm or deny this. Please help. Thank you. Diana

Thank you for your efficient response. My dumb assumption was that if married the wife would be entitled to 50% whether name on deed or not in Florida? Thanks

Why would someone-in this case a husband/grantor have a warranty deed drawn to grantee and in this case being himself again and his wife together. Also the city records show the purchase price way under the property value. This warranty deed says 25k and 4 years earlier sale was 79k?