Ask Experts Questions for FREE Help !
Ask
    carmen19's Avatar
    carmen19 Posts: 1, Reputation: 1
    New Member
     
    #1

    Jul 18, 2011, 08:20 AM
    Trust Transfer Grant Deed: What do I have to do to get 50%?
    My mother did a grant deed giving me her 50% interest, but her 50% was in a trust and she has passed since. I was told that in order to make this Grant Deed good I have to, as the Trustee, take it out of the trust and put it back into her name. I went to someone to do this for me and this person did a Trust Transfer Grant Deed, but she marked the box that said "this conveyance transfers the Grantor's interest into his or her revocable trust, R & T 11911.
    I don't feel that this is correct. I wanted to remove it from the trust and put it into the trust. I am I correct to believe that it is not correct?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #2

    Jul 18, 2011, 09:52 AM
    Quote Originally Posted by carmen19 View Post
    My mother did a grant deed giving me her 50% interest, but her 50% was in a trust and she has passed since. I was told that in order to make this Grant Deed good I have to as the Trustee take it out of the trust and back into her name. I went to someone to do this for me and this person did a Trust Transfer Grant Deed. but she marked the box that said "this conveyance transfers the Grantor's interest into his or her revocable trust, R & T 11911.
    I don't feel that this is correct. I wanted to remove it from the tust and put it into the trust. Iam I correct to believe that it is not correct?
    What state or country are you in?

    If her interest was in a trust, who was the trustee?

    In order to correct the deed, you would have to be the trustee. Assuming your mother was the trusteee, does the document creating the trust say who should succeed her in the event of her death?

    Why do you think you need to place the property into a trust? It seems that it would make more sense, if it is to go to you, to place the property in your name absolutely.

    Who was this "person" you went to to prepare a deed? An attorney? What does "R & T 11911" mean? It seems that what needs to happen, assuming that for some reason you really need to place the property into the trust, is for the present trustee to execute a corrective deed reciting that the property is being placed in trust.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Interspousal transfer grant deed for foreign property [ 3 Answers ]

My Chinese wife and I came into our marriage with separate properties (condo in China, condo in the US). I am refinancing and to speed up the process amongst other things, my wife is being asked to sign an interspousal transfer grant deed, where she apparently relinquishes her claim to my condo...

Grant deed and Trust [ 3 Answers ]

I am buying a house from my grandparents, the house in under *** family living trust, when we are filling out the grant deed do we write the family trust on it and their names or just their names?

Transfer of Property in NV Grant deed [ 2 Answers ]

Can you transfer a family member off a Grant Deed/Warranty Deed with a mortgage. Brother no longer wants to be on title. We file a quit claim deed. However, he wants to his name off the deed. Could you tell me how I can do this legally.

Grant deed transfer [ 1 Answers ]

My sister and father have a grant deed, that my father is dropping his name and putting my sister on the deed, they had it notarized, but not recorded. Now if my father passes can the deed still be recorded after his death giving my sister his portion? The other people on the deed currently are my...


View more questions Search