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    3. My home was left in trust for me, now how can I simply and with least output put it into trust for my daughter?
    My home was left in trust for me, now how can I simply and with least output put it into trust for my daughter?

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    +1  Views: 1309 Answers: 1 Posted: 14 years ago
    Tags: property trust parent to child california lowest cost
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      Remember, first and foremost, your ownership to this house is via the conditions stipulated in the original trust.  If it states that your ownership to the house is outright, then you own it as an individual.  To leave the house in the trust for your daughter, you must create a new trust, putting the newly inherited house in said trust,  having you as a trustee, and naming your daughter as a beneficiary to the Trust.  When you die, the trust doesn't die since trusts survive death.

      14 years ago. Rating: 5
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