flighty
1 Answer
Chiangmai
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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