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

    +1  Views: 1252 Answers: 1 Posted: 14 years ago

    1 Answer

    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.



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1102K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    S8
    Answers: 0 Views: 14 Rating: 0
    S8
    Answers: 0 Views: 12 Rating: 0
    188Bet tra thuong nhanh chong va minh bach
    Answers: 0 Views: 30 Rating: 0
    Biggboss19 online
    Answers: 0 Views: 40 Rating: 0
    Nhà cái EV99
    Answers: 0 Views: 34 Rating: 0
    b52club
    Answers: 0 Views: 16 Rating: 0
    Vua Club
    Answers: 0 Views: 19 Rating: 0
    > More questions...
    507026
    questions
    749854
    answers
    847699
    users