How would the deed to the trustee ordinarily be worded to transfer title to the trustee?

How would the deed to the trustee ordinarily be worded to transfer title to the trustee? “Sam Wilson and Martha Wilson, as trustees of the Wilson […]

How does a notary acknowledge the signature of the trustee?

How does a notary acknowledge the signature of the trustee? The title is vested in the trustee. Therefore, if the trustee is an individual or a […]

Who can be trustee?

Who can be trustee? A trustee can be any individual who is not under a legal disability, or a corporation that has qualified to do a […]

What will the title company require if all the trustees have died or are unwilling to act?

What will the title company require if all the trustees have died or are unwilling to act? If the trustor is not able to appoint a […]

Can the trustee give someone a power-of-attorney?

Can the trustee give someone a power-of-attorney? Only if the trust specifically provides for the appointment of an attorney-in-fact. Have a good one and let me […]

If there is more than one trustee, can just one join?

If there is more than one trustee, can just one join? Only if the trust specifically provides for less than all to sign.   Have a […]

What will the title company require if a trustee holds the title to the property which is part of the trust?

What will the title company require if a trustee holds the title to the property which is part of the trust? Title companies require a certification […]

Can a trust itself acquire and convey interests in real property?

Can a trust itself acquire and convey interests in real property? No. The living trust is an arrangement between a trustee and a trustor; only the […]

How do I determine if the replacement property is of “equal or lesser value” than the original?

How do I determine if the replacement property is of “equal or lesser value” than the original? This depends upon the timing of the purchase or […]
Customer Login