How do you fund a bypass trust with a portion of real estate (primary residence) after the death of a spouse? Does the real estate need to be retitled into two deeds?
Thanks for your help.
Asked on 9/25/10, 3:28 pm
1 Answer from Attorneys
Michele Cusack
Pollak & Cusack
No, one deed can transfer (for example) "one-half undivided share to John Doe, as Trustee of the Survivor's Trust and one-half undivided share to John Doe, as Trustee of the Bypass Trust."
Answered on 9/30/10, 3:38 pm
