Legal Question in Wills and Trusts in California

Putting out of state property into an existing trust

We have an existing revocable living trust and we live in

CA. We bought a little house out of state. How do we

include this house in our existing trust? The trust says

additional property may be added to the trust estate at

any time by ''inter vivos'' or ''testamentary transfer.''

What does this mean? Our trust also says it may be,

but need not be, evidenced by amendment to the

agreement by schedule, deed, etc etc. I think we have

to deliberately put all new real estate property in our

trust. We do NOT want to go to the trust attorney again

because of an issue that was not appropriate. Thanks

for any help!


Asked on 1/25/06, 4:08 pm

3 Answers from Attorneys

Donald Field Donald L. Field, Jr., Attorney at Law

Re: Putting out of state property into an existing trust

your assets that are subject to probate must all be held in the name of the trust, otherwise you may not avoid probate at death. in the case of real property, a deed, preliminary change of ownership report (california) and in some cases a transfer tax affidavit must be duly executed and filed with the county recorder. the procedure in other states may vary.

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Answered on 1/26/06, 1:35 pm
OCEAN BEACH ASSOCIATES OCEAN BEACH ASSOCIATES

Re: Putting out of state property into an existing trust

You should consult an attorney if the language is unclear. Generally, all that is needed is for the trustors to draft an amended schedule. Remember to have the signatures notarized. Call me directly at 16192223504.

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Answered on 1/25/06, 6:22 pm
H.M. Torrey The Law Offices of H.M. Torrey

Re: Putting out of state property into an existing trust

"inter vivos" simply means a transfer done during one's lifetime, while "testamentary transfer" means a transfer after one's death. You should DEFINITELY have an attorney assist you with the property amendment herein so everything is done according to legal guidelines (i.e notarized signatures, etc..), especially since something as important as real estate is at issue. For prompt, affordable legal assistance in this matter, contact us directly for a free phone consultation.

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Answered on 1/25/06, 7:05 pm


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