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how to title inhereted house

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sidecar Guest	Posted: Thu Apr 22, 2010 6:49 am    Post subject: how to title inhereted house Like 0 Dislike 0 Mom left the house equally to her four adult kids, we want to let our sister, age 66, live in it for a few years before selling, she will pay all bills including property taxes, my question is how do we have our names on the deed, can we leave the house in the trust, create a new trust or start a partnership or LLC? We want to protect our personal assets as much as we can. the house is in Riverside Co. Ca. Thank you _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Fri Apr 23, 2010 12:16 am    Post subject: Like 0 Dislike 0 Hi Guest! Welcome to forums! You and your siblings can use a quit claim deed in order to transfer your share of the property to your sister. She will have to record the deed in order to make it valid. Once she does so, she would become the owner of the property. Feel free to ask if you've further queries. Sussane

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