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noclue69 · Joined: 01 Apr 2011 Posts: 1 1.34 Dollars($)

The Smith's house is listed on the warranty deed as "the Smith family trust". Mrs. Smith is deceased and Mr. Smith is the trustee. Can Mr. Smith quitclaim deed the house to an individual he is related to? How will this conflict with his irrevocable trust?

It gets a little more tricky. In the event of Mr. Smith's passing, little Smith is the successor trustee on the warranty deed BUT the successor trustee of the estate is John Doe. How would this work out?

jameshogg · Posted: Sun Apr 03, 2011 10:33 pm Post subject:

Hi noclue,

The property has to be removed from the property trust and then Mr. Smith will be able to transfer it to someone else. As far as other things are concerned, it will be better if Mr. Smith could contact a real estate attorney and take his help in this matter.

Thanks

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If the house is listed on the warranty in a family trust, can the sucessor trustee do a quitclaim deed to an individual?

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