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See Details - Warranty Deed with Family Trust

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Icon Mini Profile GrandPaCarter





Joined: 30 Jan 2011

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1.33 Dollars($)
Post Posted: Sun Jan 30, 2011 5:15 pm    Post subject: See Details - Warranty Deed with Family Trust
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My Father-In-Law (FIL) signed a Warranty Deed on his residence as “Grantor, hereby CONVEYS and WARRANTS to JIM and DJM (the son), Trustees, or any successor trustees, of the JIM Family TRUST, dated, Grantee, ……”

The top of the Warranty Deed states to mail Tax Notice to: JIM and JIM Family Trust, address UTAH.

QUESTIONS:
1. If Father-In-Law dies, does the son automatically becomes the owner of the property as sole trustee with or without probate?
2. Does it residence become part of the probate proceedings?
3. As Family Trust filed anywhere?
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10460
Location: Nevada
987.57 Dollars($)
Post Posted: Sun Jan 30, 2011 10:07 pm    Post subject:
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Hi GrandPaCarter,

If there is a warranty deed which mentions the son as the owner of the property, then the son won't have to probate the estate any further. If there is a will, then it needs to be probated.

Thanks
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