remove property from trust fund

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Icon Mini Profile kmoody





Joined: 06 Jan 2011

Posts: 2

1.58 Dollars($)
Post Posted: Thu Jan 06, 2011 12:10 pm    Post subject: remove property from trust fund
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Our home is included in our trust fund. We are now wanting to sell the house. I have read online that when the house is sold, that will automatically remove it from the fund. I have also read that it requires a form to remove it. Which is correct?

Thank you
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005

Posts: 12179
Location: ALASKA
1313.94 Dollars($)
Post Posted: Thu Jan 06, 2011 7:35 pm    Post subject:
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Hi kmoody,

You will have to remove the property from the trust in order to sell off the property. You should contact a real estate attorney and he will guide you as to what form you need to sign in order to remove the property from the trust.

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