Quit Claim Deed after Trust

tnguyen · Joined: 06 Feb 2008 Posts: 1 1.36 Dollars($)

Hello! My house is already in a trust for my daughter when I passed. I want to do a quit claim deed for her before I passed. She likes the house and most likely will not sell it. Do I need to ask a lawyer to prepare the quit claim deed, since it was a lawyer that had prepared the trust regarding the house previously. I am unsure about the legal document ramification if any. Thank you and have a great day!

helping_user · Posted: Wed Feb 06, 2008 11:03 pm Post subject: RE: transfer trust to heir

Welcome Tnguyen.

Are you the trustee involved here or is it your daughter? Generally, the trustee first pays of the debts and expenses, if any, and files tax returns related to income tax, inheritance tax and estate tax if they are due and then distribute the assets to the heir.

Regarding legal aspects, I don't think there should be any problem as such.

Thanks.

jheard · Posted: Thu Feb 07, 2008 7:46 am Post subject:

The whole purpose of a trust is so that you don't have to quitclaim the property before death. With most trusts, at death, the property passes in trust to the successor beneficiary, presumably your daughter. Therefore, you don't have to quitclaim the property. Consult with the attorney who prepared the trust to answer your questions.

Guest 0.10 Dollars($)

Thank you very much! I surely will follow your advise! Thank you

adonis · Posted: Fri Feb 08, 2008 1:49 am Post subject:

You're most welcome Lollie Cool

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