Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

See Details - Warranty Deed with Family Trust

Posted on: 30th Jan, 2011 04:15 pm
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?
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
Posted on: 30th Jan, 2011 09:07 pm
Page loaded in 0.107 seconds.