Posted on: 18th Nov, 2010 11:31 am
My parents property was in a revocable living trust. I have three brothers. Everything was to be split up evenly amongs the children. For part of my inheritence my brothers would like for me to have the property. Although the property is in the name of the trust - can a Quit Claim process be done? Thanks in advance.
Jan
Jan
Hi Jan,
The property has to removed from the revocable trust and then transferred in your name. You can then put the property back into the trust. You should contact a real estate attorney and he will help you in this matter.
The property has to removed from the revocable trust and then transferred in your name. You can then put the property back into the trust. You should contact a real estate attorney and he will help you in this matter.