Posted on: 29th Jun, 2010 05:13 pm
can a trust quit claim deed a property to one of the trustees?
Welcome andrea,
As far as I know, a trust cannot transfer property. The property has to be removed from the trust in order to transfer it to someone else.
As far as I know, a trust cannot transfer property. The property has to be removed from the trust in order to transfer it to someone else.
Yes. However, a trustee has a duty to the beneficiary to not give himself a sweetheart deal.