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Keeping house in trust when both owners die

Posted on: 21st Sep, 2008 01:38 pm
Both my parents have passed away I am the trustee to their living trust. The property (house) is in the trust. Do I have to sell the house or change the name on the deed or can I keep everything the same. I don't want to sell the property.
Hi betty_gunthner!

Welcome to Forums!

As you are the trustee to the living trust of your parents, you will have to do nothing. You are not even required to sell the property. You can continue managing the trust on their behalf.

Feel free to ask if you have further queries.

Sussane
Posted on: 21st Sep, 2008 11:20 pm
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