How do I transfer ownership of my house to a trust?
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How do I transfer ownership of my house to a trust?
I have completed a living trust and want to title my house to the trust. The house is completely paid for. What type of deed do I need to complete for the transfer. Do I also need to do a “Preliminary Change of Ownership” report? I assume I also have to advise the county tax assessory’s office.
Asked on November 5, 2011 under Estate Planning, California
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
The best way to "fund" an established trust is for you to hire an attorney to draft a deed of your home into the name of the trust just created. You then sign the deed before a notary public and record the deed with the county recorder's office.
You will need to prepare a preliminary change of ownership report for the deed transfer into the trust. Make sure you bring to the attorney a copy of the property's existing deed. Good luck.
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