How it works
If you own personal property and want it transferred to a living trust a Bill of Transfer for Living Trust can help you do just that. You can't transfer ownership of anything with a deed or title - which means houses and vehicles are out - however, a Bill of Transfer for Living Trust can help with most other items.
trust. Why do this? Only property that's owned by a trust can be distributed by it. This can help make things a lot easier when someone passes away and it can also help cement just who owns what property. A lot of people take care of ownership issues when it comes to estates and vehicles but what about that fine china set or the collection of jewelry? It's important to make sure all valuables are protected - along with the rights of the present and future owners. A Bill of Transfer for Living Trust can help straighten everything out.
NOTE: This document cannot be used to transfer real estate or other property that has a title document, such as a vehicle. If you desire to transfer real property into your trust you should consider preparing a Quit Claim Deed.
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