LEGAL GUIDE
Written by attorney William Kenneth Sweeney

HOW DO I TRANSFER PROPERTY TO MY LIVING TRUST?

It is first important to understand that a trust itself is not a legal entity that can hold assets like a corporation. Instead, a trust is a contractual agreement between a grantor and a trustee. When we say that property is transferred to a trust, we really mean that property is transferred to the trustee of the trust, to be held in trust according to the agreement between the grantor and the trustee.

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