Properly Titling Real Estate Held by Trusts
Posted: June 6th, 2008
Category: commercial news
I confronted another situation you should avoid. In order for a trust to own real estate in Georgia the deed cannot read John Smith Trust, dated January 1, 2008. It must read John Smith, Trustee, of the John Smith Trust, dated January 1, 2008. You want to make sure the property is owned by the trustee on behalf of the trust and not the trust itself in order for the property to be properly titled in Georgia.
As always your trusted source of practical legal advice.
Justin S. Daniels www.wjrlaw.com
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