Q: What wording do I use to put a home in a trust, into my name as trustee on the deed, without removing it from the trust.
Mom passed last year. I am the trustee, and need to do repairs to the house, prior to its sale, for a buyer to qualify for a mortgage. I need to get a loan, and lender wants my name on the deed. My brother is a beneficiary, so the house needs to stay in the trust. I need to know what wording to use on the deed. I grantor Trustee deed to I grantee Trustee???
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A: You must hire an OR to draft that Deed.
A: You should consult with an experienced attorney to assist you. You will likely NOT sign a Deed but, instead, give the mortgage company an up-to-date Certification of Trust showing you as Trustee.
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