For most people the real estate they own will be the largest financial asset they have. Making sure your real estate is correctly funded into your trust is a critical task.
The ownership of real estate is evidenced by a deed. Each deed is unique and only one deed exists at any given time for any specific piece of property. A new deed is created every time the real property is bought or sold or ownership changes in any way. Deeds are recorded by the County Recorders Office so that there is a public record of who owns what property, at any given time as evidenced by the vesting (i.e., ownership) language on the deed.
To complete the transfer of ownership of real property to a trust, you must:
Step 1. Complete the deed
Step 2. Execute the deed
Step 3. Record the deed with the County Recorder (in California use a PCOR form)
If you would like assistance with this process, visit our funding assistance website at funding.estateplansupport.com
You can also download a comprehensive funding guide below: