Deed Of Trust In California
April 7th, 2010 | 
Author: 
Question: Unmarried Joint Tenants in California with a Living Trust?
Hi, Does the title on the deed to a home in Calif. supercede a living trust?
Say an unmarried couple purchase a home as joint tenants. 4 years later one of them leaves, they split permanently. I understand that she now still owns half of the home and will inherit all of it if he passes away. My question is, can he safely place his half of the title of the deed in a living trust so he can choose his own beneficiary? How is this done? Will this hold up in probate?
Is it possible?
Thank you thank you thank you.....
Answer: You don't need a trust. Just have the deed redone to read tenants in common where each of you own an undivided half interest in the property. Therefore if one dies that person's undivided interest accrues to her estate. Joint tenancy with right of survivorship passes to the survivor and is not superceded by a trust. You are unable to put the property into a trust without the permission of the other party.
5. California Trust Deed Investing: Why Use a Professional Hard Money Broker?
Posted in 
Tags: