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Transfer Your Home Into the Trust You must complete the deed transferring ownership of the property before a witness and a notary public and have the deed notarized. You must submit the deed and a PT-61 tax transfer document to the Superior court clerk in your county.
To make a living trust in Georgia, you: Choose whether to make an individual or shared trust. Decide what property to include in the trust. Choose a successor trustee. Decide who will be the trust's beneficiaries?that is, who will get the trust property. Create the trust document.
How to Create a Living Trust in Georgia Choose the type of trust you're going to form. ... Take stock of your property and choose what you want to place in the living trust. ... Pick a trustee to distribute the contents of your trust when you die. ... Draw up the trust document. ... Sign the document before a notary public.
A trust document becomes effective once it is prepared in writing and you sign it in the presence of a notary.
The cost of setting up a trust in Georgia varies depending on the complexity of the trust and the attorney's fees. A basic Revocable Living Trust generally ranges from $1,000 to $3,000. More complex trusts can cost several thousand dollars more.
You can set up a trust yourself, but it probably makes sense to get the help of a lawyer. The state of Georgia has not adopted the Uniform Probate Code, so even smaller estates may benefit from a living trust.
The cost of setting up a trust in Georgia varies depending on the complexity of the trust and the attorney's fees. A basic Revocable Living Trust generally ranges from $1,000 to $3,000. More complex trusts can cost several thousand dollars more.
Choose a successor trustee. Designate precisely who will be the trust's beneficiaries and what they may receive. Create the actual trust document with the help of your lawyer. Approve and Sign the document, and get it notarized.