This form is a Warranty Deed where the grantors are husband and wife and the grantee is a trust. Grantors convey and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
Kentucky Warranty Deed from Husband and Wife to a Trust
Category:
State:
Kentucky
Control #:
KY-015-78
Format:
Word;
Rich Text
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FAQ
To transfer property title to a family member in Kentucky, you need to prepare the necessary deed, typically a Kentucky Warranty Deed from Husband and Wife to a Trust. You will fill out the deed, have it signed in front of a notary, and then record it at the county clerk’s office. This process is crucial to ensure that the transfer is legally binding and recognized.
Locate your current deed. Use the proper deed. Check with your title insurance company and lender. Prepare a new deed. Sign in the presence of a notary. Record the deed in the county clerk's office. Locate the deed that's in trust. Use the proper deed.
Legally your Trust now owns all of your assets, but you manage all of the assets as the Trustee. This is the essential step that allows you to avoid Probate Court because there is nothing for the courts to control when you die or become incapacitated.
Retrieve your original deed. Get the appropriate deed form. Draft the deed. Sign the deed before a notary. Record the deed with the county recorder. Obtain the new original deed.
No. And unless the deed identifies the trust as an owner, then father is the owner of an interest. It is a common mistake to set up a trust and then fail to deed property into the trust. However, you cannot force him to make the changes you are...
A trustee deed offers no such warranties about the title.
To transfer real estate (also called real property) into your living trust, you must prepare and sign a new deed, transferring ownership. You can usually fill out a new deed yourself.
The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
A warranty deed protects property owners from future claims that someone else actually owns a portion (or all) of their property, while trustee deeds protect lenders when borrowers default on their mortgage loans.