Living Trusts

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  #46  
Old 10-02-2020, 09:05 AM
retiredguy123 retiredguy123 is offline
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I agree the problem may not be the law but the title company's procedures. That is why you need an attorney that knows this area of the law for the state you are in.
I agree. I would not try to make any deed changes without asking an attorney about the legal consequences, especially if I didn't fully understand them.

I am often shocked to find out that a friend or acquaintance owns a legal, financial, insurance, or investment product, and they have no idea what they purchased. I don't buy anything without asking a zillion questions.
  #47  
Old 10-02-2020, 06:25 PM
manaboutown manaboutown is offline
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I agree the problem may not be the law but the title company's procedures. That is why you need an attorney that knows this area of the law for the state you are in.
At times how this type of title issue is handled can vary from county to county or even be unique within a city. I would never dream of changing a title in any manner without consulting an attorney well versed in local practices of this nature.
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  #48  
Old 10-03-2020, 07:25 AM
SacDQ SacDQ is offline
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I had a living trust in another state that had to rewritten to comply with Florida laws. Check with your attorney on the best path forward.
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Old 10-03-2020, 11:23 AM
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I had a living trust in another state that had to rewritten to comply with Florida laws. Check with your attorney on the best path forward.

What were the key factors? Other than titling of a home for homestead qualification I can not think of any?
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Old 10-03-2020, 11:38 AM
retiredguy123 retiredguy123 is offline
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What were the key factors? Other than titling of a home for homestead qualification I can not think of any?
I wondered the same thing. If you have a competently prepared trust and a good, dependable trustee, the trust should be executable in any state. Hopefully, the State of Florida will have no involvement in executing the terms of the trust. A will is a different matter.
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