Real Estate included in trust?: Created trust in CA. Moved to WA. Trust has pour over will. Title to property in WA in our names but not in name of Trust. Is WA property included in trust by virtue of pour over will?
If you have a valid trust and then subsequently acquire real estate in any state, and you want your trust to own that asset, then you have to deed title of that asset into the name of your trust. If the asset is not title in the name of the trust at the time of your death, then through the probate process, title would be “poured over” into your trust. However, your estate would have to incur the time and expense to actually open a probate in each state where the real estate is located.
The simple (and less expensive) option is to simply take care of it while you are alive. Meet with me and get it taken care of. It’s fast and easy to do.
About the Author
Chris served on the Board of Directors for Habitat for Humanity
Seattle/S. King County for 10 years and served as Vice President
of the organization during part of that time. Read More