I deed all my SFH and small propertys that is not in a LLC or a S-corp to a living trust, reason being 1. libility, 2. avoid probate if I die tomorrow.
you can quick claim deed the properties but not recording it to the county, just keep a certify copy with your attorney and estate planner, so if anything arise, you are protected.
I do it for tax and liability issues.
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Many thanks!
-山高月小-
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03/12/2008 postreply
11:04:57
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If I do not record it to county, others can still find out
-挨踢-
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03/18/2008 postreply
19:40:31