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You must review the provisions of your trust to determine if the trustee has the power to sell real estate. If not then you will need to seek a court order.
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∙ 14y ago
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Can a co trustee buy quit claim property from trust and transfer into own personal trust?
First, a trustee is the trustee of a TRUST. The house may be trust property. The powers of a trustee are set forth in the trust document. If the house is owned by the trust and the trustee has the power to sell real estate then yes, a trustee can convey the house.
Should you list your house for sale with the same realtor as a neighbor is using to sell his house?
No you don't have to, list it with one that you trust and think will do the job right.
Can an executor sell a property without bringing the trust to court?
You need to check your details. An executor doesn't manage a trust. If property is in a trust it is not part of an estate and it's managed by a trustee. The instrument that created the trust sets forth the powers of the trustee even when the trust is set forth in a will. Those powers usually include the power to sell real estate. Generally, an executor cannot sell property unless they have filed the will for probate. Then, generally, to sell the property the executor must be given that power in the will or issued a license to sell real estate by the court.
When was House Full of No Trust created?
House Full of No Trust was created in 2005.
When was Church House Trust created?
Church House Trust was created in 1978.
Can an executor of a trust transfer land without the approval of all name in the trust?
First of all, there is no "executor" of a trust even if the trust was created in a will. The administrator of the trust is a "trustee". Second, the answer most likely lies in the trust document itself. The terms of the trust will usually spell out the powers of the trustee. If the trust gives the trustee full power to sell property at his/her own discretion, as many trusts do, then the trustee can sell land without the beneficiaries' approval. If the trust does not spell out the trustee's powers, then you look to the laws of the state where the trust was created. Every state has laws that specify what trustees can and cannot do if the trust does not so specify. Some states give trustees full power to sell without interference from beneficiaries. Some states require the trustee to ask for court permission to sell land. When they go to court for this, the beneficiaries may object and the court will decide if the sale is proper or not.
As surviving spuse can you sell assets in the family b irrevocable trust to pay your bills?
The provisions of the trust must be followed. Only the trustee has the authority to sell trust property according to the provisions in the trust.
Can you sell your house on RuneScape?
no you can not sell your house on runescape.
How does Santa give you presents if you are out of town on Christmas?
Even if you are not in your house, he'll find you. Trust me, he's amazing! Merry Christmas!
How do you sell your house on wizard101?
You cannot sell your house in Wizard101.
When was Sell This House created?
Sell This House was created in 2003.
How do you sell your house on smallworlds?
You can't sell your house on Smallworld.
