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You need to review the language in the document that created the trust for your answer. ALL the provisions of a trust and the powers of the trustee must be set forth in the trust document. You would be looking for the section dealing with trustees powers and under that the power to sell and convey real estate.
What else can I help you with?
Where is the best place to sell a house online?
There are many websites that a person could visit when trying to sell their home online. The most widely used websites for online home selling are Sell My Home, Owners and ForSaleByOwner.
What is the purpose of a real estate agent?
Real estate agent mostly help you to sell your home fast as possible. You find the real estate agent who have a lot of market experience. Main purpose of your real estate agent is Sell you house fast with 100% cash back to you and no commission involved. Actually mostly Peoples very worried how choose the agent who give you big profit. Property Friends Tn is one of the trusted real Estate agency peoples trust on them Their purpose is to buy house fast is-as condition, No Renovation, No commission and Fully cash back to the customers.
Is it OK to have the same real estate agent sell your home and help to purchase a new one?
Actually yes. There are some agents who sell or buy your home while helping you purchase a new one.
What services are needed in order to sell a home?
One can sell own home by using a real estate agency. One can also publish an ad in a newspaper or one can also use the Internet for this selling purpose.
How does a buyer or seller mandate make sure that he gets his commission in a deal What ways is he legally secure?
By attaching an IMPFA to the actual sell-buy contract. An IMPFA is an "Irrevocable Master fee protection Agreement'. Seach for these wording on a search engine like Google or Bing, and you will find many templates and examples.
Can the grantor sell assets listed in irrevocable living trust?
The grantor has no control over the assets in an irrevocable trust. Those assets are under the control of the trustee.
Can you sell your condo if it was paid for cash through an irrevocable trust?
Your answer may lie within the terms of the irrevocable trust. Otherwise, your attorney can help you answer your specific question.
When you place your home in an irrevocable trust who pays the property tax?
The Trust does and it becomes a deduction on the Trust's tax return.
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.
How can you tell if a trust is irrevocable?
Generally, an irrevocable trust is titled 'irrevocable' or is designated as such somewhere in the first few paragraphs.
What is the difference between credit shelter trust and irrevocable trust?
What is the difference between credit shelter trust and irrevocable trust?
If timber is sold on land in irrevocable trust should it go into the irrevocable trust account?
no
Can a testamentary trust be revocable?
No. A testamentary trust is irrevocable. The maker is deceased and cannot revoke it.No. A testamentary trust is irrevocable. The maker is deceased and cannot revoke it.No. A testamentary trust is irrevocable. The maker is deceased and cannot revoke it.No. A testamentary trust is irrevocable. The maker is deceased and cannot revoke it.
Can you refinance a home in a irrevocable trust?
http://en.allexperts.com/q/Real-Estate-Home-1842/Refinancing-Trust.htm
Is property held in an irrevocable trust protected in bankruptcy?
Can you protect your assets from bankruptcy by placing them in an irrevocable trust?
Is there a settlor in an irrevocable trust?
if a settlor of an irrevocable trust feels that he was not properly informed by his attorney of all the restrictions what can he do
Where can I get more information for an irrevocable trust?
You can get information on what a irrevocable trust is at the following sites I found for you to have a look at www.dummies.com/.../revocable-versus-irrevocable-trusts.htm ,en.wikipedia.org/wiki/Trust_law
