Labor Law Talk  
Complete Labor Law Poster for $24.95
from www.LaborLawCenter.com, includes
State, Federal, & OSHA posting requirements

Go Back   Labor Law Talk > Real Estate Law Forum > General Real Estate Law Questions
Reload this Page How to create a RE Trust?
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
  #1  
Old 05-21-2005, 07:14 PM
Papa Papa is offline
Junior Member
  
Join Date: May 2005
Posts: 3
Post How to create a RE Trust?
I live in California and own RE in Idaho an Utah. I would like to know how to create a real estate trusts that will hold each property?
Can I do it in California or are they state depndent? Thanks
Reply With Quote
  #2  
Old 05-21-2005, 09:16 PM
elklaw elklaw is offline
Super Moderator
  
Join Date: Apr 2005
Posts: 5,956
Default
State law will govern the property for the state it is located in. It is possible to place real estate into a trust, but that may not be practical as it may require re=titling of assets in some instances. You should consult a legal professional before placing your property in a trust. Also, many mortgage companies will not allow a property to be put into a trust, and may accelerate debt if you do that.
Reply With Quote
Reply

« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -8. The time now is 06:10 AM.

Contact Us - Labor Law Posters - Labor Law Talk - Archive - Links - Top

Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
© LaborLawTalk.Com 2008. All Rights Reserved.
Privacy Policy | Disclaimer and Conditions of Use

The LaborLawTalk.com forum is intended for informational use only and should not be relied upon and is not a substitute for legal advice. The information contained on LaborLawTalk.com are opinions and suggestions of members and is not a representation of the opinions of LaborLawTalk.com. LaborLawTalk.com does not warrant or vouch for the accuracy, completeness or usefulness of any postings or the qualifications of any person responding. Please consult a legal expert or seek the services of an attorney in your area for more accuracy on your specific situation. Please note that some of our forums also serve as mirrors to Usenet newsgroups. Many posts you see on our forums are made by newsgroup users who may not be members of LaborLawTalk.com

Topics pertain mainly to the following States:
Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada North Carolina North Dakota New Hampshire New Jersey New Mexico New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming