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If you set up a trust account with tin number and buy a

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house with some of the...
If you set up a trust account with tin number and buy a house with some of the funds whose name would be on the house.
Submitted: 3 years ago.Category: CA Real Estate
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Customer reply replied 3 years ago
I need the phone number to a Special Needs Attorney in an Francisco.
Answered in 1 day by:
6/15/2015
Lawyer: socrateaser, Attorney replied 3 years ago
socrateaser
socrateaser, Attorney
Category: CA Real Estate
Satisfied Customers: 40,165
Experience: Attorney and Real Estate Broker
Verified
Hello,
All of the attorneys identified at this link are State Bar of California Certified Estate Planning Specialists, located in San Francisco, CA. Any one on the list is likely to be able to assist you with a special needs issue.
I cannot recommend any particular attorney in preference to another (website policy).
I hope I've answered your question. Please let me know if you require further clarification. And, please provide a positive feedback rating for my answer -- otherwise, I receive nothing for my efforts in your behalf.
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Ask Your Own CA Real Estate Question
Customer reply replied 3 years ago
Did get the answer about the trust fund
Lawyer: socrateaser, Attorney replied 3 years ago
The answer is that the owner would be on title. Only if there is an actual trust agreement naming a trustee to hold property, can a trustee be named on title.
A trust account is insufficient, by itself.
I hope I've answered your question. Please let me know if you require further clarification. And, please provide a positive feedback rating for my answer -- otherwise, I receive nothing for my efforts in your behalf.
Thanks again for using justanswer.com!
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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