"the antique brass bed in the master bedroom in the house at 33 Walker Ave., Fort Lee, New Jersey"."all the furniture normally kept in the house at 44123 Derby Ave., Ross, KY"."Money Market Account 47-223 at Charles Schwab & Co., Inc., San Francisco, CA".The trust document will show that you are transferring all your interest in the property, whatever share that is, to the living trust. If you own the property with someone else and are transferring only your share, you don't need to specify the share you own. If you own a house and several adjacent lots, it's a good idea to indicate that you are transferring the entire parcel to your living trust by describing the land as well as the house.
Sample metes and bounds description full#
But if the property has no street address - for example, if it is undeveloped land out in the country - you will need to carefully copy the full legal description, word for word, from the deed. It's not necessary to use the "legal description" found on the deed, which gives a subdivision plat number or a metes-and-bounds description. "the house at 4444 Casey Road, Fandon, Illinois, and the 20-acre parcel on which it is located".Again, this is because the description will be inserted into a sentence in the trust document. Don't end a description with a period.That's because the description will be inserted into a sentence in the trust document, and it would look odd to see a capital letter in the middle of a sentence. Don't begin a description with a capital letter (unless it must begin with a proper name, like "Steinway").Don't, for example, enter "my books" or "my stereo system." That's because once the property is in the living trust, it doesn't belong to you anymore - it belongs to the trust.
Don't use "my" or "our" in a description.Rules for Entering Descriptions of Trust Property
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