Part 5: What is a Deed of Trust?
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Part 5: What is a Deed of Trust?
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Before you negotiate, sell, or take legal action - review the Deed of Trust first.
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Before you negotiate, sell, or take legal action - review the Deed of Trust first.
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TikTokthelegalqueen
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Replying to @Elizabeth Pasillas a home gets inside of a trust by using a deed. The owners write up a new deed, granting it to the trust, having it properly signed and notarized, and filed with the county. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty #realestate
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TikTokestateplanlawyer
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A lot of people talk about the benefits of a trust. Very few explain how to actually open one! To set up a trust, you need three roles: a Settlor, a Trustee, and a Beneficiary. After that, a lawyer creates the trust deed and establishes the trust. You then open a bank account in the trust’s name, get a CRA trust number, and file a trust tax return every year. Planning always matters more than just knowing the benefits! #realestateinvesting #canada #trust #tax #finance
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