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A Trust Can Hold Anything

Posted by SeanW on December 19, 2003 at 2:05 PM

In Reply to: Car into trust posted by Jk on December 19, 2003 at 1:45 PM

You can put any asset into a trust, if the language of the trust supports its disposition by the trustee. Cash, real estate, stocks, bonds, a car, a boat, your baseball card collection. Whatever.

A for what the DMV does, I have no clue. But the logical answer would be that the trustee is recorded as the "owner" of the car for communication purposes.



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