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Re: A Trust Can Hold Anything

Posted by JK on December 20, 2003 at 5:00 PM

In Reply to: A Trust Can Hold Anything posted by SeanW on December 19, 2003 at 2:05 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.

Thanks for answering the first question, but what about the second and third questions? I know for a home you need a Deed, Trust Declaration & Certification, but what about a car? I'm going to call the DMV, but I'm not expecting them to have alot of answers or even know what I'm talking about. Has anyone actually put a car in a trust?


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