Funding Your Trusts With Real Estate In Tennessee

Many people moving to Tennessee from other states believe they don’t need to transfer their home into their trust. This common misconception can derail your entire estate plan.

At Plemmons Law Group, PLLC, our lead attorney, Loren Plemmons, has over 40 years of experience preparing deeds that properly transfer Tennessee real estate into trusts. We help both longtime residents and newcomers ensure their property ownership aligns with their estate plan goals.

Why Funding Trusts With Real Estate Matters In Tennessee

Tennessee probate law requires a specific approach that differs from many other states. If you want to avoid probate real estate proceedings, you must deed real estate to a trust before you pass away. Simply creating a living trust isn’t enough – the trust only works for the property that you actually transfer into it.

Without a proper transfer, your family will face probate court proceedings regardless of your trust agreement. This creates several problems:

• Public records that expose your family’s private financial matters
• Court costs that reduce the inheritance you intended to leave
• Delays that prevent beneficiaries from accessing the property quickly
• Legal complications that proper planning prevents entirely

New residents often arrive with trusts created elsewhere and assume their existing documents cover Tennessee property. However, you must still complete the physical transfer of each property to your trust through proper property deeds. This requirement applies whether you need a quitclaim deed or a warranty deed for your real estate trust Tennessee transfer.

How We Help With Transferring Property To A Trust

Our role focuses on preparing the legal documents needed for trust asset transfer of real estate. As your attorney, we draft and record the deed that changes property ownership from your individual name to your trust. The grantor (you) transfers the property to the trustee (also you, as trustee of your trust) for the benefit of your beneficiaries.

Funding trusts with real estate differs from transferring other assets. While we handle property deeds, you’ll work directly with your bank or financial adviser to transfer accounts and investments. If you need trust amendments before the transfer, we also address those changes. Proper funding works alongside your wills and broader estate planning.

Complete Your Estate Plan With Us

Our attorneys help families throughout East Tennessee and assist attorneys from other areas whose clients have purchased East Tennessee property and now need to title the Tennessee real estate to their trust.

Call us at 865-424-4379 or use this form to discuss how Plemmons Law Group, PLLC, can help with funding your trusts with real estate.