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After creating a revocable living trust, the next step is transferring assets into the trust, specifically Real Estate, using a trust transfer deed. Daniel Hunt, an estate planning specialist, explains what a trust transfer deed is, who needs one, and how to create one. A trust transfer deed is a legal document that transfers title of real estate into a trust. It is needed when creating a trust to avoid probate and when refinancing a home that has been taken out of trust.