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Living Trust Property Record - New Jersey

Living Trust Property Record - New Jersey 2025

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The document is a record for a revocable trust, detailing the description of property held in the trust, including acquisition date, value, date sold or transferred, and additional notes.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the name of the trust in the designated field at the top of the form. This identifies the specific revocable trust you are documenting.
In the 'Description of Property' section, provide a detailed description of each property held in the trust. Be as specific as possible to ensure clarity.
Fill in the 'Date Acquired by Trust' field with the date when each property was transferred into the trust. This is crucial for tracking ownership.
Next, indicate the 'Value' of each property at the time it was acquired. This helps establish an accurate record for future reference.
If any property has been sold or transferred, enter that information in the 'Date Sold or Transferred' field to maintain an up-to-date record.
Finally, use the 'Notes' section for any additional comments or important details regarding each property that may be relevant.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who owns property in a living trust?

The trust is the legal owner. The trustee holds the title and manages it, but always for the benefit of the beneficiaries. The trustor decides the terms, and beneficiaries enjoy the property or its benefits according to those terms.

How does a living trust work in NJ?

A living trust in New Jersey allows you to maintain use and control of your assets during your life and then passes them to beneficiaries after your death, all while providing protection from probate costs and state interference.

What document shows ownership of a trust?

A trust deed gives the third-party trustee (usually a title company or real estate broker) legal ownership of the property.

How to determine ownership of a trust?

Look for copies of deeds, bank or securities account statements that name a trust as the owner, or a Will that refers to a trust. Also look for papers that name an attorney, and call the attorney to see if he or she has any record of a trust.

Who keeps the original deed of trust?

In most circumstances, the lender will provide the borrower with a copy of the Deed of Trust, while the originals are mailed to the grantee after recording. Many county clerk and recorder offices will provide copies of this document for a small search and print fee.

How do I get a trust deed?

You cannot apply for a trust deed on your own. A trustee helps you with your application. You must get debt advice to find out if a trust deed is right for you.

Living Trust Property Record - New Jersey 2025

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