Quitclaim Deed - Husband and Wife to Trust - Virginia: Fill out & sign online

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Who can be a trustee of a property?

In simple terms, anyone who has the capacity to hold property can be a trustee. It is possible to be both a beneficiary and a trustee, although this may not always be appropriate. A trust may have just professional trustees, just lay trustees or a combination of the two.

Are quit claim deeds legal in Virginia?

Updated November 9, 2020 | Legally reviewed by Susan Chai, Esq. A Virginia (VA) quitclaim deed is a legal document that gives a property owner the ability to transfer rights and ownership to their property to another party.

Who signs a quit claim deed in Virginia?

Signing (VA Code Ann. 55.1-600) The grantor(s) have the choice of authorizing the form in front of two (2) witnesses or a notary public.

Are quitclaim deeds legal in Virginia?

Updated November 9, 2020 | Legally reviewed by Susan Chai, Esq. A Virginia (VA) quitclaim deed is a legal document that gives a property owner the ability to transfer rights and ownership to their property to another party.

Can a trustee also be a beneficiary in Virginia?

TRUSTEE REQUIREMENTS A trustee: ∎ Must have active duties to perform. ∎ Cannot be the sole trustee and the sole beneficiary. (Va.

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